I was wondering so i can answer the questions to apply for the stafford loan through wachovia bank.
130045
Unsubsidized loans accrue interest the entire time you're in school (and every other time).  If you pay this interest as it accrues, you will save yourself some money in the long run.  If you don't pay interest while it accrues, when you graduate the accrued interest will be capitalized -- that is, it will be added onto the principal balance of your loan right before you enter repayment (and, if the lender wants, periodically after that).  This is what people mean when they talk about "paying interest on top of interest."\n\nIf you're not SURE if you want to do pay interest as it it accrues, you can always say "no" now.  if you have money to spare later on, you can send a check to your lender for whatever amount you wish (note: call/email them first to get the appropriate contact information and write a little note with the check so they know exactly what you want them to do with it.)
11970
So all you need to do is tell them how to review the current loan software right?\nThen just think about what they will need to do, such as looking at the cost of the current software, the ease of use, the speed at which it runs, the time it takes to train new employees on it etc. It shouldn't be too hard.
171143
Just contact your bank. They got all this stuff figured out.
191830
A Stafford loan is a low-interest federal student loan (currently 4.7% for student in school). This loan can be subsidized or unsubsidized.  In this case, say that a loan is subsidized means that the government is paying the interest on the loan while you are in school and during any periods of deferment/grace (i.e. if you apply for and are approved for an Economic Hardship Deferment once you enter repayment, your loan won't accrue interest during the deferment period).  If your Stafford Loan is UNsubsidized, that means that the government does NOT cover the accruing interest.  So, if you borrow $2500 your Freshman year, the loan will have accrued interest while you are in school such that, by the time you graduate, the amount you owe will be more like $2,750 (assuming a rate of 4.7% -- though Stafford rates will be fixed at 6.8% beginning July 2006). Interest really adds up -- but that's true of any loan.\n\nWhen you file the FAFSA to apply for federal aid, you will be applying for a generic Stafford loan.  Whether that loan will be Subsidized or Unsubsidized is something your school will determine.  Generally you can only receive a Subsidized Stafford loan if you show financial need.  If you don't show need, your Stafford loan will be Unsubsidized.  [There are some ways that a student can get both the full amount of their Sub and additional Unsub, but this generally involves being independent or being a dependent student whose parents have been denied a PLUS loan.]  Check with your school to see which you qualify for.  Stafford loans involve no credit check, so there's no harm in applying, see what you are offered, and then deciding if you wish to borrow.
476270
Yes, but I would speak with the SS office regarding what type and amount of loan you can get.
497245
Lender is obligated to tell you. Did you ask?
166861
First, know that your childen will be eligible for Stafford Loans regardless of whether they show need or not -- this is why the Unsubsidized Stafford loan was created.  Loan limits for this type of fund are increasing, too, beginning with the 07-08 award year.  \n\nBeyond that, if *you* are applying for loans for your children, you wouldn't want to reduce your income at all! PLUS loans, and most private loans are credit-based; your lender will be looking for halfway decent debt-to-income ratio.  In this sense, hiding your income/assets to make your children federally eligible could hurt you when it comes time to borrow privately.\n\nWhat are colleges looking for?  The same thing that the feds are when you file the FAFSA: income (taxable and untaxed) and assets from both student and parent; in-kind support that the student has received; how many other children are in your household and, of those, how many are currently college undergrads, etc...\n\nWhen it comes to additional information, we're looking for anything *else*.  If a parent appeals on the grounds that their income is X and their assets are Y -- and this is the same information that they provided on the FAFSA -- there isn't much new information there.  \n\nThings I will consider as "special circumstances":\n\n* "I lost my job midway through last tax year and my '05 income isn't indicative of what my 06-07 income will be."\n* "I recently got divorced."\n* "During the last tax year, I had a lot of medical bills that weren't covered by my medical insurance."\n\nThings I *won't* consider in an appeal:\n\n* "My other daughter just got married and I had to pay for a costly wedding for her"\n* "I live in X state where the cost of living is much higher than in Y state where your college is"\n* "I have a lot of debt" (yes, debt is certainly grounds for financial hardship, but if we consider your debt, we'd have to consider everyone else's; when the feds are ready, they'll ask the debt question on the FAFSA -- until then, I can't include it)\n* "I [the parent] am in school myself" (So, you used your kids' college savings for yourself?)\n\nAs for tricks...\n\n::sigh:: No Financial Aid administrator likes to hear that people are seeking out "tricks of the trade" or trying to hide income/assets, so any expert who's willing to give them to you isn't very reputable to begin with.  \n\nThat said, if you're curious to see where you might be hardest hit, the first thing you should do is perform your own EFC calculation to see where the contribution comes from.  A good website for this is www.finaid.org's Calculator page, here: http://www.finaid.org/calculators/finaidestimate.phtml  This page is slightly simplified; if you want to perform the actual calculation by hand, you can go here: http://www.ifap.ed.gov/efcinformation/attachments/0607EFCFormulaGuideDecFinal.pdf\n\nOnce you do this, look at WHERE your EFC comes from.  Is it assets or income?  Is any of it from the *student*?  Some people don't realize that student income/assets are converted (i.e. held against them/you) at a much higher rate than parent assets/income.  I've had parents ask why their EFC is so high and it turns out that their son had $10,000 in savings bonds, 35% of which was counted towards a single year's EFC. The most well-known "trick," then, is to transfer any student assets into the parents name.  Were these assets in the parents name, only 12% (at most) would be counted towards the EFC.\n\nMost people who fall into the middle class category get burned not by their assets but by their income, because assets are protected (to a point) whereas available income is "counted against you" more more heavily.  There's very little way to hide income, because your school can, at any time, request copies of any information that they
129208
It depends on what kind of debt you already have.  If it's student loan debt, banks tend to allow for that, since it's an investment in you.\n\nSince you have a good credit score anyway, there's no harm in asking for the loan.  What's the worst they can say?  Other than "no", they might want a point or two more on interest - that might be the rub.
566489
Chances are no.  If you took the truck loan, no other bank will want to give you any more money since you now have outstanding debt.\nIf you didn't take the truck loan (but was approved for it), than yes you should be able to get at least one bank to give you a mortgage.  It depends on how large of a loan you're looking for, and how much money you have to put down.  Sorry for the vague answer!
543342
You could write about crafting the application to secure the loan from the SBA(small business association). What goes into the process, the information you need, other sources of funding, etc.\n\nA sort of 'How To' for actually getting the money.
469687
ask someone to cosign for you OR  try buying a Ford, they have super liberal loan terms.  they need the business so bad right now that they are lending people with credit scores less than 500 (albeit higher interest costs)....good luck
62918
ask the bank....best thing to do. They should know.
450866
Talk to the bank president where you are interested in opening an account. Explain your foreign situation, and they can help you.
382528
yes you can. you just have to make sure that you can show the equity and the fact that you can make the payments on both of the loans.
14415
Definately, thank you for your service to our country.  \n\nVA loans were very unique when they came out because they offered 100% financing to our vets, for those who qualify.  It was designed back in the days when 100% financing was not as accessable as it is now. You need to check with your local VA to see if you qualify for their certification, but your credit and financial situation still has to qualify for the loan if it is possible to obtain a refinance this way.\n\nMy name is Laura. I am a mortgage broker loan officer and will have to check with my lender to see if they can do a refinance if the home was not purchased with the VA benefits.  Please give me a call if you'd like me to research this: \n877-659-5626.\n\nYou may check our website out for more information about my team.  I love for a chance to help you.
640523
The mailings you've been getting are about "loan consolidation." It basically goes like this:\n\nThe rates on your current Stafford Loans are inherently *variable* -- that is, they are "reset" (i.e. they are changed) once a year (on July 1st) by the US federal government.  This past year, the rates were 4.7% for students in school (or in deferment, or in their grace period) and 5.3% for students in repayment.  Starting TOMORROW July 1st, the rates are going to increase by 1.84%. \n\nAll borrowers will be automatically subject to these rate increases. The only way to NOT be affected by them is to apply for Federal Consolidation Loan.  In effect, when you consolidate, your lender will take your variable rate loans and combine them into one big *fixed*-rate rate loan.  It's still a federal program and the rates are still set by the federal government, but the primary difference is the fixed rate.\n\nAs with any financial decision, there are pros and cons to loan consolidation. In general, consolidation is a good thing: not only does it offer fixed rates, but it also allows borrowers to extend their repayment term beyond the standard 10-year repayment term that most students loans (Stafford and Perkins) carry. \n\nKeep in mind that, once you have consolidated, you won't be able to UNconsolidate. So, yes, you would be out of luck if the rates decreased dramatically. While it is *possible* that rates will go down sometime during the 10+ years that you are in repayment, it is more likely that the next few years of your repayment period will be spent watching variable rates increase. While no one can predict the future, it is very unlikely that Stafford/PLUS loan interest rates will ever reach the historic lows that they dropped to a few years ago. \n\nOne "con" of consolidation: You will generally lose your grace period if you choose to consolidate. You do need to think long and hard about whether this is a loss that you are willing to endure. Financially speaking, you're looking at the difference between (a) being able to lock in a 4.75% interest rate on your Staffords or (b) watching the rates rise to 6.54%, then 7.14%, then whatever the government decides to set them at for 2007-08). If you can handle losing your grace period, it's worth it to lock in that 4.75% (you might even be able to get a bit of an interest rate "break" depending on who you consolidate with).\n\nNOW, although I almost always recommend consolidating Stafford Loans, your Perkins Loans are a separate issue. Perkins loans are FIXED-rate loans (they've been at 5% for *years* and there is no indication that this will change). \n\nPerkins carry additional "benefits" with them that might be lost in a consolidation situation. For example, Perkins Loans can be cancelled in full if you enter one of several career fields (law enforcement, teaching, etc.). The interest on [unconsolidated] Perkins Loans is subsidized during any in-school/grace/deferment periods, so if you went back to school or applied for a economic hardship deferment later on, your interest would temporarily stop accuring. If you consolidate the loan, these cancellation benefits and interest subsidies would no longer exist.\n\nMoreover, if you consolidate your Stafford loans *together* with your Perkins loans, the lender will calculate your interest rate by taking a "weighted average" of your loans' current rates, so your rate could be anywhere between 4.7% and 5%. \n\nIt's up to you if you want to consolidate Perkins. Perkins loans by themselves carry a "minimum" payment that you must pay. Naturally, if you consolidate it, the minimum doesn't apply, so usually by consolidating Perkins, you will be able to lower your overall monthly payment on the Consolidation Loan. So, if you want to leave Perkins out of the mix, be sure to ask yourself if you think you can handle the larger monthly payment. \n\nG
282818
You should be able to apply for a 90 day loan.  I forgot what they're called, but any business bank would be able to finance it..