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Does a loan from a family member affect my Employment Insurance in Ontario

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12y ago

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What are the differences between a Federal Perkins Loan and a Direct Subsidized Loan?

The main difference between a Federal Perkins Loan and a Direct Subsidized Loan is the entity that provides the loan. The Federal Perkins Loan is offered by the school itself, while the Direct Subsidized Loan is provided by the federal government. Additionally, the interest on a Direct Subsidized Loan is paid by the government while the borrower is in school, whereas interest on a Perkins Loan begins accruing immediately.


Is there any way to get your name off of a loan if you cosigned for a car loan while you were married and then you got divorced?

The loan has to be "secured" by someone with good credit. Call the lender for their loan qualifications.


Which loan type requires you to make loan payments while you are attending school?

The loan type that requires you to make payments while attending school is typically a private student loan. Unlike federal student loans, which often offer deferment options while enrolled, private loans may not provide the same flexibility and can require immediate repayment or interest payments while you are still in school. It’s important to review the specific terms of the loan before borrowing.


Where can I get a personal loan while waiting for a lawsuit settlement?

Consider taking out a lawsuit settlement loan instead of a personal loan. Visit www.lawsuitsettlementcases.co.cc for more details!


Is the Perkins Loan subsidized or unsubsidized?

The Perkins Loan is a subsidized loan, meaning the government pays the interest while the borrower is in school and during deferment periods.