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Are wachovia student loans beneficial

Updated: 8/20/2019
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12y ago

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"To start, let me say that all student loans are beneficial as they are allowing someone to obtain an education. Wachovis Loans are beneficial as they provide support throughout the loan process. With a cosignor, applicants may also qualify for lower interest rates."

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Q: Are wachovia student loans beneficial
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What is the interest rate on a Wachovia student loan?

Wachovia has now merged with Wells-Fargo Bank. While interest rates for loans are always fluctuating, Wachovia/Wells-Fargo currently offer student loan interest rates as low as 3.40% APR. Additionally, borrowers do not have to pay on their loans while in school. It is very easy to apply.


How much is Wachovia student loan consolidation interest rate?

A Wachovia student loan consolidation interest rate is is 6.75%. This rate is the base rate set be the US Government sallie mae loans plus wachovias take.


Where can one obtain information pertaining to Wachovia Home Loans?

One can obtain information pertaining to Wachovia Home Loans at Wachovia Home Loans Official website, at some banks, or even at some online blogs about loans.


What is the interest rate for Wachovia student loans?

Wachovia has been know to offer student loan rates for as little as four percent. They are one of the industry leaders in student loan lending. Their rates do vary so it is best to check with your local branch to see what today's rate is.


Does Wachovia offer loans for students?

Wachovia offers all types of loans for students. So need a litte help or a lot use Wachovia loans. Everbody qualifys for a loan. While in school no payment required.


What are the requirements for wachovia studnet loans?

A requirement for a wachovia student loan is to apply for a Pell Grant. Pell Grant is based on financial needs and plus lots of colleges make you apply for this before other grants.


Can anyone apply for a Wachovia student loan?

Only if they are a student or graduate student at an appropriate University or College. Parents of these students can also apply. They also have loans for students in the healthcare field that are not currently at college, but are doing internships and the like.


Does Wachovia bank offer the best rates on student loans?

Not necessarily. There are many banks that will give you different rates on the plan you choose. Furthermore, there are many other factors that go into deciding the rate. Also, the federal government offers good student loans, so that is my first recommendation.


In what ways would loans be beneficial to a college student?

Loans can be beneficial to a college student to help ease the burden of the costs of post-secondary education. They can be used to help pay for living expenses, class fees, and books. They do need to be paid back in the end, though, and can cause some large debts.


In what states does Wachovia offer Home Equity Loans?

Wachovia, or Wells Fargo, offer Home Equity Loans in all 50 states. Wells Fargo Home Equity Loans have low interest rates, funds available anytime, and have no closing costs.


Can a judgment affect your student loan?

if you are the student trying to get a Stafford, Perkins subsidized or unsubsidized loan no, but parents trying to get a parent plus loan it will because these types of loans are credit based loans. if you are trying to get a personal loan from a lending institution ie. wachovia, Sallie Mae etc. then yes a judgment will affect you.


What are the benefits of taking a loan from Wachovia Bank Auto Loans?

Wachovia has a large number of branches across the U.S. If you are already a Wachovia customer you can easily combine your bank services and perhaps get a better rate or lower fees. Generally, it pays to shop around for the best deal on loans, money is money.