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.
In the US, a student loan collection company that is garnishing your wages will already have a court judgment against you. You can get out of the judgment and garnishment by consolidating your loans. Click the link at the bottom of this text box to get help with the consolidation of your loans.
A loan in forbearance permits a student to temporarily postpone their federal student loan payments. Or, the forbearance temporarily reduces the amount the student pays. Your students loans may show up on your credit report while in repayment status or out of deferment.
It is student loan provided to a student in college. When you apply for finial aid you can also apply for a student loan then, your college will have lender set up.
A federal Stafford loan does NOT require a cosigner. If you do co-sign a private loan, both parties have liability to the debt. The co-signer is liable for the balance just as if they had co-signed for the student for a car, signature loan, mortgage, etc. It is just a different type of loan that can be taken out from the bank. Liability standards/payment terms can verify by the qualifications of the co-signer or student - so an inquiry to the banking institution you would do these loans for would be the safest bet.
One can have a student loan forgiven if one has no money at all to pay or if one joins a program called student loan which basically pays every penny of ones loan.
No.
Yes.
In the US, a student loan collection company that is garnishing your wages will already have a court judgment against you. You can get out of the judgment and garnishment by consolidating your loans. Click the link at the bottom of this text box to get help with the consolidation of your loans.
As long as loan stays current, credit & other obligations irrelevant.
No, a student loan with low interest rates, will not affect your course load at all. The loan will be the same regardless of what course you're enrolled on.
If the student loan is taken out in the name of the student then no. The student's credit score is separate from anyone else's. If the student loan is taken out in the name of the parent or with them as cosigner then yes - their credit scores would come into play.
It will appear as an obligation and as such limit the amount that will be considered for total monthly payment. No I don't think it will affect your your credit score.
yes
In the US, no it won't. Your credit and job history do not play a part in student loan eligibility.
Parent Loan: A parent is getting the loan Student loan: A student is getting the loan
There are many places to research student loan settlement. You can look at various places on the web or at many banks. Looking for loan settlements can be difficult start by checking www.wellsfargo.com/student
what is a student loan grant?