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What happens to the status of student loans if I transfer undergraduate schools?
Dec 30th
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?
Can student loans prevent you from leaving the US?
Dec 23rd
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.
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.
What does it mean when my student loans have a zero balance due to a claim?
Nov 24th
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?
Whats the best way to take over student loan payments from parents?
Oct 27th
When I attended college my student loans were put in my fathers name.
Now that I have graduated, I would like to take over the payments.
The loan company (Nelnet) won’t let us and say we have to either make payments to my parents or get a personal loan to cover it.
My husband and I are considering the latter.
Any advice??
How can I use my CC to make student loan payments?
Oct 26th
They say it would be like accruing debt to pay off debt. But how come I can use my CC to pay off auto loans, or mortgage? I wish I could use my CC to get cash back or miles while paying off my student loans
I have the money to make the payments cash, but I just want to get the rewards from making them through a credit card. I get nothing for using my checking account
How do student loans affect a mortgage applicaton?
Oct 18th
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?
How do student loans work? Once I start paying them back, do I have to pay back consistently?
Oct 8th
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 specialist can help me plan to take a student loan?
Sep 26th
Are there people that specialize in preparing, organizing, and knowing exactly what, how much, everything for a student loan. Some one like a financail adviser except for student loans?
How much per month is the average student loan payment?
Sep 6th
Is it usually a monthly bill? If so what could be considered the average monthly payment on student loans? Once I get my undergrad degree I plan to take a year off before I go to graduate school, and will start getting some of my bills that year off, and want to know what I’m looking at here. Any help would be appreciated. Thanks!
what are the consequences of paying only a percentage of my monthly student loan payment?
Aug 29th
For example: My monthly student loans are $500. I can only afford to pay $250 – $300. Can wages still be garnished? Will it reflect negatively on my credit, even though it’s a “good faith” attempt to pay a debt?