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 [...]
in Private Student Loans, Student Loans,
by Jeff Bullock
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 [...]
in Private Student Loans, Student Loans,
by Jeff Bullock
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 [...]
in Graduate Loans, Student Loans,
by Jeff Bullock
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 any rhyme or reason, you should first understand that there are four major categories of graduate student loans that you may want to consider: Federal [...]
in Student Loans,
by Jeff Bullock
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 [...]
in Repayment, Student Loans,
by Jeff Bullock
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 [...]
in Repayment, Student Loans,
by Jeff Bullock
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 [...]
in Repayment, Student Loans,
by Jeff Bullock
Forbearance is a way you can go about postponing your student loan payment, and it 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 forbearance does. This means that over the long-run a forbearance [...]
in Repayment, Student Loans,
by Jeff Bullock
Deferment is a way you can postpone when you have to make a payment on your student loans. It works as long as the lender of your loan is willing to grant you such a postponement, and is typically a more prevalent option for federal student loan debt. This is because federal education loans inherently [...]
in Repayment, Student Loans,
by Jeff Bullock
Getting student loans discharged via a bankruptcy proceeding is very difficult, if not an impossible task. This is because the bankruptcy laws that govern how student loans are handled in bankruptcy were changed as a result of a new bankruptcy law that passed in 2005. Now you must prove to a court that having to [...]