Private student loans can be referred to using a variety of nomenclature. Some of the more common terms that are used to refer to private student loans include fast, gap, easy, quick, signature, and alternative student loans. All of these names essentially play reference to private education loans, although each name has its unique background [...]

Uncertified student loans, also known as direct-to-consumer student loans, are private education loans that don’t have to be verified by your college in order to get an approval. Most private education loans require a school official to “certify” that the amount of the loan does not go over what is your cost of attendance minus [...]

Sallie Mae student loans include education loans that are provided by the company Sallie Mae. Before the Student Aid and Fiscal Responsibility Act was signed into law in 2010, Sallie Mae served as a lender for both federal and private student loans. Now they are only able to provide private student loans due to the [...]

Graduate student loans can provide you with the money you need to pay for your graduate or professional school education, and before you haphazardly go about applying to lenders without rhyme or reason, you should first understand that there are four major categories of graduate student loans that you may want to consider taking out. [...]

You can still get a student loan when you have bad credit, or no credit if you know how to approach this process from a correct perspective, and the real key is to first apply for federal student loans via the FAFSA before looking for any sort of private aid. Most federal student loans are [...]

AES student loans are essentially any student loan that is serviced by the company American Education Services. AES doesn’t act as a lender for any student loan, and rather acts as a servicer for a wide-variety of education loans, including various FFELP loans, and numerous private student loans. As a student loan servicer, AES collects [...]

Student loan delinquency describes what happens when you fall behind on your repayments and your account is no longer current. So for example if you don’t make your payments for a couple of months the lender of your loan may label your account as “delinquent”, which is basically a way of saying that you owe [...]

Besides deferment, and forbearance, there are still other options you have available to you when you cannot, or are having trouble making your current student loan payment. These payment adjustment options that can alter your payment amount, typically by a reduction, for a certain amount of time with regard to an appropriate reason, or methodology. [...]

Paying back student loans is not much different than paying back other forms of debt, although there are some subtle differences that are worth noting, such as the multitude of repayment benefits that typically come with most education loans. These repayment benefits range from deferment, and forbearance, all the way to the variety of payment [...]

Forbearance

Forbearance is a way you can go about postponing your student loan payment, and is not that much different than a deferment, except in one area. Deferments don’t capitalize the interest that accrues during the actual time that you delay the repayment term, a forbearances does. This means that over the long-run a forbearance will [...]