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Can someone who pays off deferred student loan get other student loans?
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Which of these makes a student loan different from other types of loans?
Students don't have to provide any collateral to get a student loan. On some student loans, payment may be deferred until the student is out of college.
Can you still get federal student loans if you have defaulted on other student loans that are now deferred?
If your loans are in a Deferment, then they were never in a Default status, they may have been delinquent. You are not eligible for Deferment while loans are Default. So to answer your question, yes you are eligible to take out additional loans if you are in a Deferment.
Where can someone go to learn more about college education loans?
You can learn about college education loans from government websites such as Student Loans and Student Aid. Other websites include CU Student Loans and Scholarships.
What is the definition of student loan?
student loan is designed to help students pay for college tuition, books, and living expenses. It differs from other types of loans in that the interest rate is substantially lower and the repayment schedule is deferred while the student is still in school. ...
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
Does Wells Fargo offer student loans?
Yes, Wells Fargo offers student loans. You can compare rates of their student loans as well as other similar business student loan rates on their website.
One spouse is in default on a student loan can the other spouse obtain student loans?
You should be able to as they are individual loans.
What is the meaning of chase student loans?
Chase student loans are private loans that you can apply for after you have already attempted to receive federal student loans. These loans are meant to be additional help, or supplemental, as they typically are not of a big enough value to cover the cost of tuition or other educational needs you may have.
Should you refinance your home loan and pay off your student loan debt or invest the money?
In most cases no, because student loans offer advantages that many other types of loans do not have. For example, in a number of cases, student loans can be forgiven (e.g., for certain jobs, or when the person who owes the loan dies, the student loan is forgiven). In most cases (depending on your tax bracket, other expenses and loans, etc.), it would be better to invest the money (e.g., in a tax-deferred plan, in real estate, etc.) or to pay off other loans, especially those with high interest rates and/or that are not tax-deductible. Of course, many factors have to be considered before making a final decision about this, such as opportunity costs, interest rates, if you have dependents, etc. <a rel="dofollow"href="http://www.studentauto1insurance.com" rel="dofollow">student car insurance</a>
When evaluating someone for a mortgage do they factor in future debt obligations such as student loans in a grace period?
Yes, a mortgage lender will look at your student loan, even if it is in a grace period. When the lender pulls up a credit report on you, your student loans will be listed there, even if you haven't begun repayment yet. The lender will estimate what your monthly payment will be for your student loans and factor that in the calculation with your other debts when deciding how much house you can afford.
Wage garnished student loan paid off can you get another student loan?
Yes, 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.
Are private student loan cosigners in danger if you default on other loans they didn't cosign?
OP here with more details: the private student loans they are cosigned on are current/paid on time, but other private student loans (with the same lender) are about to default. Can this in any way cause problems for my cosigner?
