Loans Questions and Answers

lories_box asked: I recieved all my loans from one lender for 2 years. Do you think it is necessary or better to consolidate my loans?

fotophrk asked: I know you can’t usually include student loans in a bankruptcy, but what if a person files for chapter 7 and then wants to go back to school? Will they be able to get loans for school?

luciddream928 asked: I need to find someone to talk to about student loan consolidation, for both federal and private loans. What would be a good resource? I inquired at my bank but they don’t handle this.
I should add that I’m trying to get away from Sallie Mae, I heard a report on NPR about how [...]

blake asked: 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?

Cris H asked: 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.

sapphire_envy asked: I have heard of grants that the government will give you to pay off student loans as well as grants that you can use for a down payment on a house. What steps do I take to apply for these grants? Thanks in advance.
If you are a nay sayer please to [...]

zozosammy asked: I have tried to get a bad credit personal loan to consolidate all of these into one. Each paycheck I have to pay out $332 just to simply roll over my payday loans, I havent even begun paying them off. I barley make that much each paycheck to begin with. Does anyone know [...]

shavon asked: 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 [...]

alisa asked: I’m in the process of looking for personal loans. I need a little more than the pay day loan places. I was just wanting to get some more info on the process and the fees and what to avoid in this situation. Any helpful answer would be greatly appreciated!

Stephanie asked: I am making out my last will and testament and was curious about who becomes responsible for my student loans? Or my auto loan for that matter? Anyone know?