Comments for Loans FAQ http://tuinkalender.com Sat, 19 May 2012 08:58:04 +0000 hourly 1 http://wordpress.org/?v=3.0.1 Comment on Q&A: WHAT WILL HAPPEN IF MY CREDIT SCORE DROPS AND I HAVE A CAR LOAN? by number two is on the way™ http://tuinkalender.com/2152/qa-what-will-happen-if-my-credit-score-drops-and-i-have-a-car-loan/comment-page-1/#comment-52544 number two is on the way™ Sat, 19 May 2012 08:58:04 +0000 http://tuinkalender.com/2152/qa-what-will-happen-if-my-credit-score-drops-and-i-have-a-car-loan/#comment-52544 as long as you are making your payments their shouldn't be any problem... until you want to finance the next one, then you might have trouble. it'll be okay, you can stop worrying. as long as you are making your payments their shouldn’t be any problem… until you want to finance the next one, then you might have trouble.

it’ll be okay, you can stop worrying.

]]> Comment on Q&A: WHAT WILL HAPPEN IF MY CREDIT SCORE DROPS AND I HAVE A CAR LOAN? by Michael M http://tuinkalender.com/2152/qa-what-will-happen-if-my-credit-score-drops-and-i-have-a-car-loan/comment-page-1/#comment-52543 Michael M Sat, 19 May 2012 08:06:08 +0000 http://tuinkalender.com/2152/qa-what-will-happen-if-my-credit-score-drops-and-i-have-a-car-loan/#comment-52543 nothing unless you have a variable rate. nothing unless you have a variable rate.

]]> Comment on HOW HELPFUL ARE STUDENT LOAN CONSOLIDATIONS? by Pookie http://tuinkalender.com/2151/how-helpful-are-student-loan-consolidations/comment-page-1/#comment-52465 Pookie Fri, 18 May 2012 20:10:13 +0000 http://tuinkalender.com/2151/how-helpful-are-student-loan-consolidations/#comment-52465 keep in mind with loan consolidation that you're extending the term of your loan (up to 30 years; the maximum term depends on how much student loan debt you have) in exchange for lower payments, which means you'll pay much more interest in the long run. i consolidated my students loans with access group (accessgroup.com). they allowed me to pick and choose which loans i would consolidate and which ones i would leave untouched. as with many other consolidators, i get an instant discount on the interest rate, and an additional discount after making a certain number of payments on time, and another discount for signing up for direct payment from my bank account (which ensures that i'll make my payments on time, for that additional discount). if you have multiple loans, run some loan calculators (bankrate.com, e.g.) or meet with a loan counselor to compare how much you'll pay back in total if you consolidated all of it versus if you consolidate only part of it. by doing this, i determined that it was better for me to consolidate only my lowest interest rate loans and to keep my higher interest rate loans separate so i can target higher payments toward that loan and thereby decrease the total dollar amount of interest i'll pay over the life of the loans. good luck! keep in mind with loan consolidation that you’re extending the term of your loan (up to 30 years; the maximum term depends on how much student loan debt you have) in exchange for lower payments, which means you’ll pay much more interest in the long run.

i consolidated my students loans with access group (accessgroup.com). they allowed me to pick and choose which loans i would consolidate and which ones i would leave untouched. as with many other consolidators, i get an instant discount on the interest rate, and an additional discount after making a certain number of payments on time, and another discount for signing up for direct payment from my bank account (which ensures that i’ll make my payments on time, for that additional discount).

if you have multiple loans, run some loan calculators (bankrate.com, e.g.) or meet with a loan counselor to compare how much you’ll pay back in total if you consolidated all of it versus if you consolidate only part of it. by doing this, i determined that it was better for me to consolidate only my lowest interest rate loans and to keep my higher interest rate loans separate so i can target higher payments toward that loan and thereby decrease the total dollar amount of interest i’ll pay over the life of the loans.

good luck!

]]> Comment on HOW HELPFUL ARE STUDENT LOAN CONSOLIDATIONS? by dlin333 http://tuinkalender.com/2151/how-helpful-are-student-loan-consolidations/comment-page-1/#comment-52464 dlin333 Fri, 18 May 2012 19:32:42 +0000 http://tuinkalender.com/2151/how-helpful-are-student-loan-consolidations/#comment-52464 well, what i did, is instead of the loan consolidation companies, i went direct threw the Dept of Education to get my William Ford consolidation loan,,,,,,,, those companies dont tell you that you can do that,,,,,,, then they will base your payment on your income,,,,,, go to www.dl.ed.gov or call 1-800-848-0979 by using the Dept of Ed, you save yourself the additional fees the loan consolidation companies charge, i found all this out when i was out of work, due to fractured knee,,,,,, the loan consolidation companies wanted me to send money, sign papers, before they would even tell me what my payments would be,,, i got lucky and called Dept of Ed,,,,,, so i would start there, see what of their programs/repayment options you would qualify for,,,,,,, that is based on your income,,,, and family size,,,, well, what i did, is instead of the loan consolidation companies, i went direct threw the Dept of Education to get my William Ford consolidation loan,,,,,,,, those companies dont tell you that you can do that,,,,,,, then they will base your payment on your income,,,,,,
go to http://www.dl.ed.gov
or call 1-800-848-0979
by using the Dept of Ed, you save yourself the additional fees the loan consolidation companies charge,
i found all this out when i was out of work, due to fractured knee,,,,,, the loan consolidation companies wanted me to send money, sign papers, before they would even tell me what my payments would be,,, i got lucky and called Dept of Ed,,,,,,
so i would start there, see what of their programs/repayment options you would qualify for,,,,,,, that is based on your income,,,, and family size,,,,

]]> Comment on HOW HELPFUL ARE STUDENT LOAN CONSOLIDATIONS? by doublehappinessfilms http://tuinkalender.com/2151/how-helpful-are-student-loan-consolidations/comment-page-1/#comment-52463 doublehappinessfilms Fri, 18 May 2012 19:24:06 +0000 http://tuinkalender.com/2151/how-helpful-are-student-loan-consolidations/#comment-52463 I do not know too much in regards to this topic. All I can tell you is that 2 good friends of mine chose the "loan consolidation" solution in order to pay their debt back. They both wished they never did. I do not know too much in regards to this topic. All I can tell you is that 2 good friends of mine chose the “loan consolidation” solution in order to pay their debt back. They both wished they never did.

]]> Comment on HOW HELPFUL ARE STUDENT LOAN CONSOLIDATIONS? by ruth4526 http://tuinkalender.com/2151/how-helpful-are-student-loan-consolidations/comment-page-1/#comment-52462 ruth4526 Fri, 18 May 2012 18:28:18 +0000 http://tuinkalender.com/2151/how-helpful-are-student-loan-consolidations/#comment-52462 It is better to consolidate. My grandson is in the process of doing this as I type. You can go to www.citzibank.com and ask them to take over you loans and consolidate them. Then tell them you want your loan locked in at a smaller payment and the least interest. This way they can't raise it. Good Luck. We have talked to many banks and student loans companies and were told to do this. We think it is better to go to the bank and citzi is the best to work with. Citzi will let you have some forebearance also. Or deferment. It is better to consolidate. My grandson is in the process of doing this as I type. You can go to http://www.citzibank.com and ask them to take over you loans and consolidate them. Then tell them you want your loan locked in at a smaller payment and the least interest. This way they can’t raise it. Good Luck. We have talked to many banks and student loans companies and were told to do this. We think it is better to go to the bank and citzi is the best to work with. Citzi will let you have some forebearance also. Or deferment.

]]> Comment on HOW HELPFUL ARE STUDENT LOAN CONSOLIDATIONS? by candleinthewind7579 http://tuinkalender.com/2151/how-helpful-are-student-loan-consolidations/comment-page-1/#comment-52461 candleinthewind7579 Fri, 18 May 2012 18:22:56 +0000 http://tuinkalender.com/2151/how-helpful-are-student-loan-consolidations/#comment-52461 Loan consolidations are always good because your pay only one interest rate as opposed to multiple interest on multiple loans. Check with a local lender (bank) and also with the agencies where you have student loans thru...usually they will be happy to consolidate for you. Make sure to get the lowest possible interest rate and affordable payment plan for your specific budget Loan consolidations are always good because your pay only one interest rate as opposed to multiple interest on multiple loans. Check with a local lender (bank) and also with the agencies where you have student loans thru…usually they will be happy to consolidate for you. Make sure to get the lowest possible interest rate and affordable payment plan for your specific budget

]]> Comment on HOW HELPFUL ARE STUDENT LOAN CONSOLIDATIONS? by Mr. Mui http://tuinkalender.com/2151/how-helpful-are-student-loan-consolidations/comment-page-1/#comment-52460 Mr. Mui Fri, 18 May 2012 17:55:16 +0000 http://tuinkalender.com/2151/how-helpful-are-student-loan-consolidations/#comment-52460 You may consider Sallie Mae Student Loan Services. I consolidated my student loans and my interest rate is about 4%. This is only for Federal Loans and not private loans (e.g. Stafford, PLUS, etc.). You may consider Sallie Mae Student Loan Services. I consolidated my student loans and my interest rate is about 4%. This is only for Federal Loans and not private loans (e.g. Stafford, PLUS, etc.).

]]> Comment on HOW DOES A MILITARY HOME LOAN WORK? IS IT A FOR SURE THING? by Wayne C http://tuinkalender.com/2150/how-does-a-military-home-loan-work-is-it-a-for-sure-thing/comment-page-1/#comment-52447 Wayne C Fri, 18 May 2012 05:20:44 +0000 http://tuinkalender.com/2150/how-does-a-military-home-loan-work-is-it-a-for-sure-thing/#comment-52447 He has been eligible since being in Iraq for 90 days. The link has ALL the details. You must qualify with a lender. You may have to pay several thousand dollars in fee's. I paid close to 4K for a $ 74,000 loan in 1983. The loan has limits but most are 100 % of the homes value. Good Luck He has been eligible since being in Iraq for 90 days. The link has ALL the details.

You must qualify with a lender. You may have to pay several thousand dollars in fee’s. I paid close to 4K for a $ 74,000 loan in 1983. The loan has limits but most are 100 % of the homes value.

Good Luck

]]> Comment on Q&A: IS THEIR A CAR LOAN WITH NO CONTRACT AND WITH NO CREDIT CHECK? by wizjp http://tuinkalender.com/2149/qa-is-their-a-car-loan-with-no-contract-and-with-no-credit-check/comment-page-1/#comment-52443 wizjp Thu, 17 May 2012 20:11:24 +0000 http://tuinkalender.com/2149/qa-is-their-a-car-loan-with-no-contract-and-with-no-credit-check/#comment-52443 No. Period. No.

Period.

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