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Student Loan Consolidation


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Oct
19

Will credit score ever go up after defaulted student loans? Serious answers only please?

Credit

Wendy B asked:
I defaulted on my student loans. I’m repaying them now though. I was told by the student loan company that my credit score would go up, but have read many articles stating otherwise. It sounds to me that the credit score is permanantly ruined after defaulting on a government [...]




Oct
1

How much harder is it to get a direct private student loan?

Financial Aid

mrbrightside168 asked:
A few years ago when I was a junior in college I had to take out a hefty direct student loan from Salle Mae. I was approved without a cosigner, no problem. Now I need one for a smaller amount. I have decent credit (Probably a 620 FICO score) but I’m worried that [...]




Sep
14

Is it a good idea to go through a debt settlement program if in the future I’ll need private students loans?

Credit

Rosemarie C asked:
I was worrying that I wouldn’t be able to get private student loans in the future. I am a full time student now and my credit card debt is out of control. My only way out is through debt settlement. I hear it will affect my credit score badly–something [...]




Aug
23

will my home loan application be denied if i have hardly any money in my savings account?

Renting & Real Estate

shun t asked:
my credit score is almost 700, i was pre-approved for a home loan, i found a house i liked, i made an offer which has been accepted, just started escrow account with $4000.00 deposited, my income is $110/yr. with hardly any money in my savings account because of a very bad business [...]




Aug
13

When do i need a co-signer for private student loan consolidation?

Financial Aid

David L asked: I have around $30K in private student loans that I had my brother co-sign with me on. I am paying Prime + 0% which is really nice, but I wanted to consolidate and use the LIBOR rate(which is lower then prime, I would save over 2K in 10 yrs by dropping [...]




Aug
13

Do federal Stafford student loans affect ones FICO credit score?

Credit

J asked: My score continues to drop each semester when my loans are reported to the credit reporting bureaus. They are in full time student deferrment status and are current in good standing.

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Aug
7

What all will banks consider when I fill out a loan application for a new car?

Credit

Steve asked: I’m trying to raise my credit score.I’ve been at the same job for 15 years.




Aug
1

Understanding Private Loans for Education

Loans

Posted by Gary MarjaniPrivate loans - students hear about them but sometimes do not quite understand exactly what they are, what they are for, or what they entail. Basically, private loans for education can make up the difference between the amount a student receives from federal financial aid and the actual cost of his or [...]




Jul
30

What are the potential consequences of lying about age on a car loan application?

Credit

bavarianpower07 asked: I am 17 years old. I earn an average of $400-$500/week in income, sometimes more. This is obviously way above-average pay for my age. I am a senior in high school, graduating in 3 months. I will then be able to work full-time and hopefully find a better job, making ~ $3,000-$4,000/month, before [...]




Jul
27

Instant Payday Loans Application: Apply for Instant Payday Loans Application to Get Instant Money

Loans

Posted by Jonesh TaylorYou can get rid of all the financial problems which occur without any warning in your life and the only source of money on which you are completely dependent, you payday which is long to go. All this puts you into financial crunch and in this condition what helps you is Instant [...]