loans

What Loan company will take over my federal student loans when the loans are in default?
Q. What Loan company will take over my federal student loans when the loans are in default so I can go back to school? My loans are government loans from Saillie Mae. I owe them under $5000. I heard about this company that will take over your school loans from them but I don't know the name of the company. I am at the point where I can't get a federal student loan until I pay this off.
Asked by Dat_1_Chiq - Tue Aug 26 09:58:19 2008 - - 2 Answers - 2 Comments

A. When your federal educational loans are in default, you have several options: You can repay the loan in full. You can negotiate a new payment plan with your lender. You can "rehabilitate" your loan. You can consolidate your loan. Obviously option one is rarely attractive or possible for defaulted borrowers. Option two (renegotiate) should be investigated fully - most borrowers skip this step, but it's probably the best option for most people. Call your lender and ask to speak to someone in the "Workout" Department. Explain your situation to them (there's nothing unusual about it) and ask what options are available to you for switching to a graduated, extended or income-sensitive repayment plan. If your lender will agree to change your… [cont.]
Answered by NotAnyoneYouKnow - Tue Aug 26 11:15:17 2008

How do I get loans for a masters degree?
Q. I want to get a masters degree in speech and language communciation development. I have my BS but deferred my federal loans due to permanent and total disability. Can I still get loans for a masters? Or a class here and there?
Asked by Kerri - Thu Mar 18 01:06:12 2010 - - 7 Answers - 0 Comments

A. Good day, I am Mr Lim Koh, a reputable, legitimate & an accredited money Lender. I loan money out to individuals in need of financial assistance. Do you have a bad credit or you are in need of money to pay bills? I want to use this medium to inform you that i render reliable beneficiary assistance as I'll be glad to offer you a loan. Services Rendered include: Refinance Home Improvement Inventor Loans Auto Loans Debt Consolidation Line of Credit Second Mortgage Business Loans Personal Loans International Loans Please write back if interested. limloansfirm23@yahoo.com Note;Even if you have a bad credit we can still give you loan,it will depends on your seriousness towards your loan request.
Answered by Lim Koh - Thu Mar 18 13:35:01 2010

What are the best ways to get student loans with a decent interest rate?
Q. I have been in community college for the first 2 years of my schooling so I have not had to take out any student loans yet. I have been applying for loans for this next semester and I have been getting really high interest rates. Some are over 15% which I feel is riduculous. I am 21 years old with good credit and I have used my parents as co-borrowers when applying. They do not have great credit and my dad makes too much money for me to get any government help, but they don't pay for anything. Where should I go for lower interest rate on loans? Also, what is a good amount to take out if I decide not to work next semester? Thanks! My parents are married so any information I use goes for both parents.
Asked by Nicole C - Mon Jun 18 21:41:56 2007 - - 4 Answers - 0 Comments

A. This is a pretty standard question. Without spending too much time in a financial aid office, there is plenty you can do get the process started. Start by going to and filling out the online form for federal student aid. After finding out what you are eligible for in terms of subsidized stafford loans, you can figure out if that is enough to finance your tuition and expenses. In most cases, it isn't. If you find that you need more money then you are offered, you may want to try a private student loan. The best thing to do is compare the different private lenders out there, which can be done at Most of the rates are very similar but do a little research and pick one that you think is best. I would suggest Think Financial. The… [cont.]
Answered by Geo - Tue Jun 19 10:42:27 2007