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Student College Loans Are Available For Your Education Regardless Of Your Income

admin — Sat, 05 Dec 2009 04:24:26 +0000

With the high cost of going to college today, student college loans are available to help parents and students get through this financially challenging time.

When you are ready to start college, the first thing you must do is figure out how to pay the expense of your higher education. There are many options available to you to help pay for your college education regardless of your financial situation. It is better to start searching for money for college as soon as possible as some scholarships and loans are handed out on a first-come, first-served basis.

Cash does not come easy and unexpected expenses could occur while you are still in school. If you are in college and in need of funding to continue your education, there are sources where you can obtain additional financial help.

Also, if you are just starting college or you are still in school, you can also apply for a student debt consolidation loan and combine one or more current eligible loans into a single new loan at a low rate with no additional fees.

If you have completed your education and your monthly student loan payments are too much of a strain on your budget, you can apply for a student consolidation loan to lower your monthly payments. Combining all your student loans could cut your monthly payment up to 50% and possibly at a lower interest rate.

Whatever your financial situation is, never stop searching for a better funding source and always try to negotiate the best possible deal to save as much money as possible.

Is there any way I can get a private college loan with mediocre credit and no co-signer?

admin — Fri, 13 Aug 2010 15:23:28 +0000

Best answer:

Answer by LIboga
yeah by getting a life ahhaha!

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Q&A: Where can I apply for a private loan for college?

admin — Fri, 13 Aug 2010 09:20:51 +0000

I owe debt to the college and cannot afford to pay it off at one moment. My college only provides a lift for one time and I used it to get another semeter under my belt. I need one more semester which will complete my senior year. As a single parent of three kids I NEED this degree, but I have less than perfect credit so I canot apply at banks b/c most have already said no. The university will not budge! At the rate I do send send money I can make back to college in a couple of years. I work full time and part time job and every dime I have goes to the kids, bills and housing. Where can I get some money quickly.

Best answer:

Answer by ShowTime
Try PROSPER.COM

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Q&A: Community college private loan w/o cosigner?

admin — Thu, 12 Aug 2010 20:14:46 +0000

I’m in really big trouble. I’m going to community college and don’t have the money for it, and I missed the FAFSA deadline so I can’t get government financial aid. I need a private loan ASAP but can’t find one because I’m in a community college and have no one to cosign for me. Any suggestions at all welcome, please help!

Best answer:

Answer by Found-1
The deadline for federal aid for this summer isn’t until June 30, 2008 so you still have time to apply if you just started this summer. If you are talking about starting in the FALL that federal deadline isn’t until June 30th 2009. Yes, I said 2009!!

You likely just missed a state or your schools priority deadline. Meaning you may not get priority for those who applied ahead of you, but you will STILL get financial aid… just maybe a few weeks AFTER the school has started.

Don’t resort to private loans just because of this… see if your school offers a payment plan and do that instead. Or do your fafsa TODAY and talk with them about speeding up your paperwork. When your fin aid comes in, your school should pay off your debts.

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Can someone direct me to a private loan lendor for college?

admin — Thu, 12 Aug 2010 17:11:08 +0000

I am moving to North Carolina soon and I will be attending college on full-time. I will be living off campus so I had to factor in living expenses. I am hoping someone knows of a private lender that would work for my situation?

I am looking for a fixed rate loan but need around $ 20,000 for tuition and everything else.

So if you have any personal experience and advice, I would greatly appreciate it!

Best answer:

Answer by canes77
I am receiving my private loan for about that much through Wachovia. You can apply online. There are restrictions on how much you can borrow based on the school’s cost of attendance which differs for undergard and grad school. You get that from the financial aid office at the school. The financial aid office should also have a list of possible lenders.

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If you default on student loans, is it legal for the government to immediately add on 43% collection costs?

admin — Thu, 12 Aug 2010 08:11:51 +0000

I borrowed $ 55K (colege & grad school), ending in 1994. I couldn’t get a job, got sick, and was homeless. The bank declared my loans in default, even tho they did not meet all the criteria for default. I finally got a full-time permanent job in 1996, but then lost it in 1997, was a temp for 2 years, and have been paying almost $ 1,000/mo. since 1999. But somehow, the government says that I owe more than $ 198,000 (yes! one hundred ninety-eigh thousand!) and in fact, the interest is more than my payments so the balance is actualy growing. All lawyers tell me that unless you are disabled or mentally ill, you cannot discharge student loans in bankruptcy as long as you can pay SOMETHING–it makes no difference under the law that you will never be able to pay off the loan before you die, or that it is an extreme hardship to have this hanging over your head for the rest of your life. Lawyers tell me that it must be an “undue hardship” which is impossible to meet unless it makes you homeless.

Best answer:

Answer by mlabaun
Yes it is possible. They are going to tell you that you should have contacted them to be placed on a forberance so you don’t have to pay when you lost your job. It is really hard to get a loan marked as bankruptsy but I have seen it happen in the past but if you talk to the lenders you might find some way to get some of the interest wiped out or some of the collection costs.

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Q&A: If my husband goes into default on student loans can they take the $ out of my bank?

admin — Thu, 12 Aug 2010 00:11:37 +0000

My husband will graduate in a few years with massive student loans and is unsure if he can get a job that will pay enough to afford the minimum payments on all his student loans. If he goes into default, I’ve heard they can take money out of his bank account. Can they also take money out of an account that’s in only my name?

Best answer:

Answer by TyTy1229
Yes and they can garnish his pay check don’t play with the government. It happen to my cousin. They can also, take any income tax return. Tell him to request a hardship, this will help defer some payments, also if you get behind on your car payments you can do the same thing. They can put your payments on the back of the loan. This will just delay ownership two months. You can do that every year if you want. Look into it. Tell them someone lost their job.

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We just filed for bankruptcy 1 yr. ago, Will we be able to find a private loan for our child’s college Tuition?

admin — Wed, 11 Aug 2010 19:13:26 +0000

Can you provide me with private lenders that will allow you to obtain a college loan even though you have filed bankruptcy? We filed for bankruotcy one year ago and our child will be attending college this fall. Will there be help for us to fund her college? And if so, who are some lenders that may be able to help?

Best answer:

Answer by Cutieputootie
You don’t want a private lender. You want government help. Go to www.fafsa.ed.gov, and fill out the free application for federal student aid. They do not look at your debt-to-income or the fact that you filed bancruptcy will not be takin into consideration. A private lender however, will look at those things.

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Q&A: Is is possible to get out of default on student loans?

admin — Wed, 11 Aug 2010 18:12:03 +0000

My student loans went into default 6 years ago as I was trying to take care of my dying husband. Is it possible to work my way out of default? I would like to go back to school, but can’t without getting financial aid.
I went into default 6 years ago after taking care of a sick husband. I do not want to get out of paying them, I need to know if I can arrange something to take the status of default off.

Best answer:

Answer by sugarbdp1
You’ll have 2 call & talk with someone my husband 20yrs later is still paying them no way out of this one sorry.Good Luck

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Private college loan info:How and where can I go to apply for a loan?

admin — Tue, 10 Aug 2010 19:16:35 +0000

with a school thats not affiliated with fafsa is there help for me I need to know where to go

Best answer:

Answer by akinamat
Do you mean the school you are attending or plan to attend is not accredited? Why don’t you apply for scholarships in stead of loans. If you are interested, I can email a compiled list of scholarships, which many of them I have received and continue to apply for. Let me know!

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