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Are they a statute of limitation on student loans in South Carolina?

Student loans are a Federal guaranteed loan. There is no statute of limitations for them.


Can a loan company come and get your property even if your not the one who took out the loan?

If you are talking about Federal guaranteed student loans, then the answer is no. Federal collection agencies do not repossess property.


How much of your paycheck can be garnished for a federal student loan in Texas?

The Federal guideline is 15-25% of your paycheck.


What are the Texas garnishment laws?

If it's a federally-guaranteed student loan, they can do administrative wage garnishment in ANY state.


How do you know if you have a federal student loan?

You can know if you have a federal student loan by checking your loan documents or contacting your loan servicer. Federal student loans are issued by the government and typically have terms and conditions set by federal regulations.


What is the best federal student loan program?

There are many federal student loan programs to choose from. They include Federal Perkins Loan, Federal Direct Subsidized Loan, Federal Student PLUS Loan, etc. When it comes to deciding which is the best, it depends on one's circumstances.


Can you file bankruptcy for your student loans and keep your house out of it?

If the student loan is a federal loan and not a private loan then the answer is no. Federal student loans can not be included in bankruptcy, you will always be responsible for repayment of FEDERAL student loans.


How do I know if I have a federal student loan?

You can check if you have a federal student loan by logging into the National Student Loan Data System (NSLDS) website using your FSA ID. This site will show all federal student loans you have borrowed.


How do I know if my student loan is federal?

You can find out if your student loan is federal by checking the National Student Loan Data System (NSLDS) website or contacting your loan servicer. Federal student loans are issued by the government, while private student loans are issued by banks or other financial institutions.


What is a unsubsidized federal loan?

It is a Federally Guaranteed student loan that accrues interest from the day you receive it until the day you pay it off, even during deferment periods. A Federal Stafford Subsidized loan does not accrue interest during deferment periods, including while in school.


Can you get a federal student Stafford loan if one of your parents has a student loan that is in default?

Yes.


What is a Federal Unsubsidized Stafford Loan?

It is a Federally Guaranteed student loan that accrues interest from the day you receive it until the day you pay it off, even during deferment periods. A Federal Stafford Subsidized loan does not accrue interest during deferment periods, including while in school.