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There are quite a few benefits direct lender loans. One could have control over the approval rates if they were to go straight to a direct lender instead of a secondary one.

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12y ago

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Are all consildated federal loans considered direct loan consolidations?

No. The vast majority are FFELP. If your lender is anyone other then DIRECT LOANS you do not have a Direct Loan.


Are direct loans a smart choice?

A direct loan is a student loan that is made to the student directly by the federal government. There is no secondary lender in the middle of the transaction. A direct loan is not a consolidation loan, neither for student loans or for people who have general debt. Direct loans are made to those who are determined eligible based on need, which is determined by FAFSA (www.fafsa.ed.gov). Keep in mind that student loans, once consolidated, are no longer "student loans" and as such are no longer eligible for any of the benefits of a student loan.


Are you looking for no credit check loans offered by a direct lender?

If your answer is ‘yes’, you are at the right destination i.e. LondonLoansBank. There is no need for you to reveal your credit scores as the lender will only run a soft check. No credit check loans offered by this direct lender demand no information related to the past status of your credit scores. Your affordability is your trump card here.


Where can someone find information about tenant loans?

One can find information about tenant loans at Direct Online Loans. This website gives good advice on how to search and compare lender for a tenant loans and information regarding credit reports.


Can you consolidate Private student loans into federal student loans?

no. you will have to consolidate separately. with a federal lender then a private lender.


What are the benefits of switching home loans?

Switching home loans can offer benefits such as lower interest rates, reduced monthly payments, potential savings on overall interest costs, improved loan terms, and the opportunity to access additional features or benefits offered by a new lender.


What are the benefits to a welcome finance?

There are a lot of benefits to a welcome finance.First,you have that you can get personal and direct loans deposited straight to you,then you have your career and employment benefits when you have welcome finance.


What will be the benefits of the lender in reverse mortgage?

The lender earns interest on the mortgage over time. While there are no payments, the interest does accrue. As a result the lender is fully aware the interest earnings will be received years later, however the loans typically never default because there are no payments, and they are insured by FHA so they are relatively low risk loans.


How do secured home improvement loans differ from other loans?

Home secured loans have a higher maximum term than other loans. Lower interest rates, flexibility, lower payments and more lender options are benefits of a secured home improvement loan.


What is a federal direct loans?

"They are loans from the U.S government commonly used for education loans. They are normally available in 2 types, Perkins (low income, many benefits) and Stafford (standard, unsubsized)."


What is Quicken Loans Mortgagee Clause?

The Quicken Loans Mortgagee Clause is a provision in a mortgage contract that designates Quicken Loans as the lender and outlines their rights in the event of a claim related to the property, such as insurance payouts for damages. This clause ensures that any insurance benefits go directly to the lender to cover the outstanding mortgage balance. It protects the lender's financial interest in the property while also ensuring that the homeowner maintains adequate insurance coverage.


How secure are payday loans direct?

When comparing pay day loans direct to a local pay day lender you are getting about equal results. However keep in mind that most pay day loan places will charge a very large interest rate and extra fees.