Student Loan
WHICH STUDENT LOAN CONSOLIDATION PLAN WOULD BE BETTER?
Mar 26th
Question by Jonaskizal:
Which student loan consolidation plan would be better?
I’m applying without a co-signer and wish to lower my monthly payments (I’m paying about 5 banks right now, each month.)
FIXED Interest rate 13.45%
14.10% APR
5.00% Loan Fee
$ 398.73 Monthly Payment
OR
VARIABLE Interest Rate 11.06%
3.06% Index–3 Months LIBOR
8.00% Margin
11.64% APR
5.00% Loan Fee
$ 330.49 Monthly Payment
I realize these rates are a bit ridiculous, but I am backed into a corner. I do not really want to ask anyone to cosign for me, and I dont want to keep paying $ 600/month over various banks.
What would you do? Or should I try another bank?
Thanks.
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WHEN DO I HAVE TO REPAIR MY STUDENT LOAN?
Mar 24th
Question by ediway:
when do i have to repair my student loan?
i made a student loan, and im still in college. however, im supposed to pay back my student loan 6 month after i stop college. but i stopped for the summer. i was wondering if it is counted as 3 months already and if i m planning to stop next summer, i was wondering if i will need to begin paying back my student loan after that?
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Q&A: HOW TO FIND A PRIVATE STUDENT LOAN IF YOU DONT HAVE GOOD CREDIT.?
Mar 23rd
Question by :
How to find a private student loan if you dont have good credit.?
I am looking for a private student loan but i do not have a co-signer. How can i get the extra money i need without one?
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Q&A: CAN MY GIRLFRIEND CLAIM MY STUDENT LOAN INTREST?
Mar 21st
Question by Help:
Can my girlfriend claim my student loan intrest?
I was wondering if my girlfriend can claim the intrest on my student loan , Instead of me filing an amendment to my tax return.
She would give me cash to make the payment , and I would make the payments from my bank account. She cannot prove that she gave me the money , so I was wondering if that would be a problem for her for trying to claim the intrest write-off.
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Q&A: WHAT COMPANY SHOULD I GO THROUGH TO GET A PRIVATE STUDENT LOAN?
Mar 19th
Question by pullagrav:
What company should I go through to get a private student loan?
I’ve been through Sallie Mae with the tuition answer loan before, and I am leaning towards them. But with this economy, is taking out a private student loan risky, and can I anticipate the interest rates to be higher?
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STUDENT LOAN CONSOLIDATION QUESTION?
Mar 17th
Question by almatters:
Student loan consolidation question?
I have about 17k in SL from undergrad that were consolidated at 2.8%. I come this might I will have an additional 31k in SL, due to grad school. I am going to need a 30 year repayment period, as I cant afford a lot of extra money right now.
DO I have to consolidate my Grad loan with my undergrad, if I do this i will loose my awesome rate?
Can I keep the loans separate- but still at least stretch the 31k into repayment over 30 years?
What are current federal interest rates? Do you think they will go down because it appears the economy is headed south?
I never consolidated my grad loans. I consolidated my under grad right after I was done with school, and two year before I went to grad school.
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NEED STUDENT LOAN REHABILITATION AND CONSOLIDATION HELP!!!?
Mar 15th
Question by mimmie7794:
Need student loan rehabilitation and consolidation help!!!?
Hi, My husband just finished the “loan rehabilitation” program through a company called FMS. He did everything as they asked, made a down payment and made 9 on time payments to complete the program. Now they are saying for us to get out of the program and to improve my husband’s credit score, we must sign a loan consolidation form (which they try to tell me ISNT a loan app, but IT IS). There is only ONE loan listed on the form at 8.02% (a G loan they called it) but my husband has several other “D” loans and they aren’t listed. They are saying that unless we sign the form and send it back, we will have to “re-do” the rehabilitation program. I would really like to know if they are trying to trick us. Anyone who has dealt with this type of thing PLEASE help us! Thanks!
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HOW DO YOU DEFAULT ON A STUDENT LOAN?
Mar 14th
Question by Matthew E:
How do you default on a student loan?
How do you default on a student loan? Is that when you cannot pay it back? Or what does that mean? Because in order to join the FBI you cannot default on a student loan. No other loan specificly. I am just wondering A: what it means and B: Why the FBI takes it so seriously.
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Q&A: WHAT DO YOUR STUDENT LOAN PAYMENTS LOOK LIKE?
Mar 12th
Question by minibikemulisha:
What do your student loan payments look like?
I’m starting my student loan payments of $ 120 for 15 years. I am kind of freaking out. I have a full time job, and do not spend much money. However I am getting older and things are getting more expensive. What do you pay for loans per month? Are you having a hard time?
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Q&A: HOW DO I GET CREDIT FOR STUDENT LOAN PAYMENTS?
Mar 10th
Question by Lexi EB:
How do I get credit for student loan payments?
My grandfather co-signed a private student loan for me. Now that I am done with school, I am the one paying off the loan but since my grandfather co-signed it shows up on his credit report and not mine. Is there anyway for me to get this added to my credit history? Or is there something else I can do for the future, if necessary, to show that I have actually been making the payments and not my grandfather. Thanks!
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