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What happens depends on the country in which the student received the loan. In Canada, a Revision of Terms can be done if a student in unable to pay back the loan with the current conditions. One should contact the company or agency that loaned them the money to talk about what can be done.
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How can I have my student loan forgiven?
One can have a student loan forgiven if one has no money at all to pay or if one joins a program called student loan which basically pays every penny of ones loan.
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.
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.
Will the IRS take YOUR tax refund due to delinquent home loan?
No. The IRS doesn't take your tax refund unless you owe the government money, government insured student loan arrears or child support arrears. It does not collect money on behalf of banks. However, if you deposit your check in your bank account it can be frozen by a creditor and the funds taken.
Can you help me i am in arrears with my car please give me a loan?
Hi i m in arrears with my car for R11000 maybe u can help me
Do you have to pay back my student loan if a forget to defer it and now in arrears?
dude...I'M not paying back YOUR student loan...cheapskate.
Will paying of a student loan improve credit score?
Yes. But if you were in arrears, that still shows.
Can you get a student loan if one of your parents is in default on their student loan?
Yes.
How can I have my student loan forgiven?
One can have a student loan forgiven if one has no money at all to pay or if one joins a program called student loan which basically pays every penny of ones loan.
Can you get a federal student Stafford loan if one of your parents has a student loan that is in default?
Yes.
Can an employer co-sign for a student loan?
Yes, an employer can cosign for a student loan. Any one can cosign for a student loan if they meet the requirements.
Where can one go to get help with student loan debt relief?
To get student loan relief an individual should research information on the Student Loan Forgiveness Act.
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.
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.
How might one make a student loan application in Canada?
A student in Canada would need to apply through a student loan company. There are some available out there willing to help any student with their student loan applications.
Will the IRS take YOUR tax refund due to delinquent home loan?
No. The IRS doesn't take your tax refund unless you owe the government money, government insured student loan arrears or child support arrears. It does not collect money on behalf of banks. However, if you deposit your check in your bank account it can be frozen by a creditor and the funds taken.
Can a cosigner have a car repossessed if the loan has been in arrears?
yes
