What student loan options do I have when I go to B-school on a pending I-485?

I have heard that most student loans require either a green card, citizenship or a J or F visa with an expiry date later than the graudation date. I am unfortunately not on or require any visa. My I-485 allows me to stay and study legally in the US. Anyone obtain loans, from a similar position?

Thank You!

What student loan options do I have when I go to B-school on a pending I-485?

You can go to :

http://www.studentloanchoice.biz

http://www.about-student-loans.net

http://www.estudentloans.biz

http://www.student-loans-choices.com

it's about unique student loans information.

Good luck

STUDENT LOAN QUESTION: I was curious about whether you could be put in jail for defaulting on studen

I have over $100,000 in student loans and am not making very much money at all. I'm barely able to pay my bills and there is no way that I can manage $1100 a month. I'm wondering what would happen if I just send in $100 a month until I start to make more money. I can't even afford HALF of what I'm supposed to pay! All of this college did not lead to a very high paying job. FYI: These are FEDERAL loans and have already been consolodated. I still have a year of unemployment deferment left and will use it if I have to. DOES ANYONE KNOW IF YOU CAN BE PUT IN JAIL FOR NON (OR SLOW) PAYMENT OF STUDENT LOANS? I know they can take tax returns, bank accounts, and even prevent you from getting certain kinds of government jobs. If I work as a public school teacher can they take my teaching certificate? I'm not trying to get out of paying these debts, it's just that I can't do it on their schedule!!!! I would be dying at $200 a month, and they want more than I can pay. Any REAL asnwers please!

STUDENT LOAN QUESTION: I was curious about whether you could be put in jail for defaulting on student loans?

You cannot be put in jail for defaulting on your loans because there is no debtor's prison in the U.S. Also, you cannot have your education revoked because of bad debt. However, your Alma Mater may withhold your educational records if you are in default, which could make getting a job in education difficult.

The minimum monthly payment allowable under the federal student loan program is $50.00. If you are making a payment of at least $50.00 per month, you are making payments and should not be reported to the credit bureaus for non-payment. Default means you have not made any payments and have not been in either forbearance or deferment status for 270 days.

The monthly payment you stated is probably for a Standard Repayment plan. U.S. Federal Student Loans have four possible payment plans: Standard, Extended, Graduated, and Income-Contingent.

The Standard Payment plan is for a repayment period of 10 years (or 120 months). The payment is the same for the entire repayment period of the loan. So, if you owe $100,000 at 7% interest and repay for 10 years, your monthly payment would be $1161.00. (Over the life of the loan, you will pay $40,000 in interest).

The Extended Payment plan is for a repayment period of up to 30 years (360 months). The payment is the same over the entire repayment period of the loan, but tends to be less than the standard because you are paying over a longer period of time. So, if you owe $100,000 at 7% interest and repay over 30 years, your monthly payment would be $665.00. (Over the life of the loan, you will pay $140,000 in interest).

The Graduated Payment plan is for a repayment period of 12 to 30 years. The payment starts low and increases at regular intervals. The initial payment is either the monthly accumulated interest or half of the standard payment, whichever is greater. The payment will never be greater than 1.5 times the standard payment. The initial payment in a Graduate Payment plan if you owe $100,000 at 7% interest is $583.00. (The total interest paid will be more than with a Standard Payment plan and will depend on how long you choose to repay the loan).

You may be eligible for an Income Contingent Repayment plan (ICR). This plan has a repayment period of up to 25 years. It is based on your Adjusted Gross Income (AGI), family size, interest rate and total amount of student loans. The payment is calculated annually based on the above information. This payment may be less than the amount of accumulated monthly interest. So, with the above assumptions, your payment could be less than $580.00 per month. Hopefully, the payment could be less than $200/mo.

You need to call the servicer of your loans or at the very least go to their website. Look on the Promissory note you signed for your loan consolidation to determine who owns your loans.

If you are a public school teacher in a critical need area, you may qualify to have some of your debt paid by your state or school district. Talk to your school district's personnel office.

STUDENT LOAN QUESTION: I was curious about whether you could be put in jail for defaulting on student loans?

Get a deferral.

STUDENT LOAN QUESTION: I was curious about whether you could be put in jail for defaulting on student loans?

There is no debtor prison, so no, you can't be put in jail. However, you should contact the lender and ask if you can put your loans in forebearance. You still pay interest on your loan, but you don't pay against the principal.

STUDENT LOAN QUESTION: I was curious about whether you could be put in jail for defaulting on student loans?

I don't beleive they will put you in jail as then they can't get any money. They will take what they can get from you, but it will definately ding your credit. Call them when the time comes for you to start making payments and see what you can work out. I would suggest you get a second job as you will be paying that forever on a teachers salary and you cannot get rid of that debt through bankruptcy.

STUDENT LOAN QUESTION: I was curious about whether you could be put in jail for defaulting on student loans?

Nope, there is only one debt you can be arrested for in America, and that's nonpayment of child support. You should contact your lender and apply for a forbearance on the loan, the payments will stop but the interest will still accrue.

Most lenders are just happy to receive SOMETHING rather than nothing.

STUDENT LOAN QUESTION: I was curious about whether you could be put in jail for defaulting on student loans?

the Federal government will NOT put you in jail if you do not pay your student loans, but they will hound you until you do, and since you say you cannot get a job that pays for the loans you minds well get used to the idea you'll be paying on those forever because the interest will eat you alive. I'm curious though what degree(s) you got for that large an amount of money, email me and maybe I can make suggestions since usually for paying that kind of money there are jobs out there or you open your own business. The Federal government says they never refuse any money you send them, however if you go into a student loan website and check their calculator you'd be amazed how long you will have to pay on those loans at $100 a month. People with high bills take on 2-3 or more jobs to pay those off. And yes, surprisingly even though the government wants their money back they do dun your credit report to keep you from paying it back. Go figure. I think it's because they have created so many new collection positions who are now allowed by law to charge up to 15% more per year on top of your loans as their collection fee.

I have a feeling that someone is intercepting my mail to pay my student loan,what actions should I t

due to harrassment for personal reasons, my student loan mail payment is not getting to the company, citi bank.For the last 2 months my payments have not been posted as paid. what actions should I take to find out why my payments are not being posted? I have the proof that I purchased the money

orders, an this is the second time it has happend, I went thru all the proper procedures of mailing my payment.an still nothing what do I need to find out what is going on?

I have a feeling that someone is intercepting my mail to pay my student loan,what actions should I take?

You could set up an electronic payment. You will likely get a reduction in your interest rate for doing this too.

You should also make a formal complaint with the Postal Service. There are actually investigators who will check into your situation. If they find wrong doing the offender will be arrested and prosecuted. Postal Inspectors take their job seriously, believe it or not.

I have a feeling that someone is intercepting my mail to pay my student loan,what actions should I take?

let em pay it and smile lol

I have a feeling that someone is intercepting my mail to pay my student loan,what actions should I take?

How could anyone be intercepting your mail? Are you mailing it from your own mailbox, as we do in the suburbs? If not, no one could intercept you mail from the entire U.S. Postal system.

Why not just get on a regular payment plan? Can't they just charge your credit card each month? If not, you can instruct your bank to make the payments.

If all else fails, have someone else mail your checks. They could put their own return address on the envelopes so there is no external evidence they came from you.

I have a feeling that someone is intercepting my mail to pay my student loan,what actions should I take?

CitiBank sucks.

I have a feeling that someone is intercepting my mail to pay my student loan,what actions should I take?

Check who changed the money orders.

Also take a look there, it may help you :

http://index-go.com/improve-credit-score...

Good luck !

Student loan help...please?

I am trying to apply for student loans and I am confused about how much I should apply for. I am not sure if i get enough to cover just the semester, or the school year, or the amount i need to get my degree. And i know i don't qualify for the government loans, what others are good to use.

Student loan help...please?

Go year-by-year with a private loan.

Good luck !

Student loan help...please?

Get enough to pay for the full year including books, transportation, housing, and other education-related needs.

Student loan help...please?

ask about a pell grant , its named after a senator from rhode island its free but if you quit school you might have to pay it back and try fanny Mae they have been real cool about payment plans when you done with collage and have to finish paying them off.

Student loan help...please?

here's a site i can highly recommend for you. give it a shot!

Can you get a second government student loan if the first is being paid for by government interest r

Answers from Canadian residences please

I am asking for a friend, I have never had a student loan, so I don閳ユ獩 know. Only the interest on his first loan is being paid and the government is paying it. He wants to go back full-time for a second major.

Can you get a second government student loan if the first is being paid for by government interest relief?

Yes, your friend should be able to get it as long as your friend has the grades and applies properly.

Check with the financial aid officer at your school.

What to do about too much student loan debt?

I am in my second year of undergraduate studies at a public university. I am paying out of state tuition solely through student loans,

most of which are private. My parents' income places me out of reach of many

government sponsored loans, grants, and scholarships but they will not pay for

my college expenses. They do cosign for my loans but the realization that I

will be near $100,000 in debt upon graduation has been weighing more and more

heavily on me. I am not sure of how unique my situation is but I

feel like I have a lack of options. I am very aware of scholarships and have

been pursuing several through sites such as Fastweb. What do I do? Do I have any other options? Thanks for any advice.

What to do about too much student loan debt?

My advise is simple and practical.

If that expensive school can't offer you enough grant/scholarship money that you can't attend without taking out mounds of student loans (private loans are evil, and anyone can qualify for federal Stafford Loans regardless of parents income) then you need to find a cheaper school.

Federal loans have limits for a reason. Borrowing 100,000 for a bachelors degree is NOT NORMAL. Anyone who tells you otherwise is likely still in college and hasn't started making those 1,000 a month payments. You will doom yourself to never being able to afford a house or a decent car.

What to do about too much student loan debt?

The thing about your situation is....student loans pile up, as you already know. Once you graduate, you will have to work quickly to repay those loans on a montly basis. It'll be a very huge hassle, for sure. And youa re already stressed out on this so I don't think that you should go on student loans any further.

What you can do is keep applying for scholarships. What you can also do is talk to your financial aid advisor and discuss htis situation with them as they will have more options for you. I know your stiatuio is hard because your parents income may be too high and they won't pay for your expenses. Discuss this situation with them and next year file FAFSA as an independent if you are working. If you are not working, then it'll be a challenge. Talk to your advisor, that's what they are there for. I wish you lots of luck!

What to do about too much student loan debt?

Hi,

I used %26quot;Credit Solution%26quot; to settle my debt and improve my credit score.They managed to reduce my debt up to 58% .It's legitimate.I came across this company on NBC News.Check it out here:

http://creditsolution.ez-mart.biz

What is the lowest credit score I can have to get a student debt consolidation loan?

i have a lot of student loan debt and want to consolidate. however, i'm sure that because it is a private loan they're going to run my credit. do you know what is the lowest score i can have to consolidate?

What is the lowest credit score I can have to get a student debt consolidation loan?

Around 600

What is the lowest credit score I can have to get a student debt consolidation loan?

You can visit http://www.cashguru.info and find very useful tips and several articles on debt consolidation. Report It

IF my cosigners credit is in between 630-640 how hard would it be to get a private student loan from

Or how hard would it be to get a private student loan period.

IF my cosigners credit is in between 630-640 how hard would it be to get a private student loan from salliemae

You should get it.

If you default on a student loan, could they garnish part of your SSI disability payments?

These days a bankruptcy will not cover student loans and I'm wondering how aggressive they can get in garnishing all of my future wages or SSI payments until the loans are paid off.

If you default on a student loan, could they garnish part of your SSI disability payments?

Yes, they can garnish any income you have coming into the house (up to, but not exceeding 25%).

If you default on a student loan, could they garnish part of your SSI disability payments?

they will turn the loan to a collection agency, and they have the right to get money from you anyway they can. My advise to you, is to pay what you can. If you can not make the min. payment, re-finace the loan to a lower rate.

Is there a way to file income tax & get refund while having a defaulted student loan?

People with defaulted student loans usually have their income tax return confiscated. However, this confiscation by Sallie Mae %26amp; assorted low life collectors, are never applied to the defaulted loan. Thus, this may be the 3rd year I have not filed Federal taxes. Does anyone know a way out of this morass?

Is there a way to file income tax %26amp; get refund while having a defaulted student loan?

As a taxpayer, I suggest you pay back what you owe. You are only compounding the problem and the penalties will increase. Who do you think the victim is in your scam?

Is there a way to file income tax %26amp; get refund while having a defaulted student loan?

No, if your loan has been turned over to FMS for collection there's no way to avoid having your refund confiscated.

It's a bit late now. The way %26quot;out of this morass%26quot; as you put it was to pay your loan payments when they were due.

If you didn't file your Federal taxes, the refund that wasn't paid couldn't be confiscated so therefore your debt could not be reduced. Eventually the IRS will file a return on your behalf and any overpayment will be applied against your liability. However in the interim, interest will continue to accrue. If you're REALLY unlucky, there will be a tax liability from the years that you didn't file and the IRS will then go after you for THAT as well.

Get your head out of your @$$ and file the returns for the years that you've missed. Take the hit on the refunds going to Sallie Mae, at least your debt will start to decline! You're the one who fooked up; you're the only one who can fix it now.

I thought that they didn't do college courses in Underwater Basket Weaving any more. Seems that that's about all that you got out of it....

Is there a way to file income tax %26amp; get refund while having a defaulted student loan?

I has a similar situation. There is no way to keep the goverment from taking the money you owe them. (you can't let someone you owe money to hold your money throughout the year). When the refund does get taken away...you will get a letter from the IRS stating that they withheld your refund and applied it to your debt. Provide a copy of this letter to the credit bureaus and the creditor to make sure it is actually applied.

More important here is %26quot;Why are you getting a refund?%26quot;. If you get a refund at the end of the year that means that your tax witholdings are incorrect. You get a refund because you're allowing your employer to withhold too much tax from your paycheck. So in essence, you're lending the goverment your money interest free. That's nice of you. You have to adjust your witholding so that you don't get a refund....instead you get to keep more of your money every payday. That way there also is no refund for them to keep. Hope this helps you.

Is there a way to file income tax %26amp; get refund while having a defaulted student loan?

Nothing has been applied to your Student Loan debt, because you haven't filed the returns, You have 3 yrs from the due date of the return to be eligible to claim that refund, otherwise the overpayment goes into the general fund, You don't get it, student loan doesn't get it, it is just gone, File those old returns, at least something will get paid towards the Loan and you will be that much less in debt to them. Then start making payment on it contact the lender and get back to business, you signed a legal binding agreement that you would pay it back, that is your responsibility. They paid for your education you owe that money back. Once you start making timely consistant payments they might lift the garnishment and allow you to start receiving refunds in the future. By you not paying on your loan you are destroying your credit history, No one is going to want to loan you money when you have a record of not paying on your debts as promised.

No credit, no cosigner, parents have bad credit, got some federal aid, how can i get a student loan?

I've applied for everything I could think of. I filled out the FAFSA, got as much federal aid as I can possibly get.

Filled out an application for CitiBank with the only relative I have that was credit-worthy...turns out not even he was credit worthy.

My dad has bad credit due to identity theft.

We can't afford a lawyer to clear that up.

My mom has bad credit because she got sick a couple years back and opted to pay medical bills instead of her student loan..

and where does that leave me??

SCREWED!

I thought I had an out when I applied at MyRichUncle.com, but they would only approve me for $5,000...i need around $15,000.

Does anyone see anything I might have missed?

No credit, no cosigner, parents have bad credit, got some federal aid, how can i get a student loan?!?

First of all....what kind of school are you in that you need an additional 15K on top of federal aid????? Remember that you can apply each academic year for aid. You complete your application each year. Sub/unsub loan max for a first year student is 6625.00 and second year or higher I believe is 7500.00

There are many different scholarships and grants out there. Do a websearch for academic scholarships. Even Target Department stores offer a scholarship.

No credit, no cosigner, parents have bad credit, got some federal aid, how can i get a student loan?!?

If you've already filled the FAFSA and applied for financial aid, then the best option you have left is to apply for more government grants and scholarships. Scholarships are free sources of money that help cover your tuition, and they don't have to be paid back. You can read more about them here:

http://www.studentfinancedomain.com/fina...

Here are some sites that offer grants and scholarships:

http://www.fedmoney.org/

http://www.findtuition.com/scholarships/

http://apps.collegeboard.com/cbsearch_ss...

http://www.freegovmoney.net/

http://www.educationplanner.com/educatio...

http://www.studentawards.com/

http://www.college-scholarships.com/

Good luck!

No credit, no cosigner, parents have bad credit, got some federal aid, how can i get a student loan?!?

ford federall subsidized loan.worked for us plus i applied for parentplus loan even though they denied my loan they still gave it to my daughter as un subsidized in addition to what she qualifid for. be carefull they will divide amount in two for both semester

No credit, no cosigner, parents have bad credit, got some federal aid, how can i get a student loan?!?

Pell grants, unsubsidized and subsizied staffords.

No credit, no cosigner, parents have bad credit, got some federal aid, how can i get a student loan?!?

Students who are looking for a bad credit student loan should pick three schools they are most interested in, talk to the admissions office, and ask what is needed to apply in their school.A bad credit%26lt;!--student loan is payable only after the student has completed his or her education, and has started earning a certain minimum amount. You can find more information on Student Loan here,

http://badcredits.awardspace.com/student...

The minimum amount that the candidate of the bad credit student loan is required to earn has also increased. Bad credit student loans are available as both secured and unsecured loans--%26gt;depending on whether you are a homeowner or not. The rate of interest to be paid on unsecured bad credit student loans is higher than that on secured bad credit student loans. This is because the secured bad credit student loans are backed by your home as a security.

If i am filing single and taking the standard deduction and i am reporting interest on a student loa

how does reporting interest on a student loan help my return? What other deductions can i claim to help me out on my taxes? I have no children, no dependents live alone

If i am filing single and taking the standard deduction and i am reporting interest on a student loan.?

You would put the interest that you paid on line 33 of the 1040. You do not need to itemize this. It is considered an adjustment to your income and not a deduction. If you paid $2,000 in student loan interest, then you will be able to lower your taxable income by $2,000. This will save you money on most state tax returns as well.

If you are single, have no kids, and are not itemizing, there is not too much more you can deduct. If you had any tuition expenses that you paid for with loans or out of pocket, then you can claim the lifetime learning tax credit. If you paid for certain improvments to your home (doubtful if you do not own your home), then you may be able to claim the energy tax credit. If you contributed to a retirement account, then you may be able to claim the Retirement Savings tax credit (assuming that your adjusted gross income is $26,000 or less, see line 38 on your 1040).

You can still contribute to an IRA or a Roth IRA before April 15 and have it apply to last year's taxes. Whatever you contribute to a traditional IRA will reduce your taxable income (must like student loan interest). So you could contribute to a traditional IRA right now and have it lower your tax burden. If your adjusted gross income is just a tad over $26,000, then you may want to contribute enough money to a traditional IRA to make it $26,000, then you will be able to also claim the retirement credit.

If i am filing single and taking the standard deduction and i am reporting interest on a student loan.?

It is an above the line deduction reducing your income even if you do not itemize.

If i am filing single and taking the standard deduction and i am reporting interest on a student loan.?

Ey sups jesse

Im not exactly sure what your looking for jesse

But I found this site below and from the looks of it, I think it would be a lot of help

Anyways Gud Luck!

How do I get a private student loan with no cosigner?

This is my second round of college. I got an Associates, worked a bit, then went back for my BFA. I have applied for FAFSA, I am maxed on my staffords (not just per year but COMPLETELY maxed at $45,000 from both schools combined) I received a Pell Grant, but I still owe $10,000 for my last year of school. I have no cosigner, and my credit report shows one charged off account. I work fulltime and go to class fulltime, but I cannot afford to pay $1300 a month toward tuition, especially considering cost of rent in Chicago. I apply for every scholarship I can on fastweb and have only received one in the past 7 years. Does anyone have any advice or am I just wasting my time trying to finish my last year of school? Please don't suggest Sallie Mae, they have denied me even when my credit was stellar. Every place I have tried tells me that the amount I already have out in student loans over-extends my credit. Any serious suggestions would be greatly appreciated.

How do I get a private student loan with no cosigner?

Place like Sallie Mae will only except an undergrad student with a cosigner. However, Citbank offers a CitiAssist loan often with no cosigner.

My brother is a college freshman this year, and has to put himself through school. He tried Sallie Mae, and they didn't accept his loan, but CitiBank did without a cosigner (for over $20,000).

You may also want to look into your own bank %26amp; see what types of student loans they offer. Or, check with financial aid at whatever school you are going to. It is their job to help you find money for school.

How do I get a private student loan with no cosigner?

Stay away from private internet lenders wanting $ up front for any fees.If they are asking for $ up front they are SCAMS.Report these internet hoodlums to the IC3 division of the FBI and to your states ATTY. Generals office.Go to this site for all scams on the internet;dateline.msnbc.com.BEWARE of THESE SCAMS. Stay Away from private internet lenders(hoodlums) wanting $ in advance fees,THEY ARE SCAMS.

How do I get a private student loan with no cosigner?

There are many student loan lenders.Before you go for one check the rate of interest and also see that the lender is a legitimate one.

Don't pay any money to get the laon. You can also try for some scholarship online.

To know more you can visit

http://www.easystudentloan.blogspot.com

and

http://www.scholarshipgrants.blogspot.co...

International student loan? And Salmaan, could you re-post your answer, please?

Salmaan, could you post your answer again? It seems that all the answers on the page have expired,%26amp;in my mailbox there's only a fraction of the answer, %26quot;Prosper%26quot;.I need the answer...Btw, I remember trying to send a request on Prosper as a borrower, but only U.S.citizens or permanent residents are eligible to use the service. The same as it is with many loan companies.The thing is - students like me really can't pursue a university education if somebody doesn't decide to co-sign their loan. Moreover, many U.S. private lenders do NOT accept Croatian students studying at a UK university - and there are almost no such companies in the UK. The only two lenders I saw hope in were MyRichUncle %26amp; GlobalSlc, but - my country is not approved for any programs... I could even describe the circumstances in which I have been living for years, but you wouldn't take it seriously. I have come very far absolutely alone - wouldn't it be fair to help a person who has already helped herself to the extreme?

International student loan? And Salmaan, could you re-post your answer, please?

International students have more expenses than the nationalized or US-born student. International students are often charged extra fees. They also often have to pay extra for transportation and do not often have the option of living at home while attending school. If international students also come from a country with an unfavorable exchange rate, they may well need a loan in order to attend school in the United States. Despite this, many types of loans are earmarked specifically for international nationals and citizens.

This does not mean that international students cannot attend United States schools. However, it does mean that students need to seek harder to find international student loans. Even though when it comes to student loans, international students have fewer options, there are still many choices and many types of available funding that they can draw on.

If you are an international student, you will want to start approaching potential universities early. Contact several schools' international student offices, application offices, and registrar's offices. Ask for information specifically for international students. Also, contact the student financial aid office in order to find out which, if any financial aid is available to you.

You may find that you need to seek out alternative student loans rather than rely on government loans, which often not available to international students. However, you may find that you are eligible to apply for government loans in your own country. You may wish to speak to the consulate of your own country. All countries have consulates located in the United States. These offices often contain information about specific scholarships for international students and about other forms of financial aid that students can make use of.

Can the money proposed to taxpayers by the Bush stimulus plan be offset to pay a student loan?

My tax refund was used to offset a defaulted student loan last year and I was wondering if that would happen with the money Bush proposed to send to taxpayers in the Spring.

Can the money proposed to taxpayers by the Bush stimulus plan be offset to pay a student loan?

You get money to use for anything.

Can the money proposed to taxpayers by the Bush stimulus plan be offset to pay a student loan?

unknown ... offsets haven't been addressed in public.

ask your Congressperson for what you want.

Can the money proposed to taxpayers by the Bush stimulus plan be offset to pay a student loan?

you can use the rebate to spend on your student loan...you can use the rebate for anything! you will get a seperate check in the mail...seperate from your tax return...and you can spend it however you want.

I had a teacher who told the class that he bought a NEW car on his student loan. Can you really do t

All the guy said was that he used it as a financing company, and I really need a new car, and I do have a student loan. Can you really do that?

I had a teacher who told the class that he bought a NEW car on his student loan. Can you really do that?

I would get school grants and loans and use them for everyting. Cars, etc.. Go right ahead....Purchase a non expensice car. Buy what you need not what you want!!!!

I had a teacher who told the class that he bought a NEW car on his student loan. Can you really do that?

Everyone that I know that has had one, has used their loans for everything but school. that are given as a way to help you financially any way possible.

I had a teacher who told the class that he bought a NEW car on his student loan. Can you really do that?

my student loan is a check they mail to my house and i can buy whatever i want with it. if your is like that than if its enough you can buy a car

I had a teacher who told the class that he bought a NEW car on his student loan. Can you really do that?

I know lots of people who have done it

I had a teacher who told the class that he bought a NEW car on his student loan. Can you really do that?

Yes, you can use your student loan money to purchase basically anything if you receive more than what you need to pay for tuition, books, housing, etc. Which is pretty common. BUT, keep in mind, you have to pay your student loans back. You cannot get rid of your student loans, even if you declare bankruptcy, you still will have to pay your loans back. So the answer is yes you can buy a car with your student loan, but you need to think about is it really the best way to purchase it. It may be a good option if you really, really need a car and other means of financing have higher interest rates, but again you will be paying back your student loan long after you car has come and gone! I think your teacher need a class in money management.

I had a teacher who told the class that he bought a NEW car on his student loan. Can you really do that?

While you might be able to get away with it, it is NOT legal!

The government is clamping down on that sort of abuse these days. The penalties can be quite severe, even including prison time. At the very least, you will lose your eligibility for student loans. You may have your rates jacked up to market for personal loans and lose your deferrment period so you'll have to start making payments immediately.

Opting-Out of Student Loan Consolidation Mailings?

I frequently receive unsolicited mailings to consolidate my student loans. How can I opt-out?

Opting-Out of Student Loan Consolidation Mailings?

You can't. It's just like credit card mailings...the power of marketing. Just toss them if you aren't interested.

What is the best student loan consolidation company?

Recently, I consolidated my student loans (undergrad, grad school loans). After I received the final break down, it appears that I will be paying double over the 25 year pay back period even with a 6% interest rate. This is ludicrous and certainly NOT what the agreement stated. I need to find a better company with better rates and soon.

Any suggestions - help!!! This company is really not the best and I plan to change soon. Send links and your advice on how they have helped you!

What is the best student loan consolidation company?

When you consolidate your loans and extend the repayment period to 25 yrs (instead of the standard 10 yrs on federal loans) this increases the total amount of interest you pay over the life of the loan. Credit cards and other loans work the same way. Remember, the monthly payment is just the *minimum* you need to pay. Paying more than that each month will reduce the total interest you pay on the loan.

You federal loans can't be %26quot;reconsolidated%26quot; unless you have a new (unconsolidated) loan to add to the amount.

Sallie Mae is the largest lender and consolidator of student loans and they offer a lot of great info on their site, including an FAQ and a calculator so you can see what your payments will be.

student loan consolidation information:

http://www.salliemae.com/after_graduatio...

reconsolidating student loans: http://www.salliemae.com/after_graduatio...

What is the best student loan consolidation company?

I use %26quot;American Educational Services%26quot;

http://www.aessuccess.org/index.html

What is the best student loan consolidation company?

If it's a federal consolidation and the loan terms don't match your promissory note, contact the FSA Ombudsman's office to dispute the loan.

http://www.ombudsman.ed.gov/about/contac...

Is there a place that will give a student a loan who has no credit or cosigner?

I am a student and I need a student loan but I don't have anyone who can co-sign for me and I don't have enough credit to get one myself. Does anyone know of a place out there who will give a loan to a student like me?

Is there a place that will give a student a loan who has no credit or cosigner?

Some student loans are possible without co-signer

I found interesting information about your answer, college loans, scholarships, college grants %26amp; partime works here.Goodhttp://all-student-loan-consolidation.bl... luck!

Is there a place that will give a student a loan who has no credit or cosigner?

When I was a freshman in college, I got a student loan through the financial aid department, which actually was a loan through Wells Fargo. I've heard that for auto/home loans, they're the toughest, but for student loans they're incredibly giving. I've been working with them for quite a while now and they're great :-)

Best of luck....

Is there a place that will give a student a loan who has no credit or cosigner?

You are eligible for a federal student loan issued by the government. Here's what you need to do to get one:

1) Fill out the FAFSA. This will determine if you are eligible for financial aid. Go here:

http://www.fafsa.ed.gov/

2) Once you are eligible for aid, choose a government-based student loan. The best loan to get is a Federal Perkins Loan. These have low interest rates and the government will help you pay it back as long as you stay enrolled in school. You also don't need a cosigner or good credit for it. For more info go here:

http://www.studentfinancedomain.com/stud...

3) The next best loan to get is a Subsidized Stafford Loan. This has many of the same benefits as a Perkins Loan. Learn more here:

http://www.studentfinancedomain.com/stud...

You can also try to get a grant or scholarship, which is free money that you won't have to pay back. You can read about them here:

http://www.studentfinancedomain.com/fina...

And here are some good sites that offer grants and scholarships:

http://www.fedmoney.org/

http://www.freegovmoney.net/

http://www.grants.gov/

http://www.findtuition.com/scholarships/

http://apps.collegeboard.com/cbsearch_ss...

http://www.educationplanner.com/educatio...

http://www.studentawards.com/

http://www.college-scholarships.com/

Good luck!

What is the average student loan paymean (monthly)?

How much do people pay monthly towards their student loans? I just need a ball park figure

What is the average student loan paymean (monthly)?

Hey!! It really just depends on how much of a student loan you take out. Mine is going to be about 300/month but I took out 31,000. You can consolidate them and get a lower payment and interest rate and is what I would suggest. Talk to a loan officer for more information. You can also use http://apps.collegeboard.com/fincalc/sla... to get a good guesstimate for yourself!! Good luck

Are there any student loan payoff grants for early childhood spcial eduaction?

I am currently a graduate student pursuing my special eduaction credential and masters special education. I have accrued nearly 20000 in loans and need help in relieving this debt.

Are there any student loan payoff grants for early childhood spcial eduaction?

If you are teaching in a title 1 school, there are programs from the federal gov that will forgive student loans

Are there any student loan payoff grants for early childhood spcial eduaction?

why would a grad student ask a bunch of ignorant strangers on yahoo instead of just firing up the computer and looking? The short answer is yes there are program to pay student loand for sp. ed. teachers. Several states, the feds, Indian affairs, DODDE, etc. check it out

Will I receive my federal tax? I found out that my wife has an unpaid student loan. We filed joint.?

Her dad was the cosigner of the student loan. My wife just recently went back to work. What will happen? She is currently trying to arrange payment plans. But will I still be responsible? Or her dad? Thank you.

Will I receive my federal tax? I found out that my wife has an unpaid student loan. We filed joint.?

I agree with the other answers. She and her dad are responsible for the loan.

They will most likely take your refund if you have one coming.

Good luck.

Will I receive my federal tax? I found out that my wife has an unpaid student loan. We filed joint.?

She and her dad are responsible. But if you filed a joint return, and didn't file an injured spouse form with it, the entire refund can be taken.

Will I receive my federal tax? I found out that my wife has an unpaid student loan. We filed joint.?

Both will be responsible...If they take your tax refund or not depends on how long it has been in default, I really do not know but have heard that it has to be in default for 8 or 9 months before they take your tax refund...

Will I receive my federal tax? I found out that my wife has an unpaid student loan. We filed joint.?

The U.S. Dept of %26quot;education%26quot; will have the IRS steal your refund and direct it to their agency. You will have to fill out an IRS form 8379 injured spouse so that your wife can receive her portion of the refund. It usually takes 8-12 weeks for her to get her portion.

Will I receive my federal tax? I found out that my wife has an unpaid student loan. We filed joint.?

Ey sup emeraldandtopaz

Im not exactly sure what you looking for...

But I found this site below and from the looks of it I think it would be a lot of help...

anyways, gud luck emeraldandtopaz

Which should I try to pay off first: car or student loan?

I only have two debts--- my new car loan that is still at about $24, 000 (8-9% interest 72 months) and then my student loan that is about $6,300 (10.25 % interest). I am making the minimum payments on each right now. As of next month, I will have a little extra money to pay more. Which should I focus on paying off first?

Which should I try to pay off first: car or student loan?

Assuming that there is no penalty for paying off your car note early you may be better off paying that down first. Paying down the principal on your car note will save you more money in the long run because that is interest you can't get back.

The interest you are paying on your student loan is tax deductible if you are no longer a dependent. Because this interest helps to offset your tax burden (meaning more money in your pocket and not the governments) it isn't as painful of a debt for you to payoff.

Which should I try to pay off first: car or student loan?

Car Loan Guide: http://carloanguide.automobile... Report It

Which should I try to pay off first: car or student loan?

Student loan, it has the higher interest rate.

Which should I try to pay off first: car or student loan?

Your car because you need your car to get around in.

Which should I try to pay off first: car or student loan?

The student loan, because it is the one with the higher interest (the faster you pay it off, the less interest you pay) and because it's the smallest, so as soon as you pay it off, you can apply that payment to the car.

Good luck!

Which should I try to pay off first: car or student loan?

Pay off the student loan, it is a smaller amount and a higher interest rate.

Which should I try to pay off first: car or student loan?

Pay off the student loan. It has a higher interest rate and it is quicker to pay off, so the money you WERE paying on it could go to something else (like paying off the car)....

Which should I try to pay off first: car or student loan?

Student loan. It has nothing to do with the interest rate. It is the lowest balance.

Which should I try to pay off first: car or student loan?

It is never a question. Always pay the debt with the highest interest rate off first because it costs YOU less.

Which should I try to pay off first: car or student loan?

Well defenetly pay off the loan you can pay a little less with your car and pay later but the bank probably wants that money now! :)

Which should I try to pay off first: car or student loan?

You always want to pay down the one with the highest interest rate first

Which should I try to pay off first: car or student loan?

Pay off the car first! The interest from the student loan is tax deductible so that interest may actually help you instead of hurting you like the car interest does. When you file your taxes you will see why this is the better choice.

Which should I try to pay off first: car or student loan?

Student loan

Which should I try to pay off first: car or student loan?

pay off the car first. with student loans you can write off the interest paid on taxes. car loans are looked at just another loan.

Which should I try to pay off first: car or student loan?

Car.

Student loan interest is DEDUCTIBLE....

Can a lein be placed on your home in the state of Texas for Student Loan Debt?

Can a student loan debt collecter put a lein on a person's house in the state of TX?

Can a lein be placed on your home in the state of Texas for Student Loan Debt?

No. In Texas, a homestead cannot be taken to pay a debt, including defaulted student loans, except for debts taken for the purchase of the home, for home improvements, for home equity loans, or to pay certain taxes.

Wages may be garnished, however, to pay for, among other things, defaulted student loans.

Can a lein be placed on your home in the state of Texas for Student Loan Debt?

no

My friend is trying to get a car loan but the interest rate is 21%. He had a past due student loan t

paid off. What can he do to get a better car rate? What can he do to get his student loan default off his credit report?

My friend is trying to get a car loan but the interest rate is 21%. He had a past due student loan that he?

He can Triad or Roadloans.com for a different rate. He should get a copy of his credit report and, if the loan is still showing up, he needs to contact the institution that gave him the loan to have them remove it, and copy the credit reporting company as well.

My friend is trying to get a car loan but the interest rate is 21%. He had a past due student loan that he?

He has to go to the credit bureau (Equifax?) with proof that the amount was settled and have them rectify the record.

Toodles.

My friend is trying to get a car loan but the interest rate is 21%. He had a past due student loan that he?

You usually can't get something correct removed from your credit report - most companies that claim to do so are frauds and might just take your money and do nothing. Still, even with bad credit I think he can do better than 21% if he shops around more places for the loan.

My friend is trying to get a car loan but the interest rate is 21%. He had a past due student loan that he?

Nothing. Wait a year for his score to go up. Best advice is to go to a used car place and get a lower price car for now. Stay away from large car dealerships....negotiate total price not a monthly payment..

My friend is trying to get a car loan but the interest rate is 21%. He had a past due student loan that he?

Ask him to buy a BIKE if thats suitable in your climatic conditions, or use the public transport...its lots of savingg by using public transport anyways..

My friend is trying to get a car loan but the interest rate is 21%. He had a past due student loan that he?

Shop around for a better rate (most credit cards have a better rate than that!). He is getting ripped off!

Only time can erase a bad debt, but his credit report should also show that he paid it off eventually. Twenty one percent is unreasonable!

My friend is trying to get a car loan but the interest rate is 21%. He had a past due student loan that he?

He needs to save up the cash to buy a car. It may not be the car he wants but he'll be better off than paying 21%!!!

If the student loan is paid off though he was late on it, only time can heal that wound. It could be up to 10 years before it drops off. He (and everyone else) is better off paying cash for a car than financing a depreciating %26quot;asset%26quot;.

Everyone should have a savings/investment account that they put money into every month (as if they had a car payment) so that when it's time to replace the car, the cash is there. Seem impossible? Then people are buying TOO MUCH car.

My friend is trying to get a car loan but the interest rate is 21%. He had a past due student loan that he?

that is too high

My friend is trying to get a car loan but the interest rate is 21%. He had a past due student loan that he?

I would not buy any car if the best rate they had was 21%. You'll NEVER get it paid off.

Save up and buy an older car with cash. He can get a junker for around $1k if he looks around.

In the meantime, pay off any outstanding debts. Work hard on paying any new bills immediately.

You say he defaulted on his loan and then you said it's paid off. If his credit is that bad, I'm thinking he did default (not paid off). He needs to settle this old debt.

He would benefit from some books and classes on money management. He needs to learn to seperate what he %26quot;wants%26quot; from what he %26quot;needs%26quot;. I see the problem here not being the credit score he has today but his long-term tendency to manage money/credit poorly and to overextend himself.

My friend is trying to get a car loan but the interest rate is 21%. He had a past due student loan that he?

Try apply at Capital One online. They have the lowest rates. Once approved, they will send you a check to use at the dealer. You can use that check to negotiate with dealer for lower rate because if you get a better rate, you can tear up that check and not owe Capital One anything. I took mine to the dealer to try to negotiate and, even before they ask me what rate I have, they flat out told me they can't compete with Capital One.

Good luck!

My friend is trying to get a car loan but the interest rate is 21%. He had a past due student loan that he?

he's getting 21% due to the age of the car. Get the car, make some payments (6-9 mo.), and refinance it. In the mean time, go to equifax, experian, and transunion.coms, and dispute the account. the lender will have to prove the delinquence within 30 days. most of the time they won't, and it will come off the credit bureaus.

I am a finance manager at a dealership, and I have done this for myself before.

My friend is trying to get a car loan but the interest rate is 21%. He had a past due student loan that he?

He can try to get refinanced at http://www.lendingtree.com/.

As far as the student loan, he will either have to wait 7 years for the negative rating to go off or start the dispute process. He could go through a credit repair service to help him.

My friend is trying to get a car loan but the interest rate is 21%. He had a past due student loan that he?

Some companies are specialized in loans for people with a bad credit score.

Good luck !

Is anyone who attended a school that w/ bankrupt and still owes on the student loan? I didnt get to

I didnt finish my classes because the school closed with no notice. Now I still am being charged for the student loan in full. At Watterson College in Oxnard, Ca. 1995 or so.

Is anyone who attended a school that w/ bankrupt and still owes on the student loan? I didnt get to fini?

I *believe* that may be grounds for dismissal of the loan. Check out the federal website.

http://studentaid.ed.gov/students/public...

Is anyone who attended a school that w/ bankrupt and still owes on the student loan? I didnt get to fini?

I would consult a Lawyer on this..also maybe get a bunch of others that attended the college with you and then you could make it a class action lawsuit w/ alot of backers.

When employer say tution reimbursement on their benfit package , does that include my student loan i

i was offered a job and in their benefit package they have tution reimbursement and i took a student loan to finance my associate degree,and i will be woking in the same field. My loan is 15 year payment plan with a monthly payments of 200 dollars.will my employer be paying my payments?? even if i pay out of my pocket is it tax deductible??

When employer say tution reimbursement on their benfit package , does that include my student loan i took ?

Usually what this means is that if you take a class or training that will enhance your ability to do your job and be a benefit to the company, they will reimburse you for it. It has to be approved by your boss and human resources before it begins. If you already have a student loan going they are not going to pay it for you. They obviously hired you for you job because your current education was adequate.

When employer say tution reimbursement on their benfit package , does that include my student loan i took ?

Tuition remission only covers the schooling you are getting while work for them, not previous loans.

When employer say tution reimbursement on their benfit package , does that include my student loan i took ?

Unfortunately, those are only answers that the employer can answer .. and your tax preparer. My opinion ? I doubt that your new employer will take on a loan you have already acted on BEFORE you were employed with them. It usually means that they will reimburse you for courses that you take AFTER you have started your position with them. I have never heard of it being retroactive. However, it never hurts to ask. I doubt it is tax deductible .. but that question can only truely be answered by your tax preparer. Good luck !! :)

When employer say tution reimbursement on their benfit package , does that include my student loan i took ?

the only reimbrusement you are going to get for previous employment is the fact that they are going to PAY YOU.

REimbursement is for training/schooling you participate in while employed by the organization

When employer say tution reimbursement on their benfit package , does that include my student loan i took ?

Tuition reimbursement usually only covers the expense incurred after the company has hired you. Contact the human resources office of the company for the particulars, maybe you can negotiate such a payment from the company.

Most likely not. Continue your education and the company will more than likely cover that.

Education has in deed become so very expensive. See a tax consult about the tax implications.

Good luck

When employer say tution reimbursement on their benfit package , does that include my student loan i took ?

sweet smile had the correct answer, I am an employeer that offers that and she is right

What would be the chances of me getting a $8,000 loan from the bank for a used car? im a student...?

forgot to mention this. I have a job and ive had it for over a year now... sorry didnt mention that

so im a student and im currently attending Onondaga community college part time and I will be full time in the fall. I am scared to death of accumulating student loans and not having a part time job and/or not being able to pay for stuff because i wont have a job (i need transportation for a job, and the bus just doesnt cut it for speed... I need a vehicle). now the problem is that I have almost no credit (I have a little, I just got a credit card 2 months ago, its a 250 dollar limit and its not cosigned. so far ive paid off 500-600 dollars worth of items on it, I pay them online thus i didnt have to wait for the bill, thats how i spend over my limit). im looking for the loan to be 2-3 years... is that even possible??? any information would be helpful thanks... oh also im using a federal credit union not a bank really...

What would be the chances of me getting a $8,000 loan from the bank for a used car? im a student...?

You might have a tough time with limited credit history. However, you mentioned that you are looking to get the loan from a credit union -- if this is the credit union where you do your banking, and your history on these accounts are good, you may have a chance. Income and job stability are also considerations -- if you have at least a one-year history at your part time job and you bank at the credit union, you may have a chance.

What would be the chances of me getting a $8,000 loan from the bank for a used car? im a student...?

1:3 ratio

What would be the chances of me getting a $8,000 loan from the bank for a used car? im a student...?

man you have 30/70 chance %26lt;very small chance), that you can obtain a loan.

try, ask. but beware since you almost have no credit history, you percentage RATE will be high.

best of luck

What's a good number for a credit score that would enable a student to get a privte student loa

I want to borrow a private student loan, but I need to know the credit score needed so that I don't waste my time applying only to be denied. Winner gets 10 points plus 2 points for signing to Yahoo Q%26amp;A

What's a good number for a credit score that would enable a student to get a privte student loan?

I think that student loans are usually determined on a different scales than a conventional loan. Unless you have poor credit; meaning several bad accounts on your credit report; I don't think you would have any difficulty in getting a student loan. GOOD LUCK

What's a good number for a credit score that would enable a student to get a privte student loan?

anywhere above 620 the higher the better.

What's a good number for a credit score that would enable a student to get a privte student loan?

above 650

What's a good number for a credit score that would enable a student to get a privte student loan?

It's up to the cost where are you studying..

I'm being sued for a med bill,I just got a student loan and now they want to take that money, i

I am a full time student and am unemployed, I owe $14,000 and fully intend to pay this as soon as I'm done with school and have sent a letter to them stating my situation. But I just recieved the subpoena and I can't understand half the legal jargan they use, all I could get from it is that they know that I recieved the student loan and are threatening jail time for non payment. I don't know if I should get an attourney or just file bankruptcy. If I lose my student loan I can't finish school, I'm freaking out! help! thanks all

I'm being sued for a med bill,I just got a student loan and now they want to take that money, is this legal?

I'm a bit shocked that you received an actual subpoena - are you sure it's legal or is it just some collection agency trying to scare you? In either case, if you owe money it's your responsibility to work out a plan with the person/place your in debt with. You can't just decide you're going to pay it off... someday. If the subpoena is real, then consult an attorney.

I'm being sued for a med bill,I just got a student loan and now they want to take that money, is this legal?

It depends largely on the state you're in, but I am fairly sure no matter where you are, that they can't put you in jail.

I'm being sued for a med bill,I just got a student loan and now they want to take that money, is this legal?

I would seek legal council. I don't think they can do that. You can be jailed for failure to appear in court. But as far as garnishing a student loan I am almost positive they can't do that.

I wouldn't file bankruptcy. I would talk to a lawyer first. Most times hospitals get the owed money back as a tax write off.

I'm being sued for a med bill,I just got a student loan and now they want to take that money, is this legal?

Just get a job and send them $25 a month. They can't mess with after that.

I'm being sued for a med bill,I just got a student loan and now they want to take that money, is this legal?

In most situations, the worst they can do is put an adverse notation on your credit report. If you call a debt counseling service, they can almost always intercede on your behalf and negotiate with the creditor (i.e., the hospital). If you refuse to pay, they can sue you in court in a debt collection action. However, if you retain an attorney and explain the situation, the judge may allow you to keep your student loan money. You should look into low-income legal services organizations that represent people in debt collection actions for free if they are below a certain income threshold.

I'm being sued for a med bill,I just got a student loan and now they want to take that money, is this legal?

You didn't say where you are located but if its the US then you won't be going to jail over non-payment of a medical bill.

BTW, were you served or is this just some document claiming to be legally binding? Sounds like the typical lies of a collection agency.

I know what I would do.

1. Pay my tuition right now.

2. Write a letter to the source of the threat informing them that any further contact will be considered harassment. Get delivery with a signature and save it in case they keep bothering you.

I'm being sued for a med bill,I just got a student loan and now they want to take that money, is this legal?

If it is a hospital..see if they have patient assistance help. you will not go to jail,

I'm being sued for a med bill,I just got a student loan and now they want to take that money, is this legal?

No, they cannot give you jail time for an unpaid bill, but they can take you to court and demand payment and a judge can set an amount. Since you are not employed and only living on a student loan, I doubt they can take it since it is only a loan and not a source of income to garnish, such as a paycheck. I would send them what you can a month in the form of a money order and keep the stub from it. Even if all you can afford is $20 a month, it will show the judge that you are making an attempt to make a payment towards the money you owe if it ends up in court. If the place where you owe the medical bill refuses to accept your payment just because it is small, that can be used against them in court and they may end up with nothing. I would also contact an attorney if you can or call legal services just for advice.

I'm being sued for a med bill,I just got a student loan and now they want to take that money, is this legal?

let that attorney look at that letter and he can break some that

legal mess that in the letter and he can tell you what can happen.

I'm being sued for a med bill,I just got a student loan and now they want to take that money, is this legal?

Hi There,

No , No and NO...........They cannot take your student loan , They are %26quot;Bully%26quot; want you to paid they want to scare you and they did........ You can ask for help graciously , You have in the States different organisms that look after those matters I do not know their name but try maybe legal Aid or look for a Society that arrange debs ! They will help and advice.. Good luck

I'm being sued for a med bill,I just got a student loan and now they want to take that money, is this legal?

They are threatining you. A med bill cannot have you put in jail. Get a lawyer

I'm being sued for a med bill,I just got a student loan and now they want to take that money, is this legal?

You should move the United States where people don't go to jail for nonpayment of medical bills.

I'm being sued for a med bill,I just got a student loan and now they want to take that money, is this legal?

Number one, you can't be jailed in the U.S. for a debt.

Take this so called subpoena to your local courthouse and ask a clerk to let you read the file on this case. I suspect that what you received is not really a subpoena. By checking the court file against the number on the subpoena will tell you a great deal.

BTW, was this %26quot;subpoena%26quot; served by a police officer/deputy? In most states these have to be served by law enforcement. Some states do allow private servers, and there are businesses that do just that. Or did this %26quot;subpoena%26quot; come by mail?

Sounds to me like this is an aggressive collection agency, nothing more.

I'm being sued for a med bill,I just got a student loan and now they want to take that money, is this legal?

You received a subpoena from someone threatening to sue you? As summons is what is used to serve notice of suit on a party being sued. A subpoena is used to make a witness appear to testify either at trial, a hearing, or a deposition. Were you served by a process server or did you receive it in the mail? You are supposed to be served (in some form - the requirements for service vary by state).

They are threatening to jail you if you do not pay? That violates the U.s. Constitution - no lawyer should ever send such a demand.

It sounds like a collection agency just violated the Fair Debt Collections Act. Consult an attorney. You can find one at the link below.

I'm an attorney

What is the easiest way to get a certificate of satisfaction once you have paid off your student loa

Have paid my student loan off recently and been told that I would be sent a letter of satisfaction from the Student Loans company saying that I had paid my debt off. Am having trouble trying to get this at the moment and wanted to know if anyone knew of an efficient / quick way of getting it.

What is the easiest way to get a certificate of satisfaction once you have paid off your student loan?

WRITE /EMAIL THE CHAIR MANS OFFICE OF THE COMPANY , THEY HAVE TO RESPOND IN 14 DAYS

THAT'S THE BANKING AND LOANS CHARTER

What is the easiest way to get a certificate of satisfaction once you have paid off your student loan?

Go with a man (or woman, depending on your preference/sex) and speak to them nicely afterwards.

What is the easiest way to get a certificate of satisfaction once you have paid off your student loan?

Write to them nicely asking them for proof of repayment (a certificate of satisfaction relates to a CCJ). Just a simple letter will do.

Send it recorded delivery as it will have to be signed for. Once received they have 14 days to honour your request.

If nothing arrives after 14 days, get shirty, threaten legal action etc.

Alternatively, wait 28 days and apply for your credit report from Equifax. This should then show the account as settled.

What is the easiest way to get a certificate of satisfaction once you have paid off your student loan?

Write to the company and ask them to send you the letter of satisfaction. Tell them that you expect a response within 14 days. Also, if you look at your credit file, you should already have this shown on your credit file. In any case, the student loans company should write you to confirm this.

I live in Montana. Am I in anyway responsible for my husband's student loan that is 20+ years o

My spouse and I married in 10/2004. I just found out he owes a defaulted student loan. Can they take my wages? Do I owe this if he should die?

I live in Montana. Am I in anyway responsible for my husband's student loan that is 20+ years old?

If you file joint taxes, they can take the whole return.

Also, any creditor either of you have, can come after the other party if one were to die.

I live in Montana. Am I in anyway responsible for my husband's student loan that is 20+ years old?

I'm not 100% positive on the answer but I doubt that you are responsible for his loan. Your name is not associated with it. So, they won't garnish your wages. However, if you file a joint tax return they can and will take the money from your income tax refund since his name is on the refund also. I've known several people who have had their refunds taken by the government to repay their student loans. I'm surprised they haven't done that to your husband yet. I don't know the answer if you're responsible for his debt should he die. I do know that most times the spouses debts do fall to the surviving spouse to pay after death but I don't know how it pertains to student loans.

I live in Montana. Am I in anyway responsible for my husband's student loan that is 20+ years old?

You need to check on the loan, if he defaulted and it is still within statute to collect, he owe it.

If it is out of statute, you must answer a request for payment. If it is beyond statute, you can write them and tell them they have no right to collect the debt. If it is a valid debt, you married him, you married the debt.

You need to check it out.

I live in Montana. Am I in anyway responsible for my husband's student loan that is 20+ years old?

If he dies, you aren't responsible for paying it back.

See link here: (don't do anything rash, ok?) ;0)

http://www.ed.gov/offices/OSFAP/DCS/loan...

If you file joint taxes, they will take any refunds he gets. I wouldn't count on that 600 per person refund in May. Sounds like you need to have a serious talk with your spouse about him getting a second job so this doesn't effect you and your kids. They won't take your wages, but they can take his.

Good luck

Does anyone know anything about legal rights of confidentiality when it comes to student loan accoun

Recently my student loan company contacted my house and my roommate answered the phone. The agent discussed personal and explicit details of my account with my roommate (who has no relation to me, nor access to personal information such as my SSN) while leaving a message for me. I could be wrong, but I don't think they can do that, can they? I am a resident of Iowa now, and that is where my school was located, so I'm not sure of the state laws or federal laws. I looked into the better buisness bureau, but they only cover sales transactions, so if anyone can let me know if I have a right to do something about this and who I could contact that would be great.

Does anyone know anything about legal rights of confidentiality when it comes to student loan accounts?

According to the FDCPA... federal debt collections practices act, the only info collectors can obtain from anyone other than you is to verify if you still live at such and such adress, do you still work at so and sos, is your phone number???

They can NOT discuss your bill with anyone other than you!

Does anyone know anything about legal rights of confidentiality when it comes to student loan accounts?

I don't think that is legal unless your roommate was able to verify your identity. I would contact your local government consumer affairs board to get better details.

Does anyone know anything about legal rights of confidentiality when it comes to student loan accounts?

I really don't think that is legal. I don't know the specific laws either, but I also have student loans, and I was having issues with getting them consolidated. The agents wouldn't even discuss anything with my husband, until I had verified my identify with them first, and then gave them my authorization that it OK for them to discuss information with him as well.

I have a credit score of 637. Will I qualify for a private student loan?

I have a job lined up for January of 2008 with an investment banking firm in NYC. I have one semester left at a private university (tuition=17k). I'm trying to figure out a way to finance my remaining semester and federal money won't cover it. I was wondering if you knew of any private lenders that may approve me for a private student loan without a cosigner (I don't know of anyone with good credit who can cosign).

I have a credit score of 637. Will I qualify for a private student loan?

You should find one here : http://index-go.com/student-loans-financ...

Good luck !

I have a credit score of 637. Will I qualify for a private student loan?

Try SallieMae.com they did my loan and my credit was worse than yours. GOOD LUCK ON YOUR FUTURE AND THE LOAN!

I have a credit score of 637. Will I qualify for a private student loan?

Check with your state's scholarship and grants office to see if it offers a private educational loans. These are usually available at a much lower interest rate than the average private educational loan. In lieu of that, I would recommend you look at one of the following. They give excellent service and offer loans to students without a cosigner, albeit at a slightly higher interest rate.

I have a credit score of 637. Will I qualify for a private student loan?

I don't know about giving personal information to these guys on here. Banks do student loans and 637 is pretty good. Maybe you can look for a job starting at one of these places that has tuition assistance also. That might be another start. Oh, sorry, I see you have a job lined up maybe they have tuition assistance.

Do i have to write a check to pay off my student loan?

my student loan went in default and i have to make payments to get it out. however, i don't like to give my checking account information. i prefer to either use a money order or make some type of payment online. they say they only do checking accounts. can i fight this??

Do i have to write a check to pay off my student loan?

no

Do i have to write a check to pay off my student loan?

Chances are, if you are in default, that is why they are limiting your ability to be able to pay by only using a checking account. I understand your reservations about giving out checking information, but it is the government (I'm assuming it's a government loan) and honestly, they could get that information one way or another, regardless of whether or not you want to give it to them. So, you might as well do it. I do online payments, taken directly out of my checking account. I'm not sure if they even offer any other type of payment, regardless of whether or not you are in default.

Do i have to write a check to pay off my student loan?

Unfortunately you will have to repay it on their terms. Giving your checking info to an agency collecting on your student loans is actually pretty safe. The collection agency earned the right to collect on these loans based on their reputation. Any company that would abuse someones checking info probably wouldn't be in business very long and definitely wouldn't be collecting on a federal debt.

I have a feeling that someone is intercepting my mail to pay my student loan,what actions should I t

due to harrassment for personal reasons, my student loan mail payment is not getting to the company, citi bank.For the last 2 months my payments have not been posted as paid. what actions should I take to find out why my payments are not being posted? I have the proof that I purchased the money

orders, an this is the second time it has happend, I went thru all the proper procedures of mailing my payment.an still nothing what do I need to find out what is going on?

I have a feeling that someone is intercepting my mail to pay my student loan,what actions should I take?

You could set up an electronic payment. You will likely get a reduction in your interest rate for doing this too.

You should also make a formal complaint with the Postal Service. There are actually investigators who will check into your situation. If they find wrong doing the offender will be arrested and prosecuted. Postal Inspectors take their job seriously, believe it or not.

I have a feeling that someone is intercepting my mail to pay my student loan,what actions should I take?

let em pay it and smile lol

I have a feeling that someone is intercepting my mail to pay my student loan,what actions should I take?

How could anyone be intercepting your mail? Are you mailing it from your own mailbox, as we do in the suburbs? If not, no one could intercept you mail from the entire U.S. Postal system.

Why not just get on a regular payment plan? Can't they just charge your credit card each month? If not, you can instruct your bank to make the payments.

If all else fails, have someone else mail your checks. They could put their own return address on the envelopes so there is no external evidence they came from you.

I have a feeling that someone is intercepting my mail to pay my student loan,what actions should I take?

CitiBank sucks.

I have a feeling that someone is intercepting my mail to pay my student loan,what actions should I take?

Check who changed the money orders.

Also take a look there, it may help you :

http://index-go.com/improve-credit-score...

Good luck !

Can employeer instead of bonus as taxable income make nontaxable deposit against employee student lo

If before taxes the bonus is 10K and after taxes the bonus is 5.5K, but the person would like the 10K deposited directly against their student loan account without taking possesion of the money. Is this allowed? Thanks.

Can employeer instead of bonus as taxable income make nontaxable deposit against employee student loan account

Any student loan cancellation programs has to be formal, set up a head of time and be a condition of employment.

What you describe won't count. It's fully taxable.

Can employeer instead of bonus as taxable income make nontaxable deposit against employee student loan account

It would still be taxable income - so no, that won't work.

Can employeer instead of bonus as taxable income make nontaxable deposit against employee student loan account

It not only is fully taxable, it is also subject to FICA

Can i get financial aid if i havent paid my first student loan ?

i want to get financial aid for school and i havent paid off my 1st student loan and i want to get money i dont have to pay back

Can i get financial aid if i havent paid my first student loan ?

Grants, Is the way to go. There are lots of grant out there you have to apply for many just to land a few. FREE MONEY, look

into it. Don't give up if you hit a few walls. I get them all the time.

Can i get financial aid if i havent paid my first student loan ?

As long as your student loan is in good standing you can still qualify for federal GRANTS. That's what you're wanting. You'll just have to ask the school you're wanting to get into what grants are available. Know that grants are primarily available based on income requirements. You can't make a certain amount of income.

Can i get financial aid if i havent paid my first student loan ?

As long as you are not in default and you do not have a bachelor's degree already you can still apply for grants by completing the FAFSA. Income will be a factor so hopefully you qualify otherwise look for private scholarships at www.fastweb.com or www.scholarships.com

How many times you would qualify for an interest relief on the goventment student loan? is it 3?

-How can I reduce my student loan of 24K. Please answer.

How many times you would qualify for an interest relief on the goventment student loan? is it 3?

Are you talking about lowering your interest rate or claiming the interest you've paid for your tax returns?

I am going to Private college next year, will I be still able to get student loan?

Does it matter if its a govern college or private college?

I don't have that much money for my college, and I was really hoping to get a student loan, but now I am thinking about this govern and private thing. Plz let me know.

I am going for dental hygine and here is all the financial information, its soooo much :(

Application Fee* (submitted with application)

75.00

Testing Fee* (submitted with application)

75.00

Tuition Deposit (due at registration appointment)

1,500.00

Tuition Payment* (due on Orientation Day)

14,000.00

Materials Package* (due on Orientation Day)

3 200.00

Tuition Payment (due 3 months from commencement of program)

10,500.00

TOTAL

29,350.00

Look at the TOTAL!!!!

:(

I am going to Private college next year, will I be still able to get student loan?

If this school is recognized by the Dept of Education to receive federal funds then yes, you can get federal grants and loans if you qualify. But remember, a school this cost you will have to take out federal loans and private loans to attend because the feds put a limit on the max amount you can borrow per year. (See limits in attached publication).

Two types of loans. Federal (good interest rates, no cosigner, no credit check) and Private (substandard interest rates and high destination fees, credit check and cosigners).

PS: $30,000 for dental hygiene? My goodness. You might consider attending a local community college. It will be 1/10th the cost.

I am going to Private college next year, will I be still able to get student loan?

in ontario u can

What is the lowest lump sum payment a collection agency will accept on an old $3000 student loan?

I am negotiating with a collection agency on a 7 year old $3,000 student loan. They will accept a lump sum payment and want me to suggest a pay off amount and they will counter offer. I would like to know what the lowest amount a collection agency would likely accept? Any one who has worked in the collections industry would probably know this.

What is the lowest lump sum payment a collection agency will accept on an old $3000 student loan?

they usually negotiate down upto 40% of the amount/

What is the lowest lump sum payment a collection agency will accept on an old $3000 student loan?

They will accept 1200 dollars.

What is the lowest lump sum payment a collection agency will accept on an old $3000 student loan?

if you say i pay now ill pay 50% and then its all done

How do I go about taking out a student loan?

I attend the University of Phoenix online. I really need a laptop because I don't have a computer at home and I always have to go to the library to do my work. I was thinking about taking out a student loan. How do I go about doing that

How do I go about taking out a student loan?

You have to apply for one. If you havent already check into a pell grant. they are free, dont have to be paid back. And almost everyone is entitled to one, I received one for $1700.00. just contact the financial aid office at University of Phoenix, they can provide you with the paper work. good luck

Can a creditor garnish my wages if I had a loan from 2001 that is not a student loan, but used for s

I got a phone call today from a creditor stating that they were going to garnish my wages if I don't pay this. I have never gotten one bill for this and thought it was consolidated with my student loans, but confirmed that it was a personal loan. I don't know where to go with this. It was taken out in 2001 and some people are telling me to wait the seven years and it will drop off and others are saying that they can garnish my wages. One credit bureau shows this under positive history and the other shows negative. Please help!!!!

Can a creditor garnish my wages if I had a loan from 2001 that is not a student loan, but used for school?

They may be rigth, but you'll be able to manage something because the loan is so old.

Make them a final offer. 25% of the loan, cash, today. They should accept. Make sure you talk directly to the lender, as a lot of collection companies are buying old debts and try to collect them. They'll never go in court because it doesn't worth it.

Good luck !

Can a creditor garnish my wages if I had a loan from 2001 that is not a student loan, but used for school?

If it was a legitimate loan that you actually took and didn't pay, then yes they can sue you for it, and if they get a judgement, can garnish your wages.

Can a creditor garnish my wages if I had a loan from 2001 that is not a student loan, but used for school?

Garnishment requires receiving a judgement that can be submitted to the employer. If you did not reply to anything in the past and they sought a judgement that you did not show up to contest, they might be able to do this.

Can a creditor garnish my wages if I had a loan from 2001 that is not a student loan, but used for school?

Any creditor can arrange to garnish your wages if they go through the right legal process. Sometimes they're just threatening but sometimes they mean business. Try to find a good credit bureau that will help you mediate or negotiate with this creditor (and any others you may not know about).

Look for %26quot;credit counselling%26quot; or %26quot;debt management%26quot; services in your area, wherever that is. They can help you arrange reasonable (affordable) payments and avoid wage garnishment.

Why AES is using a higher 3 month LIBOR for my student loan?

My student loan which has a variable rate 3 month LIBOR + 2.75% is administrated by AES. Every source says that 3 month LIBOR is now around 3.24%, was 4.73% one month ago and 4.96% three months ago. BUT AES use 5.24% to calculate my interest. They don't want to recognize the wrongdoing. Please tell me what should I do. Thank you.

Why AES is using a higher 3 month LIBOR for my student loan?

I would like to recommend you some useful infomation here.http://studentloan.online-helpers.info/c...

Aple.org - Teacher student loan repay program??

Anyone used this? How does it work? I am currently getting my credential and working on an emergency credential. I see that if you work four years after getting your credential, they will help you pay back your student loans. What I'm wondering is: can I count the time worked during my credential program? What happens if I quit before the four years is up? Also, does part time work count?

Aple.org - Teacher student loan repay program??

Before you really make a decision based on this, I would read the fine print and talk with someone who really understands it. Most the time, these programs cheat you in the end by only paying back perkin loans (which most people only have like 2000 dollars at most in perkin loans). I work in a low income area, and will get nothing, and my roommate tried it for 5 years before she found out that she could get nothing because she got a masters degree- (how that messes everything up, we still don't know)- but don't choose a place because some school clerk told you you'll get the money- check very close your circumstance with someone very familar because they often try to get out of paying it.

Aple.org - Teacher student loan repay program??

I believe the contract is to teach at a low performance school for 5 years and the program pays yp to $19,000 in student loans. But it only pays for what they qualify you for. Not guranteed to pay all of it back. There is an application program. Sign up ASAP

Aple.org - Teacher student loan repay program??

If you have Perkins or FFELP loans (Stafford, PLUS or Consolidated) any servicer you have should be familiar with the Teacher Loan Forgiveness Program. I would not go through a shady company to get your loans repaid. I would go straight to the Department of Education's website and look it up yourself.

http://studentaid.ed.gov/PORTALSWebApp/s...

Typically you have to work for 5 years in a low income school (labeled At Risk) and then your loans are paid off. In some cases you can defer or put your loans into a forbearance until you are ready for them to be forgiven.

One thing I will caution you about, when the DOE forgives you loans, that money shows up on your taxes as taxable income and may throw your taxes off. A lot of people do not realize that and get shocked when figuring their taxes.

I would do your research on that company and make sure they are legit.

How can one get a college degree while paying off a huge student loan?

A friend contracted mononucleosis and didn't graduate. Now she's trying to pay off a big student loan but must work menial jobs due to not having a degree. She feels as though she'll never get the loan paid, even with low interest and consolidation. Any suggestions?

How can one get a college degree while paying off a huge student loan?

If you attend school at least 12 semester hours at an accredited school, the student loan provider should be able to defer the loans, even on a previously issued loan.

How can one get a college degree while paying off a huge student loan?

Usually while in school one can postpone payment on student loans, meaning if your friend goes back to school full time I believe she can defer payments. I am currently working on my master's and I defered my payments of my loan until after I am done.

How can one get a college degree while paying off a huge student loan?

If her doctor could of written off a temp disability form she could of postponed the loans.