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What else can I help you with?
Is a co-signer responsible for the loan if the main borrower dies?
Generally, yes. That is generally the purpose of requiring a co-signer for any loan. In the US, the answer may be no if the loans are federally guaranteed student loans. Once the borrower dies, the government will forgive the loans. Contact the Ombudsman's office with the Department of Education.
How can you get assistance from your school to pay off debt from student loans?
There are many ways to pay off the debt from student loans. Unfortuneately, I am unaware of any ways for you to get help from your school in paying off these loans. There are some websites that can help you with paying off your student loans.
Are any private student loans still considered government loans?
No, by definition, private student loans are not government student loans. Federal student loans are guaranteed by the US, govt, and the govt sets the interest rates and determine the policies around loan limits and repayment. Private student loans are provided by banks, credit unions and other financial institutions such as Sallie Mae. Because they are not guaranteed, they are much higher risk to the lenders, so they are typically credit based. This means interest rates are variable, and determined by the borrower's credit history. Because most student's haven't had a change to acquire good credit, having a co-signer with good credit almost always improves the interest rate. Banks don't have any collateral for student loans.
Why are student loans usually guaranteed by the government?
Banks don't have any collateral for student loans.
do you know of any good websites to get info on federal dIRAct student loans?
www.fafsa.gov is the best place to go. They have comprehensive information on student aid packages and availability, and you can apply for student aid for free.
Are there any websites offering information on how to consolidate student loans?
A student loan can be a heavy burden for a student to bear and more than one student loan can prove to be unmanageable. To get information about student loan consolidation you can go to smarterschooling.com/DebtConsol
Your daughter is 18 and has no credit yet She needs a co-signer for college loans but her dad and my credit is bad what can she do?
If she's going to an accredited college or university then she can get federal student loans. They don't run your credit for these. She only needs to have not defaulted on any other federal loan.
Can you get your student loans paid for by joining the peace corp?
if you paid off a Defaulted student loan and don't have any other defaulted student loans, then you are eligible to get new Federally Guaranteed student loans
What are student loans?
The private student loans are the loans arranged by the student through any of the private banks at a fixed interest rate. To apply to these private student loans you need a cosigner unless your credit rating is too good and you have a source of income.
What are private student loans?
The private student loans are the loans arranged by the student through any of the private banks at a fixed interest rate. To apply to these private student loans you need a cosigner unless your credit rating is too good and you have a source of income.
where can I get a private student loan?
Private student loans are credit-based, non-federal student loans that can help you cover any school expenses you have remaining when scholarships, grants, and federal student loans arenat enough.
What are the best citibank student loans?
As of December 29th, 2012 Citibank no longer accpets applications for any student loans. There are options for student loans through Discover which can cover up to 100% of education costs.
