Sentences with phrase «unlike federal loans»

Not overusing (or underutilizing) credit and paying off your monthly accounts on time (including your undergrad loans) makes a good impression on private lenders, where interest rates and loan approval, unlike federal loans, is credit driven.

Unlike Federal loans, there aren't many options for repaying your private loans.

But, unlike federal loans, private loans aren't subsidized and can require students to begin repaying while still in school.

And unlike federal loans, private loans often come with variable interest rates, which means you'll monthly payment can change during the life of the loan.

Unlike some federal loans, interest will generally accrue during private loan deferment periods as well (including in - school deferments).

Unlike federal loans, private student loans are issued based on creditworthiness and in most cases require a cosigner.

Unlike federal loans that have fixed interest rates that are adjusted each year, private loans interest rates are set by the lender and can vary based on a number of factors including your credit score and the amount borrowed.

Unlike federal loans, private loans are more complex when the borrower dies.

Unlike federal loans, which have the same fixed rates for all borrowers, private loans have lower rates for borrowers with good credit, and they typically don't have fees.

Typically, they carry a 10 - 15 year repayment term and have a variable interest rate, unlike federal loans with fixed interest rates.

Unlike federal loans, these types of student loans can have different applications.

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 federal loan servicers, private lenders aren't held to a specific standard set of protections.

Unlike federal loan servicers, your private lender doesn't have to grant you relief.

Unlike a federal loan, a private student loan is credit - based.

Unlike a federal loan, you don't need to complete the FAFSA in order to apply for a private loan; however, it's still best to complete the FAFSA and explore all of your financial aid options fully before applying for a private loan.

Unlike a federal loan, which doesn't take into account your credit or your ability to repay to qualify for a loan, private loans are issued based on strict lending requirements which can include strong credit, earnings, and a low debt - to - income ratio.

He did take a big step when he noted that, unlike the federal loan guarantees that have become so unpopular in his political party, the PTC is based on performance and is a proven way of leveraging private investment.

Not exact matches

All federal student loan interest rates are fixed, unlike other lenders who may offer a variable interest rate option to borrowers.

Unlike federal student loans, private lenders generally do not offer any forgiveness or income - driven repayment plans.

Unlike federal student loans, private loans are funded by banks, credit unions, and other types of lenders.

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.

Unlike the electronic version, if you have federal loans from several servicers, you need to submit a separate IDR plan recertification for each lender.

You'll also be eligible to receive additional federal student aid, but unlike loan rehabilitation, consolidation of a defaulted loan does not remove the record of the default from your credit history.

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.

Unlike federal student loans, your private (non-federal) loans don't have a common set of consumer protections when it comes to deferment and forbearance.

Unlike federal student loans, you may be able to consolidate (or refinance) your private student loans at a lower interest rate.

Unlike other kinds of federal loans, PLUS Loans require a credit cloans, PLUS Loans require a credit cLoans require a credit check.

Note that student loan deferment, unlike forbearance, usually stops interest from growing on subsidized federal loans.

Unlike the standard term, the Extended Repayment Plan gives you 25 years to pay off your federal student loans.

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

Unlike private student loans, federal direct student loans don't require credit history or a co-signer, and they have more repayment options and protections to prevent default.

Moreover, unlike grants, which require (at - times lengthy) legislation, the federal loans have a turn - around time of just 10 days.

Unlike public institutions, for - profits are funded mostly by Federal Title IV funding (Pell Grants and Stafford Loans).

Also, unlike the other federal loans, interest accrues while the student is attending school.

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

Unlike the federal Direct Parent PLUS loan, the Brazos Parent Loan is available to help pay for a benefiting student's graduate degloan, the Brazos Parent Loan is available to help pay for a benefiting student's graduate degLoan is available to help pay for a benefiting student's graduate degree.

Unlike the federal Direct Parent PLUS loan, the Brazos Parent Loan is available to help any student, not just a dependloan, the Brazos Parent Loan is available to help any student, not just a dependLoan is available to help any student, not just a dependent.

The Federal Pell Grant, unlike a loan, does not have to be paid back.

The vast majority of private student loan issuers — unlike with federal loans — will require borrowers to have a strong credit history.

Refinanced student loans are unlike new federal student loans because of these requirements.

Unlike federal student loans, you won't have many options to lower or delay making payments to the IRS.

Unlike federal student loans, Pell Grants do not need to be repaid.

«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.

All federal student loan interest rates are fixed, unlike other lenders who may offer a variable interest rate option to borrowers.

Unlike a student federal loan, the Plus Loan requires a credit check for qualificatloan, the Plus Loan requires a credit check for qualificatLoan requires a credit check for qualification.

Unlike federal student loans — which have relatively low limits on the amount that can be borrowed — Navy Federal allows borrowers to take out enough loans to fully fund their edufederal student loans — which have relatively low limits on the amount that can be borrowed — Navy Federal allows borrowers to take out enough loans to fully fund their eduFederal allows borrowers to take out enough loans to fully fund their education.

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.