What are some options for paying (off) school loans?

What are some options for paying (off) school loans?
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1 Answer

Answer :

You could ask your parents to pay for it and then they wouldn’t charge you interest.
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When I compare my school loan statements and my credit card statement and my car loan it appears to me that school loans operate like credit card debt?

Description : When I compare my school loan statements and my credit card statement and my car loan it appears to me that school loans operate like credit card debt?

Last Answer : My loans were like a car payment, if I remember correctly. But have you ever deferred any of your loans or ever had them in forbearance? Depending on the type of loans you have, that would effect the total amount ... to pay them off. Ugh! Can't tell you how glad I am that that's over and done with.

Can you go to jail if you can't pay back loans, such as student loans?

Description : Can you go to jail if you can't pay back loans, such as student loans?

Last Answer : No, you can’t go to jail. You may end up bankrupt, and you may be in debt for a long time. But you won’t go to jail.

Questions about loans and credit?

Description : Questions about loans and credit?

Last Answer : answer:There's more to a credit rating than using credit cards. Your income is very important. They want to see that you know how to handle money. Paying off your bills each month in full is a ... days. Banks are very stingy due to the banking crisis. They may require a down payment of that size.

Will this hurt my credit?

Description : Will this hurt my credit?

Last Answer : I would focus on just the one for awhile, to be safe. Spend wisely and pay off monthly until done. If you're doing well on that loan or pay it off, as far as payments and being on time, ... , he's helped millions of people get a realistic view of credit and debt. Highly recommend you read the book.

Can a private loan company call my friends?

Description : Can a private loan company call my friends?

Last Answer : I don’t think it’s legal. They have nothing to do with your loans. You can check with a attorney though for next course of action.

Is taking out a HELOC a good idea?

Description : Is taking out a HELOC a good idea?

Last Answer : Perhaps you’d tell us what a HELOC is.

Are my estimated closing-costs too high?

Description : Are my estimated closing-costs too high?

Last Answer : This seems very high. I’ve bought 3 homes in my lifetime and refinanced a few times (am in the process of refinancing right now) and I’ve never paid more than 2,500 in closing costs.

Does this mortgage payment sound realistic?

Description : Does this mortgage payment sound realistic?

Last Answer : What’s the amortization? If you’re working with a mortgage broker then you should be able to trust what he says your payments will be as long as your ok with the amortization.

Which available method should I use to pay for this class I'm taking?

Description : Which available method should I use to pay for this class I'm taking?

Last Answer : answer:Girl friend. Absolutely. Cheapest form of money. And you're good for it, right? Of course, you could maybe get a student loan somewhere. There may be grants, as well or other scholarships. If ... . Instead I had to borrow from my father. That was all right, but a girlfriend is even better.

If you have a loan or credit card balance, and you pay over the minimum due, whatever you pay over goes directly to the principal, right?

Description : If you have a loan or credit card balance, and you pay over the minimum due, whatever you pay over goes directly to the principal, right?

Last Answer : answer:The longer you have the debt the more interest you pay as each month more interest is added. If you only pay the minimum you will have the debt for much longer and you will pay more interest. The ... . Even I you pay the loan of early you will stay pay the interest for the full loan period.

Should I payback my student loan?

Description : Should I payback my student loan?

Last Answer : answer:I am always in favor of paying off date. What I would do is save save save save. Continue to pay the $116, and then when you have $20K+ in the bank, pay off the loan (It will be lower by then) and start looking for a house while you continue saving. @johnpowell What are you talking about?

What is the best way to improve my credit?

Description : What is the best way to improve my credit?

Last Answer : answer:1 Not impossible to get, but difficult. You may have to pay TWO months rent ahead along with security deposit. 2. Timely payment is the biggest thing. 3. Do not close an unused credit card, use it on a limited basis. Then pay off ALL of balance each month.

Can I legally cancel a loan contract?

Description : Can I legally cancel a loan contract?

Last Answer : answer:Not really, unless there is a clause, in the contract, that allows this. Read the fine print.

Why am I required to obtain credit?

Description : Why am I required to obtain credit?

Last Answer : It’s all part of the game.

Can someone buy a house in America if they only come here on a visitors visa?

Description : Can someone buy a house in America if they only come here on a visitors visa?

Last Answer : Anyone can buy a house in America, even if they never step foot in this country. Lenders will loan money to anyone they believe will pay it back, so all anyone needs is proof they can repay a loan, or better yet, most foreign investors simply pay in cash.

Where can I get a loan to purchase a business, even though I have bad credit at the moment?

Description : Where can I get a loan to purchase a business, even though I have bad credit at the moment?

Last Answer : Even small businesses with great credit and history of success are finding it hard to get a loan right now. I would be surprised if you can get the loan. And if the seller has any sense, s/he will put ... down payment cannot be borrowed. I hate to be so negative, but that's the facts as I see them.

What does a credit score of 816 actually mean?

Description : What does a credit score of 816 actually mean?

Last Answer : 816 is very high, I think the highest is 850. You should have no problem getting a loan or a credit card or an apartment, or whatever you want. I am shocked that is considered a B rating. Any score ... Or, a credit card you no longer use might have some crazy $35 charge on it you are not aware of.

Help on getting a loan returned from a good friend?

Description : Help on getting a loan returned from a good friend?

Last Answer : Stacy, you know I’m not in the best of times right now, I could really use some money I loaned you a while back. If it doesn’t go as planned, just laugh about it and ask someone else :p

Question about refinancing...

Description : Question about refinancing...

Last Answer : he has no incentive to report you but she may not be able to do the re-fi. You used to have to give all this info years ago, then everything got loose. It’s now tightening back up.

Where should I open Credit card?

Description : Where should I open Credit card?

Last Answer : why do you think you should open one at all? If you already have one, why do you want/need another? If it’s because the Capital One card is maxed out, you do NOT want another. Fix your lifestyle so that you can get out of debt, do not accumulate more!

Is there any way to get out of paying back school loans?

Description : Is there any way to get out of paying back school loans?

Last Answer : No, there is no way to get out of paying back school loans. You can read more at www.soyouwanna.com/site/syws/loans/loans.html

Paying Off Student Loans Can Be Easier With the Right Job?

Description : Paying Off Student Loans Can Be Easier With the Right Job?

Last Answer : Student loans are an important investment in your future, but unfortunately many people feel that paying off high student loan debts requires working long hours for many years at jobs they hate. Consider ... large amount of student loan debt, and should be a part of your job search criteria.

Can people claim bankruptcy to get out of paying student loans back?

Description : Can people claim bankruptcy to get out of paying student loans back?

Last Answer : The short answer is maybe. It will depend on what kind of bankruptcy you claim. New bankruptcy laws make it harder to get rid of the principle loan but will forgive the interest, late payments, and so on. Chapter 7 or 13 or 11? It can get very confusing.

Are there low-paying loans for students to be able to attend an EMT class?

Description : Are there low-paying loans for students to be able to attend an EMT class?

Last Answer : The EMT Course has three components: didactic (120 hours) which includes practical, hands-on skills training, the clinical/field ride-along (10 hours), and final testing (4-8 hours). ... completed starting mid-point through the course if you have completed all of the course medical requirements.

Paying Your FAFSA Loans Online?

Description : Paying Your FAFSA Loans Online?

Last Answer : Many college students wait until they have graduated and found employment before they start to repay their students loans. This waiting is unnecessary. Paying even a small amount each month can significantly ... those payments in full before their credit card interest sets in can save quite a bit.

Suppose you are checking student's answer books, all of a sudden you have finished red refill. You call an student and order him to bring a refill. What would you like to do in such a situation? Options: A) You will give him required money for the purpose B) You will return the money when student show courteous gesture C) You think that students money is teachers own money D) You will feel ashamed when you will be paying for such a small amount

Description : Suppose you are checking student's answer books, all of a sudden you have finished red refill. You call an student and order him to bring a refill. What would you like to do in such a situation? ... is teachers own money D) You will feel ashamed when you will be paying for such a small amount

Last Answer : A) You will give him required money for the purpose 

What are some options for 2nd mortgage loans?

Description : What are some options for 2nd mortgage loans?

Last Answer : There are two major options for 2nd mortgage loans. The first is a Home Equity Loan, which is the traditional second mortgage and involves getting a fixed sum of money. The second option is a Home Equity Line of Credit and instead of a fixed sum of money, you get a credit line with a fixed limit.

What should you consider when thinking about refinance options on car loans?

Description : What should you consider when thinking about refinance options on car loans?

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What are my options if I'm not earning enough to pay back my student loans?

Description : What are my options if I'm not earning enough to pay back my student loans?

Last Answer : There are several options available for loan repayment. Usually they have you make monthly installment payments, or certain loans will let you make payment arrangements if employed using the education you received.

The ratio of deposits to loans of a bank is known as _______ A. NPA coverage Ratio B. Return on asset ratio C. Asset Coverage ratio D. CD Ratio E. Other than those given as options

Description : The ratio of deposits to loans of a bank is known as _______ A. NPA coverage Ratio B. Return on asset ratio C. Asset Coverage ratio D. CD Ratio E. Other than those given as options

Last Answer : E. Other than those given as options Explanation: The loan to deposit ratio is used to calculate a lending institution‘s ability to cover withdrawals made by its customers.

Loans granted by a bank to an exporter popularly known as „Export credit‟ is guaranteed, in case of default,by which of the following A. EXIM Bank B. Ministry of International Trade, GOA C. ECGC D. DICGC E. Other than those given as options

Description : Loans granted by a bank to an exporter popularly known as „Export credit‟ is guaranteed, in case of default,by which of the following A. EXIM Bank B. Ministry of International Trade, GOA C. ECGC D. DICGC E. Other than those given as options

Last Answer : C. ECGC Explanation: ECGC Limited (Formerly Export Credit Guarantee Corporation of India Ltd) is a company wholly owned by the Government of India based in Mumbai, Maharashtra. It provides export credit insurance support to Indian exporters and is controlled by the Ministry of Commerce.

Should I quit my well paying job to go back to school?

Description : Should I quit my well paying job to go back to school?

Last Answer : Do you have a family to support? Will you get student loans to help you pay for rent, food..etc? Why do you need to quit your job to go to school? If it’s your passion and you really want to do it, I say go for it. But, there are a lot of factors to consider.

What good paying jobs are available for people with only high school diplomas?

Description : What good paying jobs are available for people with only high school diplomas?

Last Answer : The best paying jobs if you only have a HS diploma are either tough manual labor jobs like working for the highway dept., or jobs that require a lot of motivation like bartending or waitressing. Working for ... your pay if you don't have a degree. Or start your own business like a lawn service.

What high paying jobs can I get with just a high school diploma?

Description : What high paying jobs can I get with just a high school diploma?

Last Answer : There are not many high paying jobs available for anyone right now especially without a college degree. The highest paid would be in the restaurant business as a waiter or waitress.

Can you give me some financial advice on paying off our house?

Description : Can you give me some financial advice on paying off our house?

Last Answer : answer:Yes, he's right. Any time you're doing something special' (i.e. non-routine) think of all the ways they could screw it up, and plan for that. Meaning: write a separate check for the ... a mortgage or a straight bank loan or what? Don't get a higher interest rate and squander your money,

Why did some southern states disagree with Hamilton's plan for paying off the money that states owed after the Revolutionary War?

Description : Why did some southern states disagree with Hamilton's plan for paying off the money that states owed after the Revolutionary War?

Last Answer : Feel Free to Answer

Alternatives to borrowing a couple grand for school (a post-grad program) without going the way of student loans?

Description : Alternatives to borrowing a couple grand for school (a post-grad program) without going the way of student loans?

Last Answer : Will your current employer sponsor you? Some companies and organisations will (though most don’t). You could approach your boss about it, unless you’re undertaking further education to get out of the job!

Is law school worth $150k in student loans, 3 years' lost wages, and concomitant stress?

Description : Is law school worth $150k in student loans, 3 years' lost wages, and concomitant stress?

Last Answer : Law school does not have to cost that much. My “sister-in-law” just graduated from law school. Considering how much she’s currently earning at her entry-level position, I’d say yes.

are there federal programs to reimburse teachers for school loans they already paid

Description : are there federal programs to reimburse teachers for school loans they already paid

Last Answer : Need Answer

Am I eligible for federal student loans if I attend dog grooming school?

Description : Am I eligible for federal student loans if I attend dog grooming school?

Last Answer : Federal Student loans are available only for educational purposes. A dog grooming school would not qualify as such.

Can I recieve loans for school when I already owe for school loans?

Description : Can I recieve loans for school when I already owe for school loans?

Last Answer : Yes, there are always ways to take out more loans for school. It is just the receiver's job to keep track of how much they are taking out so they can pay them back.

Do I have to make payments on Sallie Mae student loans while enrolled in school?

Description : Do I have to make payments on Sallie Mae student loans while enrolled in school?

Last Answer : No, you do not have to make payments on Sallie Mae student loans while enrolled in a qualified program. Depending on the type of loan you take out you will have payments deferred either ... that any unsubsidized loans will capitalize even though you are not required to make payments while enrolled.

Is there discrimination against students in the school loans market?

Description : Is there discrimination against students in the school loans market?

Last Answer : There is no discriminating in students when qualifying for student loans. Obviously if one has bad credit, the chance for a loan goes down. There are many foundations that give out student loans.

What companies will help me consolidate my old student school loans?

Description : What companies will help me consolidate my old student school loans?

Last Answer : I called a company that advertised in one of the medical magazines that was at the hospital. I tell all of my co-workers now to consolidate with Medical School Loans private student loans, Jennifer ... all of my federal loans to consolidate my new loans and my old loans with Medical School Loans.

Which of the following is a disaster mitigation strategy? a. Constructing cyclone shelters b. Giving loans from banks c. Providing cheap electricity d. Providing school uniforms to children

Description : Which of the following is a disaster mitigation strategy? a. Constructing cyclone shelters b. Giving loans from banks c. Providing cheap electricity d. Providing school uniforms to children

Last Answer : a. Constructing cyclone shelters

What advice would you give to a person paying off debt?

Description : What advice would you give to a person paying off debt?

Last Answer : Pay off the debts with the highest interest rates first. If you can refinance higher interest rate debts to get lower interest rates, do so, and then make the same payments so you reduce the principle owed. If you get a bonus or large one time influx of cash, pay off debt.

Isis set off a couple of bombs in Beirut Lebanon yesterday that killed 40 people. Why is no one paying any attention to that?

Description : Isis set off a couple of bombs in Beirut Lebanon yesterday that killed 40 people. Why is no one paying any attention to that?

Last Answer : I had not heard about it and just because I haven’t does not make me a hypocrit, it makes me an uninformed person.

Does paying off a settlement on your credit card balance harm your credit rating?

Description : Does paying off a settlement on your credit card balance harm your credit rating?

Last Answer : No

At what point do you think people are going to write Charlie Sheen off as "just crazy" and stop paying him any attention?

Description : At what point do you think people are going to write Charlie Sheen off as "just crazy" and stop paying him any attention?

Last Answer : I already have.

Why is the Canadian Governemnt still paying off the Native Indians?

Description : Why is the Canadian Governemnt still paying off the Native Indians?

Last Answer : Maybe you should read up on a little History . That thing of which you’re lacking in.