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What else can I help you with?
Is there any help available for a co signer when the student defaults on a school loan?
No. You are responsible for the debt if the primary holder is not paying their debt.
If my husband dies and leaves credit card debt and our childrens parent plus loan debt am I responsible for assuming the debt in PA?
not if you have death insurance on the loan and credit cards
Student loan debt for a college graduate?
Is this a question? Are you asking the average amount? Some but not all have student loan debt after graduation.
Is student loan debt consolidation something that will save money in the long run?
Student loan debt consolidation is a way to consolidate student loan debt to the point that money is put in a synthetic grace period to prevent interest.
What are the options available for managing student loan debt as a changed student loan borrower?
Options for managing student loan debt as a changed student loan borrower include income-driven repayment plans, loan consolidation, loan forgiveness programs, and refinancing with a private lender.
Can you use your Stafford student loan to pay off debt?
No, you cannot use a Stafford student loan to pay off personal debt. The only debt that should be paid off with an educational Stafford loan is your college debt.
What is the average debt of a student loan?
Not sure of average individual student loan, but the average student with student loans has $28,000.
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.
Can you cosign if you are getting unemployment checks?
If you are unemployed you are in no position to co sign a student loan. By co signing you guarantee that the loan will be paid. If the primary borrower stops paying you will be held responsible for paying the balance of the loan- in full. The default rate on student loans is high and the debt grows rapidly. The lender may or may not allow you to take on that huge risk.If you are unemployed you are in no position to co sign a student loan. By co signing you guarantee that the loan will be paid. If the primary borrower stops paying you will be held responsible for paying the balance of the loan- in full. The default rate on student loans is high and the debt grows rapidly. The lender may or may not allow you to take on that huge risk.If you are unemployed you are in no position to co sign a student loan. By co signing you guarantee that the loan will be paid. If the primary borrower stops paying you will be held responsible for paying the balance of the loan- in full. The default rate on student loans is high and the debt grows rapidly. The lender may or may not allow you to take on that huge risk.If you are unemployed you are in no position to co sign a student loan. By co signing you guarantee that the loan will be paid. If the primary borrower stops paying you will be held responsible for paying the balance of the loan- in full. The default rate on student loans is high and the debt grows rapidly. The lender may or may not allow you to take on that huge risk.
Are spouses liable to repay student loan debt?
The only people liable for a debt are the ones who agreed to pay it, the original signers of the loan documents. Of course in the event of a death there could be a claim filed against the estate.
Can you get a mortgage if you have co-signed a loan?
The lender will view the loan you co-signed as your debt since you are fully responsible for paying that loan if the primary borrower defaults.The lender will view the loan you co-signed as your debt since you are fully responsible for paying that loan if the primary borrower defaults.The lender will view the loan you co-signed as your debt since you are fully responsible for paying that loan if the primary borrower defaults.The lender will view the loan you co-signed as your debt since you are fully responsible for paying that loan if the primary borrower defaults.
After a death of a spouse in the state of NC does a unsecured loan have to be paid back?
The money is still a valid debt. The estate would have to pay the loan back. The loan may also have a co-signer that is still responsible for the debt. Consult an attorney to protect your rights.
