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Can you Cancel a parent loan?

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Anonymous

15y ago
Updated: 8/18/2019

no

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Wiki User

15y ago

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Related Questions

How do you cancel a Loan. I want to cancel my loan of 400. How can I do that?

The only way to cancel a loan is to pay it off. The lender owns the loan and you have no control over it at all.


How can a parent transfer a Parent PLUS loan into their student's name?

A parent cannot transfer a Parent PLUS loan into their student's name. The loan is the responsibility of the parent who took it out, and the student cannot take over the loan.


What is better a student loan or a parent plus loan?

Only a parent can apply for a parent loan. the payment plan for a student loan can be deferred until after graduation. It all depends on who is paying the loan off, the student or the parent


Is it possible to transfer a Parent PLUS loan from one parent to another?

No, it is not possible to transfer a Parent PLUS loan from one parent to another. The loan is the responsibility of the parent who originally took it out.


How do you cancel an accidental purchase on a parent's credit card?

The only ways to cancel an accidental purchase on a parent's credit card is to cancel the order from the producer/provider or cancel it through the credit card's business.


Is it possible for me to transfer a Parent PLUS loan to the student?

No, it is not possible to transfer a Parent PLUS loan to the student. The loan is the responsibility of the parent who took it out, and cannot be transferred to the student.


Can a parent transfer a loan to their student?

Yes, a parent can transfer a loan to their student through a process called loan assumption or refinancing. This involves the student taking over the responsibility for repaying the loan from the parent.


Can I cancel my business loan request before getting the funds?

Yes you can, but you have give some charges.


What happens to a parent plus loan if the parent dies?

If a parent who has taken out a Parent PLUS loan dies, the loan may be discharged, meaning the remaining balance may be forgiven and the responsibility for repayment may be eliminated.


How do you cancel a bank lien?

pay off the loan


What happens to Parent PLUS loans if the parent dies?

If a parent with a Parent PLUS loan dies, the loan may be discharged, meaning the remaining balance may be forgiven.


Is it possible for me to transfer my Parent PLUS loan to my spouse?

No, it is not possible to transfer a Parent PLUS loan to a spouse. The loan is the responsibility of the parent who took it out, and cannot be transferred to another individual, including a spouse.