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They are sold to another bank in the liquidation of assets.

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16y ago

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What company provides direct student loans?

There are only a few companies that provide direct student loans. You can go to a bank and get student loans from there, or you can get Federal Loans from your school.


Do you still have to pay back student loans if the school is no longer in business?

Possibly - it depends on the terms of your student loans. If you took out a private student loan through a bank, you will probably need to pay back the loan. If you took federal student loans, depending on when and why the school closed, you may not need to pay the loans back. You should check with the institution that you have been sending your student loan payments to.


What is the purpose of student bank accounts?

The purpose of student bank accounts are to receive money easily and efficiently from scholarships, grants, and loans. Also, in the future you can pay back loans easily with a student bank account.


What types of loans does Commercial Mortgage Bank offer?

Commercial Mortgage bank offers a variety of loans through their bank that includes home loans, student loans as well as business loans to their customers.


What type of loans does chase bank offer?

The Chase Bank offer a variety of loan types to customers. One can get home finance loans from them as well as auto loans and student loans. Loans can be applied for online.


How does one qualify for a Bank of America student loan?

Currently, Bank of America no longer offers federal student loans.


What are some banks that offer private student loans?

In the United States most national banks will offer private student loans. In Canada most federal banks like The Royal Bank of Canada and The Bank of Montreal also offer private student loans.


Which banks offer Student Bank Loans?

Student loans help students pay for their educations all around the world. One can get a student bank loan from various banks like U.S. Bank and Nedbank. Both banks also offer all kinds of student banking products.


What happens to a person who does not repay student loans?

Federal student loans have no statute of limitation, meaning they can collect forever. The can garnish your wages without taking you to court, take your tax refund, and sue you in court for property and bank accounts. Student loans are also almost impossible to discharge in bankruptcy. There are people now who did not repay their student loans from the 1970s who are having their social security garnished. Not paying is a very bad idea.


Privately owned comapnies generally offer better stufdent loans than the federal government?

In the USA, all Federally Guaranteed student loans have the same interest rate and same benefits. It does not matter if you get the loans from a private bank or directly from the government. Private student loans differ in interest rate and benefits for each bank. Federal Student loans have lower interest rates and better benefits than private student loans.


where can I get a private student loan?

Private student loans are credit-based, non-federal student loans that can help you cover any school expenses you have remaining when scholarships, grants, and federal student loans arenat enough.


Who is eligible for Astrive student loans?

Astrive Student Loans are private loans provided by Union Federal Savings Bank. Currently no one is eligible because it is not accepting new applications.