Sentences with phrase «unlike federal government loans»

Not exact matches

Unlike federal loans, APRs can vary from lender to lender, so the terms, conditions, and amounts you may be able to negotiate could differ from those through the US government.

Unlike borrowing from the federal government for a student loan, borrowing from a private lender to refinance means you will have to show that you have good credit and the ability to make your monthly payments.

Unlike a lender, Great Lakes does not initiate any of the loans it services, but rather acts as the intermediary and guarantor between the borrower (you) and lender (the federal government or a private company, depending on your loan type) once the loan enters repayment.

Some private lenders will allow for repayment plans similar to what the government offers, but keep in mind that, unlike for federal loans, they're not obligated to offer any breaks or alternative payment options.

All federal rates are predetermined by the government and, unlike other loans, they aren't adjusted based on each borrower's personal financial situation.

But unlike the federal government, they can consolidate both federal and private loans.

«Unlike other types of debt, if you default on a federal student loan, the government can garnish up to 15 % of your wages, tax refunds, and social security benefits... And if your parents co-signed your loan, their income can be garnished, too...»

However, unlike the federal government, these lenders have to be more careful with the risks that they take on in giving out student loans.

Some private lenders will allow for repayment plans similar to what the government offers, but keep in mind that, unlike for federal loans, they're not obligated to offer any breaks or alternative payment options.

Also, unlike a lending product such as some student loans in which the federal government may back the loan, no one is backing the loan you are taking out with a credit card every time you make a charge.

Unlike private lenders, the federal government does not evaluate the borrower's ability to repay student loans.

They are need - based grants awarded by the federal government and, unlike loans, they don't have to be repaid.

Unlike deferment, interest always accrues during a forbearance (interest accrues in deferment as well, but with subsidized loans, the Federal government pays the interest).

Unlike federal student loans, private student loans are not sponsored or guaranteed by government agencies and don't require a FAFSA.

It is not insured or backed by the federal government, unlike some of the other loans you'll read about later.

Unlike the larger federal Stafford - loan program, in which the Department of Education acts as the lender, Perkins loans are administered directly by participating institutions with a mixture of funds from the federal government and the schools themselves.

Unlike other government loan programs, like the Federal Housing Administration (FHA) loans, the home must be located in a designated rural area like Kirkland in order to...

Unlike a conventional loan, an FHA mortgage is backed by the federal government.