Here is some advice if you're uncertain about which
type of repayment schedule is best for you, and what some of the common terms are:
This type of repayment schedule is the same as what you would find with a conventional bank or SBA loan or line of credit.
Not exact matches
With all
of these
types of funding
repayment remains as a percentage
of card sales rather than adhering to a fixed
repayment schedule.
Comparison shopping is the best way to check rates, lending criteria,
types of loans available, acceptable
types of collateral,
repayment schedules, and other details.
Both
types of loans are taken out for a set period
of time and have a fixed monthly
repayment schedule.
The federal government is the top lender in the student loan arena that offers a number
of loan
types,
repayment schedules, and terms to help fit your particular situation and financial need.
In general, student loans differ from other
types of consumer loans in that the interest rate and costs offered may be substantially lower and the
repayment schedule of a student loan may be deferred while the student is still in school.
You can choose the borrower you want to help based on the loan terms (
repayment schedule, repay in installments, repaid all at once, etc), the country, and the
type of business.
Section 428C (b)
of the Higher Education Act bans discrimination on the number or
type of loans being consolidated, the
type or category
of institution
of higher education attended by the borrower, the interest rate to be charged to the borrower, or the
repayment schedules offered to the borrower.