What Loan company will take over my federal student loans when the loans are in default?
Lem C asks:
What Loan company will take over my federal student loans when the loans are in default? My loans are government loans from Saillie Mae. I owe them under $5000. I heard about this company that will take over your school loans from them but I don’t know the name of the company. I am at the point where I can’t get a federal student loan until I pay this off. I really need some student loan advice!
Categories: financial aid, Student Loan FAQ's Tags: Back To School, Federal Loan, Federal Loans, Federal Student Loan, federal student loans, Government Loans, jobs for students, Loan Company, making money in college, private student loan, Saillie Mae, School Loans, student loan consolidation, What Loan company will take over my federal student loans when the loans are in default, working while in college
How many kinds of federal student loans are there?
Harriet J. asks: How many kinds of federal student loans are there? I know about the Perkins Student Loan, Stafford and Grad PLUS Loans but I’m not sure about others. I also know you can get private student loans from different lenders. Also, I need to know when to apply for the student loans?
Categories: Student Loan FAQ's Tags: additional perkins loan, Credit, Credit Score, Federal Loans, federal student loans, Perkins, Stafford Loans, subsidized student loan, unsubsidized student loan
How do student loans for college work?
Question: How do student loans for college work? Are they different from traditional loans? Are they harder to get than traditional loans? Is there such a thing as a student loan that you wont have to pay until your job starts? Are there better options to student loans?
Answer: Most student loans work like traditional loans. There are a few exceptions, but all in all, student loans have to be paid back, interest and all.
Categories: student loan advice, Student Loan FAQ's Tags: College Work, education finance options, how do student loans for college work, Job, Loans For College, Options, scholarships, student loan, student loan advice, Student Loans
How hard is it to get student loans?
Question:
Do most students get approved for student aid? If so, for how much usually? Do you choose the amount you want to borrow? The reason I ask is because I need to take out a student loan to pay for study abroad this coming summer. I don’t want to take out a private student loan. Are student loans difficult to be approved for?
Categories: financial aid, Student Loan FAQ's Tags: international student loans, Loan Student, Private Loan, Student Loans, student loans for foreign exchange students, student loans to study abroad, study abroad student loans
Can I get a graduate student loan if I have a home foreclosure on my credit report?
Question: I know that you can get federal student subsidized loans and nonsubsidized loans if you have bad credit, but these non-credit based loans only goes up to $20,000. The school I want to go to cost around $70K. Are there any other types of loans out there available to graduate students that have bad credit? My FICO score now is 430 because I have a home foreclosure on my credit report.
Categories: Student Loan FAQ's Tags: Bad Credit, Credit Loans, Credit Report, Credit Score, Fico Score, Grad Students, Graduate Loans, Graduate Student Loans, Home Foreclosure, Types Of Loans, types of loans for students with bad credit




