Loan Reviews - Loans Knowledge Base

Loans Knowledge Base

loans.....? I got someone to cosign for my autoloan but will they be able to if they have a few loans already taken out?

Loans????????????? so is this site useful to alll those who need home loans...and other?????? i think it is...

LOANS ? If I got a 500 thousand dollar loan with 8.9% interest how much would my monthly payment be?

What Loan company will take over my federal student loans when the loans are in default? What Loan company will take over my federal student loans when the loans are in default so I can go back to school? 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.

What Loan company will take over my federal student loans when the loans are in forbearance? What Loan company will take over my federal student loans when the loans are in forbearance so I can go back to school? 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.

How do student loans work, and what are my options for applying for graduate student loans? I want to apply for a Master's Program at Copenhagen University... but have no money! Where exactly do I start? I know very little about student loans in general, and especially little about them when studying internationally, especially at the graduate level. Do I need to talk to the University? How do direct to consumer loans work? Is it super difficult to get student loans?

How do student loans affect a mortgage applicaton? I have $60,000 in various student loans, but since consolidating my combined payment is only $300/month. I have no other debt. Do lenders view student loan debt differently due to the flexibility of the loans? Also, would they look more at the total amount of the debt or the monthly payment when determining the rate and loan amount?

What is a good loan consolidation program for Federal and Private student loans? I am looking for a good student loan consolidation program that will take on both my Federal and Private student loans from Sallie Mae. If you know of any good ones that you have heard of or used in the past, please leave a description or website so I can look into it. If you are a loan company, don't bother answering the question as I will mark it as Spam. Thanks.

How do I get loans to obtain another bachelor's degree in a different field? I was denied loans to obtain my bachelor's in nursing because I ALREADY have a bachelor's in business. I need my nursing degree for the field I now want to go into, but I have to get student loans to obtain it. I have never had a student loan so why is this so difficult? Will the new stimulus package help with the student loan process?

Student loans have to start being paid off 6 months after you graduate. What if you continue to law school? I'm planning on going to law school after I graduate from a 4-year college. I'm just wondering if I'll have to start paying back my student loans after 4-year college, or after I graduate from law school? P.S. I'm just doing some preliminary checks on student loans in general, I'm a senior in high school and I'm just thinking ahead.

How do student loans work? Once I start paying them back, do I have to pay back consistently? Like if I have $1000 now gathered from working as a student for 2 years, can I use that to pay some of the loan back? Or, is it that once I start paying back loans, I can't stop, and I must consistently pay them back every month? Also, do student loans have minimum sums we are allowed to pay every month? Like can it be that i'm only allowed to pay if i'm paying in a minimum sum of $800 or $1000? P.S. this is not for me, so its not like I can look over a contract or anything like that.

What kind of loan can I get to consolidate private student loans? I have $100,000 in private student loans from two lenders. The interest rate is over 10%. Is there a way to get another loan to pay this off at a lower interest rate? What kind of debt consolidation program should I consult? Most student loan companies only deal with Federal loans it seems. I keep seeing ads for mortgage loans with low monthly payments-- is there something similar I could get for a personal loan? THANKS!

What can u tell me about business loans to start up a new business? In the process of opening a new business. How do business loans work - I know I need a business plan etc before I can apply for a loan, but what's some other info? What's the interest rate range, what's the range of how many yrs u can have the loan, range of amnt they can loan, will they include the first yrs lease amnt in the loan if needed...etc, etc? We have good credit.

Student loans not in repayment or in deferral included in a mortgage loan application as an expense? Am applying for a mortgage loan and have two school loans already on my credit report but specify one is not in repayment and second is deferred. However, the loan application is requesting all expenses listed on my credit report. Are these loans not in repayment included in my expense ratio?

What happens to the status of student loans if I transfer undergraduate schools? I just transferred undergraduate schools and still have some student loans from my previous school (Sallie Mae and Federal Direct loans). Is there some sort of clearing house that my new enrollment status will be sent to so that the loan agencies know that I haven't just stopped going to school (and thus cause my loan payments to become due)? Or must I obtain enrollment verification from my current school and send it to each loan agency myself?

How do I pay back college loans of I am withdrawing for good? Hypothetical Question: If I was in my 2nd year of college and am considering withdrawing from the school because I was getting married and am having a baby, how would I have to pay back loans? Or do I not pay back the loans? Or when do I pay back the loans? Because from my understanding, you pay back loans after you graduate? Please help.

Is it better to pay off student loans quickly? I'm graduating this June and I'm going to have about 30,000 canadian in student loans. I want to pay off my loans as quickly as I can even if it means sharing a room with someone. I'm planning to take at least 50% of my pay check to go into loans. So maybe around 900 a month, which allows me to pay off my loans in about 3 years. I'm normally a saver anyway and I can live cheaply. I would have just enough money left over for rent and living expenses. My rent would only be about 400 dollars. Plus, I have savings right now that would work as my emergency fund. Do you guys think that it's a good idea and is it worth it financially? My thought is that it would save me on interest even though it would be hard for a few years, but I will be much better off in the long run. Any suggestions?

What does it mean when my student loans have a zero balance due to a claim? My student loans are through NelNet and I received a letter from NelNet instructing me to stop making payments. The reason they give is that my student loan account has been paid by a claim and now has a zero balance. I have had student loans since 1995; but I also have filed bankruptcy. What does all this mean? What claim paid my loans off? Did I or someone else get sued for the money?

How exactly do 'interest only' mortgage loans work? When do I pay on the principle of such a loan? I know APR loans are a bad idea, but how would an interest-only loan work? Would it still be a 30 year note, or do they extend the loan? Would I be able to get a fixed rate with an interest-only mortgage loan?

difference amortized housing loans and refinancing of arrears housing loans, what is the principles behind? my housing loans is for 30 year amortized monthly. arrear for several months and want to restructure loan. what is the best options. Difference between amortized housing loans and re-financing of default housing loans?

What is the definition of rehabilitation on student loans, and how does it work? Hi. I want to go back to college but I have to take care of student loans first. I was told that if your loans go into default, you have to contact the creditor handling the student loans and tell them you what to get into a rehabilitation program? What is rehabilitation and how does it work? I tried asking my loan officer from my old college about it and he wouldn't give me a straight answer. Please let me know. Thank you.

How do they process your student loans when you almost at your borrowing limit? I have around $4500.00 left in student loans, and I have two semester left of college. In the fall, I am taking 15 hours, but in the spring I am only taking six. Will they offer the remaining of my loans for the fall semester, and I can use my pell grant for the spring or will they split the remaining loans between the two semesters?

What to do when you run out of student loans? I am on my last year of Grad school and I run out of student loans. I had the federal loans and a citi-assist loan but my school is telling me that I maxed out on the amount of loans I can get (the full cost of attendance). What can I do? I see there are private student loan option but some say maximum is total cost of attendance... this means I am ineligible? what are my options?

How do construction loans work? My husband and I are working with a builder of a subdivision we are planning on building in. We chose a home from the options this builder has for the sub. To get started on the house, we need to give him $5,000 down. However we do not have the funds saved so we are able to do a construction loan. I've heard so many things about construction loans and how the fees are horrible. Yet, its been so hard for me to find any information. Would the fees be that steep, even though we only need $5000 down? Is there any specific banks/companies out there that make this process easier that anyone would recommend? Any help or information would be greatly appreciated. Thank You!

Can someone tell me how collateral loans work or secured loans? I own four condo properties outright. I plan to put three units up for collateral. I need to know if there are any fees or interests attached to the loans? If so, what is the going interest rate for collateral loans? What are the kinds of fees to expect?

if i max out my student loans going for my associates degree, can i still get loans when i start my bachelors? I have attended school for 3 years full time and have 80 credit hours and finally graduated. I have maxed out my loans allowable for my associates and am trying to go to school for my bachelors. Will i still be allowed to get loans for my bachelors or am i on my own? I graduated high honors and currently recieve scholorships as well, but they told me I may lose those as well.

How will student loans affect my credit check with the Transportation Security Administration? Just graduated (with loans), and am in the application process with TSA. I wanted to know if my loans will affect my credit check negatively.

What types of loans are out thier for first time home owenrs with good credit? What types of loans are out thier for first time home owenrs with good credit? The place that I want to buy is about $185 can I still get a zero down loan? If not what is the next best thing?

How do I get loans for a masters degree? I want to get a masters degree in speech and language communciation development. I have my BS but deferred my federal loans due to permanent and total disability. Can I still get loans for a masters? Or a class here and there?

How many US auto loans and home mortgages financed by banks are out there? I'm trying to discover the # of US home mortgages and auto loans financed by banks in the US and the average value of each type of loan. It's for a school project.

What kind of Private loans should I look into? I am a full-time student, and I eventually might have to look into Private loans to help fund my college education and living expenses. What loans should I look for, and where should I look?

Is paying off defaulted loans that aren't on my credit report going to help my credit score? I owe $9,000 in student loans. They just started garnishing my wages for $500/month. The loans were from 1998 and do not appear on my credit report. The collection company told me that once they're paid off that they will appear as not in default on my credit.

What to do if you have many loans from private money lenders? One of my relatives has quite a few loans from private money lenders at high rates of interest. What is the best possible way to repay all the loans in one shot by taking one loan from some bank?

What are in-school deferments in reference to student loans? I just checked my loan balance page, and it says for the two loans from undergrad, there are in school deferments for a period of time. I'm currently in school again right now, and will be for the time frame of these two loans. Does that mean, while I'm in grad school, I don't have to pay the undergrad loans? Or, is there more to it? Thanks!

What is the difference between secured and unsecured personal loans? In my math project I have to explain the difference between these two types of loans when getting a car loan, and why I have to use an unsecured loan when the secured loan interest rates are lower. If someone could explain this to me, I would give them a best answer vote.

What happens to subsidized loans for college if you take a summer off? Subsidized loans for college, says the goverment pays the interest as I attend school at least on a half time student. Which is 6 credits a semester. But what if I only take one (3credit class) or even take the entire summer off? Will I be responsible to start paying for my loans, even if I would go back in the Fall Semester?

How can I get a used auto loan with my student loans inhibiting my available credit? I have recently graduated college and am approaching nearly $80,000 in student loans to be repaid. I have found a car I would like to buy but no bank will allow me to take out a loan as my debt to credit ration is too high. What are my options? I'm from CT if that helps in finding somewhere? I realize my debt to credit is high. I need a loan however and do not have time to save up. What are my options?

How do loans work with tuition and housing? How do I go about applying? I already applied for financial aid for Fall 10-11 I got accepted at the school of my choice.. and I need to apply for housing and loans. How does the process work and how is the aid and loans divided into paying for all of it? Specifically a stafford loan.. if you can suggest other good loans that would be great! thanks!

What happens to 401k loans when you change jobs? If I am planning to leave my job in the near future and I have 30k in my 401k and approx. 12k in loans, how will the loans be repaid? Do I pay the taxes at year end? Also what if I decided to cash out the rest?

How do I get loans to go to school without a cosigner? After the completion of Fafsa and such, I only need $11,000 or so to pay for my upcoming freshmen year of college tuition. My parents are unwilling to sign loans for me to go and I can't guarantee that the private scholarships I've applied for will be enough to cover the remaining costs. Is there anyway at only 17 I can get loans myself or come up with the money before my freshmen year begins in august. Please help.

How do I consolidate secured loans that currently hold collateral? I have a few loans that I am having trouble keeping up payments because of my low income as being a part time employee at Lowe's. My hours change due to budget, therefore my income changes. I really want to pay all four of these loans but I have a one year old daughter to take care of and they are threatening legal action.

How do I consolidate student loans from different lenders? I have three loans from three different lenders. Who would buy up all three of my loans and give me a decent interest rate? I have good credit.

Can student loans prevent you from leaving the US? If I am a US citizen with student loans (about 13k) will I be allowed to leave the States? I am planning on moving to another country for a period of time in order to get married to my fiancee. However, I intend to return to the States and pay the loans in any case.

How many times can you defer your student loans with the federal government? I just completed graduate school a few months ago and I consolidated my student loans from undergrad and grad school and it is time to start repayment on my student loans. How many times can you defer your student loans..I consolidated them with the extended payment plan which is 30 years?

How can I consolidate private and federal student loans? I have 1 federal loan for $16,000 and 2 private loans for $3200 each. I would like to consolidate all of these to 10-12 year loan. Does anyone know anyone who can do this with any nice incentives?

besides bank loans what are other ways to get help financially when trying to start a business? i know i can set meeting with investors and hopefully get their blessings. but what else besides loans and investors, especially since we are crawling out of this recession.

What are the best ways to get student loans with a decent interest rate? I have been in community college for the first 2 years of my schooling so I have not had to take out any student loans yet. I have been applying for loans for this next semester and I have been getting really high interest rates. Some are over 15% which I feel is riduculous. I am 21 years old with good credit and I have used my parents as co-borrowers when applying. They do not have great credit and my dad makes too much money for me to get any government help, but they don't pay for anything. Where should I go for lower interest rate on loans? Also, what is a good amount to take out if I decide not to work next semester? Thanks! My parents are married so any information I use goes for both parents.

Is it possible to consolidate student loans that come from different banks? And how would I do that? I have undergrad student loans from one bank that I consolidated, and then graduate student loans from another bank. I am graduating in August and at that point I would like to have them all consolidated so I am not paying 3 different people each month.

What is the difference between Ford loans and FAFSA? I know they are both federal loans but what makes them different? I have already applied and recieved acceptance for my fafsa but will I get more money if I apply for a Ford Loan? Also will the ford loan be more expensive than FAFSA?

Are student loans enough to support me when I go to grad school? I am planning to go to PA school. The tuition per year is 25,000+ and I know that the Stafford Loan can only lend 20,500 maximum per year. I also know that there is the Graduate PLUS loan. Are both loans enough to pay for tuition, books, rent, my car payment (500/month) and allowance?

Can student loan interest be used as a tax deduction if the loans are in deferment/forbearance? I know that student loan interest can be deducted. My student loans are all either in deferment or forbearance. I'm accruing interest on some of them, but I haven't actually paid any interest yet. Can I deduct the interest that accrued? Thanks!

What kind of loans are there for home improvement? I'm planning to have a pool built but need to know what kind of loans there are.

About graduate student loans, is it possible to deduct paid interest from taxes paid later when at work? If both spouses have asked for loans , does it make any difference to make a deduction if one or both are working after they graduate ?

How can I go about paying loans that have been in default for 2 years? I really want to work on paying off my school loans but don't know where to start. I've been in default for a couple years due to my immaturity and now am trying to improve my credit. I've raised my credit score 43 pts in 4 months just by having one credit card and paying it off on time. What do I need to do to get the ball rolling and start paying on my loans? I could pay maybe 100 dollars a month right now.

How to get rid of student loans before they really start accumulating? I am a college sophomore attending a state school but even so I have already accumulated thousands in student loan debt. I worked 60+ hours a week last summer and that money won't even last to cover half this year's rent and utilities! I am trying to cut back spending but really all I buy are groceries and the occasional movie ticket. I don't even have any transportation costs because the bus is free for students. I have been unable to find part-time work that fits around my schedule because I need to take a lot of credits or I'm not going to graduate in time which would mean taking out even more loans. I applied for every scholarship I could get a hold of but didn't get a penny, and my financial aid is absolutely pathetic because my family is in that awful limbo where their tax returns show too much income to get decent aid but too little to actually contribute anything. I am 19 years old, and I am scared out of my mind that I am digging a hole I'm never going to get out of. HELP!!

What kind of student loans are there besides stafford? already receive stafford loans, but I know that some people take out tens of thousands of dollars worth of other loans for school. Im probably going to need around 20,000 beyond the stafford loans altogether. Also, my parents have no money and I think they have bad credit, so will that affect me? What are some good loans out there?

Is it possible to transfer student loans to a different school? I've become rather upset at the school I am currently at. I am looking to change schools very soon if possible. Does anyone know if student loans to another school as long as the new school is accredited? Or do I have to reapply for loans?Can you even transfer to another school that isn't accredited but is the same course material? I love mistyping. That should have asked whether anyone knows whether the loans can be transfered.

How is it possible to deduct more than just interest on student loans? I have 160k students Sallie Mae loans. I know I can deduct the interest, but how could one deduct the entire paid off loans? Could one do it through an LLC as an education expense, or perhaps pay cash for a piece of property, then take a loan against the property to pay off the loan? How could I possibly deduct the entire loan?

How are home loans priced where you live? In your country, do you get home loans at a fixed rate for say 15 years? Do you have to pay a large penalty for pre-paying? If the loan is at a floating rate, what is it pegged to? Do loan rates vary according to individual credit profiles?

Are there any student loans that include the cost of paying off a car? I need to buy a new car, but I'm also planning on going to law school in Sep of 09. I'm planning on buying a modest entry level car for around 17-19km and planning to put 5000 down. However, when I go to school I wont be working and will still have payments. My question is, are there student loans available that could include the cost of paying off the remaining balance of the car at the time?

Question about Tax Returns. Can I use my Student Loans for a Tax Credit. How does that work? In my Student Loan accounts it says that I will be able to use a reportable tax interest form 1098E. Does that mean I can use my loan repayments as a tax credit or deductible? By the way, My loans are currently on Forbearance.

Are there student loans available that do not gain interest? I know about the stafford loans already, but I am asking about a loan concerning more money than that. Are there any reputable companies that offer loans with no interest while in college or something like that. Please Help!

Is it illegal to earn interest on unsubsidized loans? I'm a student and I get many offers from the government and private companies for subsidized and unsubsidized loans. For those who don't know, unsubsidized loans are loans where the interest is paid by the government or private company until 6 months after I graduate or become less than a full time student. So it could theoretically be a free loan assuming I repay the principle within those 6 months, therefore avoiding interest. My question is can I take out these loans and put the principle in high yielding CDs or savings accounts until it is time to pay them back? This way I make money on the interest from the loans, build credit, and won't have to pay interest. It seems like the government and private companies probably would not want me to do this as I am profitiing from a service that they are hoping to eventually profit from. That's why I ask if it is illegal in some way. Thanks.

What are the best kinds of student loans to get? I have 0 debt right now and just graduated from an undergrad institution. Now I am going to grad school that will take 2-3 years. I will have to get loans, but what kind of loans should I get?

Do i have to have good credit for federal loans and private loans for school? I am applying for financial aid to pay for school, but I might need loans to help me besides the grants. Do I need good credit for me to get any type of loan to help pay school?

Why did banks and Mortgage companies give loans to people without checking thir ability to pay them back? No doc loans? Home loans that do not include taxes or Insurance given to people who have NEVER held a job in their life? Why did they do it?

What are some good companies to get private student loans? I am in the process of looking for a private student loan to help cover the cost of living and being a student. I'm probably going to apply for an Astrive Student Loan. Are there any other good companies where you don't need tons of credit? Or do you know anything about the Astrive loans? Thanks.

What are some student loan consolidation companies for me to try? I have student loans I need to consolidate? My student loans are through Sallie Mae and they charge 100 dollars to get a forbearance on the loans so I need to consolidate with a different company.

How does a foreigners get loans for a business? I have heard that foreign people get loans a lot easier for businesses. Are they government grants? Where do you go to apply for these? They are specifically for foreigners trying to invest in America.

What are the best student loans to get prior to joining the Peace Corps? I am going to begin college soon & I will be financing it through student loans. I am attending college with plans of joining the Peace Corps. Any help on this subject would be great.

Whats the difference between these loans? I have heard of simple interest and fully amortized loans. What do they mean, and how do they differ to me as a lender specifically?

What is the amount of loans an undergrad student is eligible for compared to a Grad student? I want to do a full-time MBA, but I need more money than the $6000 stipend offered. I presently get $10,500 in government loans. Will this amount go up or down if I pursue an MBA right out of college? I will have all tuition paid for.