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Certain types of student loans, such as federal loans, may qualify for forgiveness under specific programs like Public Service Loan Forgiveness or Income-Driven Repayment plans.

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AnswerBot

5mo ago

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Related Questions

Do Navient loans qualify for forgiveness?

Yes, Navient loans may qualify for forgiveness through programs such as Public Service Loan Forgiveness (PSLF) or income-driven repayment plans.


What are some common questions about student loan forgiveness?

Common questions about student loan forgiveness include: "How do I qualify for loan forgiveness?", "What types of loans are eligible for forgiveness?", "What are the requirements for Public Service Loan Forgiveness?", and "How do I apply for loan forgiveness?"


How do I know if I qualify for any factoring loans?

The quickest way to see if you qualify for these types of loans is to check with the company offering the loans. They should be able to tell you on the spot.


What types of loans require a cosigner?

Some types of loans that may require a cosigner include student loans, personal loans, and auto loans. A cosigner is typically needed when the primary borrower does not have a strong credit history or income to qualify for the loan on their own.


Which loans are eligible for student loan forgiveness?

Federal student loans are typically eligible for student loan forgiveness programs, such as Public Service Loan Forgiveness and Teacher Loan Forgiveness. Private student loans are generally not eligible for these forgiveness programs.


What student loans are not eligible for forgiveness?

Private student loans are not eligible for forgiveness programs offered by the government.


How can I determine if I qualify for student loan forgiveness?

To determine if you qualify for student loan forgiveness, you should review the specific requirements of the forgiveness program you are interested in. These programs typically have criteria related to the type of loans you have, your repayment plan, your job or profession, and your payment history. It's important to carefully read the eligibility criteria and consider seeking guidance from a financial aid advisor.


What type of mortgage loans does Countrywide Home Loans offer?

Countrywide Home Loans was bought by the Bank of America in 2008. The company offered a range of mortgage loans including Pay Option and sub-prime mortgages, which now qualify for some loan forgiveness from Bank of America.


What is the definition of a yes loan?

Yes Loans is the UK's biggest loans broker. They offer loans to individuals who may not qualify for standard loans. Loan types include unsecured loans, tenant loans, bad credit loans and loans to pay off debt.


What types of people usually qualify for a low documentation loan?

Low documentation loans are for people who can't get a regular loan. People who qualify for low documentation loans include people who are self-employed or unemployed, or have recently immigrated to the United States.


How can one get loan forgiveness for student loans?

One can get a loan forgiveness for a student loans by visiting an employment center where they will help one pay of their loans or pay the entire amount them selves.


What types of student loans are there?

There are many different types of student loans. Almost anyone can qualify. Most universities have loans through them, in which case you should check with the school's financial aid office. These loans are great because you do not pay for them until you graduate. Some banks will also offer loans for students.