Here are the best articles from around the web this week talking about student loans… For the week ending Friday August 2, 2013 Student Loan News: 1. House approves lower rates on student loans: The House of Representatives passed a bipartisan bill Wednesday to roll back a July 1 jump in student loan interest rates and [...]
When it comes to bad credit student loan consolidation, federal loan programs are, in most cases, the best way to go. Legitimate private lenders across the board, such as banks, require good credit from their borrowers in order to ensure competitive interest rates, and most private lenders will not even consider those borrowers who have a bad or no credit history. Unlike these private lenders, the government does not seek to turn a profit from their student loan consolidations and there are several federal loan consolidation programs that do not require credit history checks. […]
The cost of going to college can be daunting sometimes. With so many expenses, from tuition to textbooks, it can be hard to pay for loans. Luckily, the federal government offers student loans that make paying for college a little easier. What is a Stafford Student Loan? A Stafford student loan is awarded by the Department of Education. These loans have low interest rates, and do not require the borrower to be creditworthy. […]
Stafford loan are fixed rate student loans specifically for undergraduate students in universities or colleges and are participating in direct loan program. This kind of loan can be used in tuition payment and also other eligible school expenses. The loan is not based on credit. The student loan can be subsidized or unsubsidized it depending on the financial needs. […]