Posts Tagged ‘Student Loan’
Should I borrow excess student loan to pay high interest credit card debt now?
Posted in Online Loan on 03/17/2011 01:54 pm by
Mark M asked:
I am a graduate student and I am 33 years old. The only information I can locate is geared towards young students. I have a crippling amount of credit card debt but I am currently enrolled in a graduate program and I am eligible for enough excess student loan money to pay off the credit card debt. I realize this is simply “moving debt” but student loans are far more forgiving, can be delayed until after I graduate, and carry only a fraction of the interest rate. Why would I not borrow the maximum allowable amount on a student loan, and apply it towards high interest credit card debts now? Anyone have any ideas? Much appreciated!
Louis
I am a graduate student and I am 33 years old. The only information I can locate is geared towards young students. I have a crippling amount of credit card debt but I am currently enrolled in a graduate program and I am eligible for enough excess student loan money to pay off the credit card debt. I realize this is simply “moving debt” but student loans are far more forgiving, can be delayed until after I graduate, and carry only a fraction of the interest rate. Why would I not borrow the maximum allowable amount on a student loan, and apply it towards high interest credit card debts now? Anyone have any ideas? Much appreciated!
Louis
will credit card debt hurt my chances of getting a student loan?
Posted in Decisions on 03/08/2011 12:30 am by
Is a student loan considered good long-term debt?
Posted in Credit on 02/08/2011 08:46 pm by
Possibilities asked:
Is a student loan considered good long-term debt that making payments to will increase your credit? Or is it only things like houses and car loans?
Tyrone
Is a student loan considered good long-term debt that making payments to will increase your credit? Or is it only things like houses and car loans?
Tyrone
I am 19 with no credit history. Where can I get a reasonable loan to pay a student bursary/loan and other debt
Posted in Score 690 on 01/11/2011 02:24 pm by
bigmentalheid asked:
I need a loan of around £5000 to pay off a student loan/bursary and clear other debt, I’d rather get it all of my chest. My bank (Halifax) will not give me one with no credit history, other banks don’t offer loans to under 21′s.
Pauline
I need a loan of around £5000 to pay off a student loan/bursary and clear other debt, I’d rather get it all of my chest. My bank (Halifax) will not give me one with no credit history, other banks don’t offer loans to under 21′s.
Pauline