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Direct loan servicing is available for student loans. The following website provides additional information: yesiamcheap.com/2011/03/hate-direct-student-loan-servicing/

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13y ago

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Is direct loans servicing the best way to pay off a debt?

Direct Loans servicing is a student loan consolidation program run by the federal government which will allow you to combine all your loans into one loan with a blended interest rate corresponding with the amounts on your current loans. President Obama is set to announce a new student loan aid program shortly, so Direct Loans servicing may or may not be appropriate depending on the announcement. At the time of this writing, the details are not available.


Where can one find loans for direct servicing?

There is a place online where someone can find loans for direct servicing. The best place to look in the Direct Ed website which offers information about how students and parents can apply for Direct loans.


How can I get direct student loans?

Go to banks and they can show how to get direct student loans. Also consider searching the web for direct student loans, and ask trusted friends, colleagues, and family members about this direct student loans. good luck.


What is the benefit of direct loans servicing?

"Direct Loan Servicing is an easy way to manage your school loans. You can learn about consolidation, tax information, and view your payment history as well."


What company provides direct student loans?

There are only a few companies that provide direct student loans. You can go to a bank and get student loans from there, or you can get Federal Loans from your school.


What are the differences between direct and indirect student loans?

The difference between direct and indirect student loans are direct loans come to you in your name to deposit and use for school. Indirect loans go stright to the school and are used just for tuition.


Are direct loans a smart choice?

A direct loan is a student loan that is made to the student directly by the federal government. There is no secondary lender in the middle of the transaction. A direct loan is not a consolidation loan, neither for student loans or for people who have general debt. Direct loans are made to those who are determined eligible based on need, which is determined by FAFSA (www.fafsa.ed.gov). Keep in mind that student loans, once consolidated, are no longer "student loans" and as such are no longer eligible for any of the benefits of a student loan.


What is the purpose of direct loan?

A direct loan is a student loan that is made to the student directly by the federal government, which then subsidizes the interest on the loan while the student is in school. A direct loan is not a consolidation loan, neither for student loans or for people who have general debt. Direct loans are made to those who are determined eligible based on need, which is determined by FAFSA (www.fafsa.ed.gov). Keep in mind that student loans, once consolidated, are no longer "student loans" and as such are no longer eligible for any of the benefits of a student loan.


Are chase student loans better then ford direct loans?

Chase student loans and Ford direct loans are very similiar. Depending on the student's needs, either or is best. For a clearer view on the difference between the two, I suggest calling both Chase and Ford, and speaking to them about your needs, and see which is best for you.


Where can I find direct loan servicing?

There are many online websites that can be used to find direct loan servicing. http://www.direct.ed.gov/ is a federal government based website that can help you find perfect loan services to manage your loans.


Are CFS student loans competitive?

CFC loans was acquired by Chase in 2006. Collegiate Funding Services (CFS) is a leading college student loan provider and servicing agency. Students apply directly for the Fedral Family Education Loan Program (FFELP) loans or for a private student loan.


Where can a student get advice on direct loans?

There are many places where one could go to get advice on and about direct student loans for college. The best places to go would be banks where they will explain the whole process.