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Does an alternative student loan lender know if parents have applied for the PLUS loan or not?
Wiki User
∙ 10y ago
If the question is asked an you do not answer it truthfully when applying for a lone the you are probably committing fraud. You can be sure that lenders will soon find out and if you are not truthful you may never get another loan and a bad credit rating.
Wiki User
∙ 10y ago
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Can you consolidate Private student loans into federal student loans?
no. you will have to consolidate separately. with a federal lender then a private lender.
What is a direct student loan and how would you apply for one?
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.
Where can one get a refinancing student loan?
There are three ways one can get a refinancing student loan. These places include a student's current lender, a local bank, and the U.S. Department of Education's Direct Loan Program.
How can one get a consolidation student loan?
"There are several ways one can get a consolidation loan. In the United States, there is a Federal student loan consolidation program that allows students to consolidate Stafford loans, PLUS loans, and Federal Perkins Loans into a single debt. One can also attain a consolidation loan through a private lender. However, the terms vary from lender to lender such as forbearances and deferments."
How to release the co borrower from responsibility from the loan?
The lender is the only one that can release a borrower. If a lender is going to release 1 borrower from the loan they will need to have a good reason. There is little incentive for the lender to do so. A practical alternative for most people is to refinance the property in the name of the person who is going to remain the owner and the borrower.
Can you defer alternative student loan payment if you go into the peace corp?
Only if it's part of the terms of your alternative student loan. Read the loan agreement or ask your lender. There is no law that requires the lender of a private/alternative student loan to offer you that option, and alternative student loans in general have none or very limited deferments other then in-school.
Can you consolidate Private student loans into federal student loans?
no. you will have to consolidate separately. with a federal lender then a private lender.
How can you consolidate your student loans when your lender refuses?
When you have asked your lender to consolidate your student loans and they refuse, you can look for a company that will work as a liasion between you and a prospective new lender. Due to investors not investing in student loans the majority of lenders have stopped consolidating federal loans. Student Loan Gal at www.defaultms.com
How much is the average student loan?
Student loan varies from lender to lender, but on an average it is around 1300 Euro. I took a student loan for my college studies from http://wwwcash.co.ukyou can calculate the loan amount and interest rates there.
Who is responsible for student loan debt after your death?
The student's estate is responsible for paying their debt unless there was a co-signer. If there is no estate the lender is out of luck. If there was a co-signer the lender will seek payment from that party.
How do you find out how much you owe on a garinshed student loan?
Ask the lender.
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.
What is a direct student loan and how would you apply for one?
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.
Can your mom cosign a student loan for you and your brother?
I don't know, can she? Only the lender can answer that question.
Can you get a student loan without applying for fasfa?
If the lender is not interested in student need then a FAFSA can be avoided. If it is a federal loan or grant it can't be avoided.
Can a spouse with good credit cosign a student loan for their spouse with bad credit?
That is decided by the LENDER.
Where can one get a refinancing student loan?
There are three ways one can get a refinancing student loan. These places include a student's current lender, a local bank, and the U.S. Department of Education's Direct Loan Program.
