0
Add your answer:
Earn +20 pts
How does the federal funds rate influence student loans?
In the US, the interest rate on Federally Guaranteed student loans is variable. The rate changes on July 1 of each year. The interest rate is calculated with a formula and uses the 91-day T-Bill rate on the last auction date of May.
Are student loans good for building credit?
They can be if you go to the right school. But if you don't pay if you will have the bill coletter on your butt. Also if you don't pay there would then be no credit
What services does Chase Bank provide online?
One will find that the Chase Bank provides many services online including: online bill payment, credit cards, mortgages, commercial banking, auto loans, investment and retirement planning, checking, and student and business loans.
What types of loans does MBNA offer?
MBNA / Maryland Bank offers loans for vehicles, home equity, education, bill consolidation and home improvement. They specialize in personal loans for individuals but also have small business loans.
Will bill consolidation hurt your credit score?
If you are not able to pay your many student loans, your credit score will be hurt. If you consolidate, you have a better chance of having a lower monthly payment that you can handle. A lower score that you will be able to pay, which in turn will only help your credit score.
Are student loans due precisely at end of grace period or do you receive your first bill then?
You will get your first bill after the 6 month grace period.
Can you apply for a student loan if you receive the gi bill for college?
Yes, you can. But before you get student loans, talk to your financial aid office at school to obtain all of the federal grants (no payback!) that you may be eligible for. That way, you won't be borrowing too much. Student loans seem great when you're a student ... but become a very heavy financial responsibility once you are finished with school. Always use as many grants, scholarships, AND your GI Bill funds before you use student loans as a last resort.
What type of service does University Accounting Services provide?
University Accounting Services provides management services for student loans. Universities hire them to help administrate and bill campus based student loans. They help students understand the terms of their loans and help make payment as easy as possible.
Are student loans due precisely at 6 months or will you be billed starting then?
You will get your first bill after the 6 month grace period.
Is student loan consolidation the same as refinancing student loans?
YES! It is the same, i say this because the appeal of doing either one of those are going to be the same "paying your student loan." Refinancing student loans will take advantage of a better interest rate and consolidating your loans 'lumps' all of them into one. Instead of having several loans with different bills, in consolidation you only have one bill. When you consolidate student loan you are refinancing it but you can refinance without consolidating.
Can the GI Bill money be garnished for child support?
If your Federally Guaranteed student loans go into default status, you could lose your GI bill benefits altogether. Once student loans are in default, you are inelligible for any other type of government help. You should consolidate your student loans and prevent any of this from happening. You can get an income-based repayment plan and pay as little as $0 a month, depending on your income and dependants. If you want help with the consolidation of your student loans, click on the link below.
Where can you get the help about a twenty year default student loan?
In 2007, there were news reports concerning legislation to cancel old student loans. The bill was HR 2669. The reports and the actual wording of the bill do not match. The bill describes cancellation after 25 years of payments and wasn't slated to become active until 2009.
How does the federal funds rate influence student loans?
In the US, the interest rate on Federally Guaranteed student loans is variable. The rate changes on July 1 of each year. The interest rate is calculated with a formula and uses the 91-day T-Bill rate on the last auction date of May.
Are student loans good for building credit?
They can be if you go to the right school. But if you don't pay if you will have the bill coletter on your butt. Also if you don't pay there would then be no credit
What act of congress enabled all Verterans to receive education home loans and other benefits for participating in World War 2?
G.I. BillG.I. BillG.I. Bill
What exactly is a emergency cash loan?
Emergency cash loans are designed to help you receive cash quickly in the case of an emergency, such as urgent repairs to your car or an unexpected medical bill.
Student Loan Consolidation?
form_title=Student Loan Consolidation form_header=Combine your student loans into one and lower your payments. Have you ever consolidated your loans before?*= () Yes () No What is your current monthly payment?*= _Enter dollar amount[50] Are you currently employed?*= () Yes () No Are you currently enrolled in school?*= () Yes () No
