Archive for December, 2008
How to get rid of student loans before they really start accumulating?
Wednesday, December 31st, 2008thxbai asked: I am a college sophomore attending a state school but even so I have already accumulated thousands in student loan debt. I worked 60+ hours a week last summer and that money won’t even last to cover half this year’s rent and utilities! I am trying to cut back spending but really all […]
The Consequences of a Default Student Loan
Tuesday, December 30th, 2008Groshan Fabiola asked: Sometimes when people take out a fast student loan to pay for their college education, they end up getting caught in a slow and painful process when they can’t pay back their student loans. When a person simply stops paying, it is known as a default student loan. When people have a […]
Federal Student Loan Consolidation Facts and Information You Can’t Miss
Friday, December 26th, 2008Emanuele Allenti asked: Federal Student Loans are easier to pay and brings less long term hassle and panic if these debts are converted into Federal Student Loan Consolidation. Consolidating your loan means that all the different types of student loans you acquired will be combined in one loan. Doing so has many advantages. Since federal […]
Student Loans Come in a Variety of Types and Payment Schedules
Wednesday, December 24th, 2008Samantha Ellis asked: There are a number of different types of student loans. They are all created to help students and parents discover the right choice for their respective situation. The overall cost of both private and public colleges are steadily increasing and students need to find the means for funding their education. Deciding which […]
How can a student with several loans get approved for a home loan?
Saturday, December 20th, 2008Anna H asked: I am currently a student with several student loans out in my name. I have a good credit score but am only able to work part time due to school. I make enough money to cover monthly rent with my boyfriend. We want to get into a house but I fear my […]
Is interest paid on student loans tax deductible?
Thursday, December 11th, 2008sigcyril asked: I have about $120K in student loans right now that I am paying off. I paid about $7500 in interest in 2006 on those loans. My loan provider sends me a form stating this for tax purposes. Is it tax deductible?Joanne
Share and Enjoy:
These icons link to social bookmarking sites where readers can share […]
Alternative Student Loans - For When Funding Is Difficult
Wednesday, December 10th, 2008Martin Haworth asked: Such loans can fill a funding “gap.” Often such a “gap” is created when a student is awarded a Stafford or Perkins loan, and then realizes that the amount in the loan does not fully cover all of the student’s expenses.The Lenders of Alternative Student LoansMost lenders have put their loan applications […]
Can delinquient student loans be consolidated with credit consolidators?
Wednesday, December 10th, 2008Violet asked: Or anything of the sort. I’m trying to pay off old student loans but there are a lot of them. How can I make it easier to make just one monthly payment? Thanks.Donald
Share and Enjoy:
These icons link to social bookmarking sites where readers can share and discover new web pages.
College Student Loans - Key Facts To Know
Tuesday, December 2nd, 2008Martin Haworth asked: The source of funds for a college loan does not alter the expectations of the student who is awarded that loan. Every lender of a college student loan has certain obligations.Every lender of such a loan needs to supply the borrower with certain information. For example, anyone who receives one of the […]
