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Loan Questions and Answers (Q&A)

John Adney
Answered: Sep 25, 2017

Value, pictures, conditon of property, repairs, the in a house pet

2 Answers

232 views
Jamespeter
Answered: Oct 15, 2019
After choosing the best loan option which satisfies your requirement and submitting the required documents such as ID proofs, income proofs, reason to avail the loan amount and considering the...Read More

3 Answers

223 views
C. Block, English Professor
Answered: Aug 28, 2019
Most of the time, when we receive a particular amount of money from the government, financial institutions, individuals, at times we will be required to pay the money back, and also, the money...Read More

2 Answers

212 views
C. Bernthal, Teacher
Answered: Aug 29, 2019
FHA refers to the Federal Housing Authority. FHA loan is a type of loan that can be acquired more easily. It does not require a great credit score. It has a higher loan to value ratio than a...Read More

2 Answers

205 views
John Smith
Answered: Apr 04, 2020
False-correct answer is false. the following conditions must be met in order to qualify: 1. student must be diligently seeking but unable to find full-time employment in any field or at any...Read More

1 Answer

204 views
John Smith
Answered: Apr 04, 2020
A summary of awarded federal student loans and grants -correct answer is b summary of awarded federal student loans and grants. the national student loan data system (nslds) is the u.s....Read More

1 Answer

203 views
John Smith
Answered: Apr 04, 2020
False-with this plan, the students payments start out low and increase every two years. the length of the repayment period will be up to ten years. if the student expects his/her income to increase...Read More

1 Answer

203 views
John Smith
Answered: Apr 04, 2020
False-the following conditions must be met in order to qualify: 1. student must be diligently seeking but unable to find full-time employment in any field or at any salary or responsibility level...Read More

1 Answer

203 views
John Smith
Answered: Apr 04, 2020
True-the ibr program is available to federal student loan borrowers in both the direct and guaranteed (or ffel) loan programs, and covers most types of federal loans made to students, but not those...Read More

1 Answer

203 views
John Smith
Answered: Apr 04, 2020
False-all federal education loans allow prepayment without penalty. for loans that are not in default, any excess payment is applied first to interest and then to principal. however, if the...Read More

1 Answer

203 views
John Smith
Answered: Apr 04, 2020
Six months-correct answer is c. regardless of whether at student received subsidized or unsubsidized funds, the stafford loan has a six-month grace period. if the student allows his/her six-month...Read More

1 Answer

203 views
John Smith
Answered: Apr 04, 2020
Student may qualify for a zero dollar payment-2. student can apply for the ibr program up to 25 years-ibr benefit 1 - lower monthly payments the ibr program may substantially lower a graduates...Read More

1 Answer

202 views
John Smith
Answered: Apr 04, 2020
True-the federal family education loan program (ffelp) allows the student to choose his/her repayment plan and to switch his/her plan annually if his/her financial needs change. borrower can...Read More

1 Answer

202 views
John Smith
Answered: Apr 04, 2020
True-until recently, a borrower could consolidate his or her loans under either the federal family education loan program (ffelp) or the federal direct loan program (fdlp). however, recent...Read More

2 Answers

201 views

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