Student Loan FAQ’s

How can I defer student loans while in the military?

John Agnew from Florida asked: I’m about join the NAVY and I want to defer my student loans until I’m finished with A schooling. I have Federal as well as State backed student loans. Who would be the best person to contact about this?

Student Loan Advice: Hi John. First off, thank you for your service to our Country! Sounds like you’re a stand up young man. Now, those student loans of yours.

What is the best way to pay off both student loans and private student loans?

Kenny N. from Arkansas asked: I used a mixture of Federal and Private Student Loans during college. My grace period ends in about a month. Is there a better way of paying my student loans off rather than paying each separately? There are I believe 3 stafford federal loans and 2 private student loans. Is there some form of consolidation I can do? It’s a real pain to be making 5 student loan payments every month. I’d rather just make one large payment.

What are the best companies to get private student loans from?

Brenda R. From Alaska asked: I am in the process of looking for a private student loan to cover my tuition and living expenses during college. I was told that an Astrive Student Loan is a good company to use. Are there any other good companies where a person with bad credit can get a loan? I really need some private student loan advice on this matter.

Can I consolidate my student loans if they’ve been taken over by a creditor?

Robert J asks: I have two student loans for about 3000 dollars each. I have been unemployed for several years taking care of my kid and haven’t make any payments on the loans. Now a creditor has taken my student loans over. I now owe 9,000 thanks to fees, penalties and interest. Is there any student loan companies that will take them over and I can make payments to them at a low interest rate? Now that I’m working, I’d like to start making payments on my student loans.

Can They Garnish My Income Tax or Wages If I Have Deferred Student Loans?

Rita Long asks: I have student loans in default. I have made arangements to pay my deferred student loans and I have been paying them on time for the last several months. I would like to know can they still garnish my income tax or wages although I am paying on the loans?