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Q: Explain how loan supports and deficiency payments work?
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What are the two programs that have historically been used to stabilize farm incomes?

The loan support program and deficiency payments.


Can I aply for loan payments?

How can I aply for loan payments?


Can you get a home loan with a credit score of 768 and bankruptcy that is 7 years old?

With this high credit score you can get a mortgage a lot earlier, if the purchase price of the property supports the appraisal or vice versa and your income supports the future payments.


Where can one find information on direct loan payments?

One can find information about direct loan payments on various websites like Direct and StudentAid. Both websites offer a great amount of information about all kinds of loan payments, including about direct loan payments.


What does a loan amortization do?

A loan amortization is a specific type of loan in which payments are made on timely schedules. These loans require payments of interest and princple. These type of loans are typically fixed and do not have outrageous payments at the end. The only information need or required are the amounts of the payments, This is usually set up by the loan broker.


If you cannot make payments on your loan what can i do?

If you cannot make the payments on your loan, you can request a deferment or call the Direct Loan Servicer and have all of your repayment options explained to you.


Do auto loan calculators accurately predict auto loan payments?

Auto loan calculators are not reliable. Although they can sometimes predict auto loan payments correctly, they are often inaccurate and can cause issues.


What is a college loan?

A college loan is a loan that has payments deferred to six months after graduation. This allows students the chance to look for a job before having to mail payments to the lendor.


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Putting off payments until the end of a loan or to be paid over the course of the remainder of the loan. This will not effect the balance of the loan but there may be fees for not paying on time.


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Typically, students receive funds from a Direct Stafford Loan in _____ payments.


If you have a car loan included in a bankruptcy do you have to continue making payments?

If the vehicle is protected by the state or federal bankruptcy exemption, you can try to reaffirm the loan agreement with the lender. If that's not possible you will be required to surrender the vehicle and will be probably be held responsible for any deficiency and applicable fees after the car is resold.


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No, you cannot transfer the loan until you bring the loan payments to current.