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Does Sallie Mae base a student loan on income to debt credit and how much do people usually get on a student loan from them?
Wiki User
∙ 12y ago
i actually worked for sallie Mae as a student loan consultant. It depends on the type of loan that you are looking for. they all vary from loan to loan.
Wiki User
∙ 12y ago
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Does home foreclosure effect ability to get student loan?
In the US, no your eligibility for student loans is not dependant on credit or income.
What information is required to apply for Visa student credit cards?
To apply for a Visa student credit card, you typically need to provide personal information such as your full name, date of birth, Social Security number, contact information, proof of enrollment in a university or college, and possibly proof of income or a co-signer if you don't have a steady income. Each credit card issuer may have specific requirements, so it's best to check with them directly.
Where can a student get a credit card?
If you are a student and you are seeking to get a credit card, you may need to check with your bank for more information. If you have an account, steady income and can pay your bills on time, you may be qualified.
How do i get a 1500 loan for a student with no job and reasonable credit?
Fill out the FAFSA form at your Financial aid office at your college. It is not based on income or credit.
What is the percentage sallie Mae can garnish from you per garnishment?
Up to 25% of your disposable income. Disposable income is gross - taxes.
If a defaulted student loan is consolidated with repayment at 0 does this affect credit rating for non-payment?
No, if you receive an income sensitive repayment plan after consolidating and the payment is $0 because of your dependents and income, then it will not adversely affect your credit score.
Is it possible for a student to get a mortgage with a partner that is already employed full time?
Yes, as long as there is enough income to support the payment. If you as a student do not have any income, the other person will have to prove the income to support the new mortgage payment, any loans (car,/student loans), credit cards in both names and the taxes & hazard insurance.
Can you co sign a student loan with bad credit?
In the USA, if the student loan is Federal like a Stafford or Perkins loan, then yes you can cosign with bad credit. If the student loan is a private student loan, then no, you must have good credit. Keep in mind, you should never take out private student loans out until you have used up Federal loans, grants, and scholarships. Private student loans have high interest rates and no benefits.
Child is 18 can you get earned income credit for her?
Check irs.gov. It probably depends on whether she is still a full time student and is your dependent.
What is the current interest rate of sallie Mae school loans?
Sallie Mae student loans offer good interest rates for students but as with any loan you should plan on repaying the loan in the shortest period possible. You need to carefully consider the amount you need to borrow as well as the percentage of your future income that will be devoted to the repayment of the loan. Begin repaying your loan as soon as possible, Sallie Mae offers several repayment programs, each with a different cost to you.
What are private student loans?
The private student loans are the loans arranged by the student through any of the private banks at a fixed interest rate. To apply to these private student loans you need a cosigner unless your credit rating is too good and you have a source of income.
Is your eligibility for student government grants dependent on your credit score?
Student grants eligibility depends on your income, what type of grant you are applying for, and if you currently owe any government grant money.
