Ok last year I managed to pay monthly payments for my 2 yr college. Well I want to return but I plan on using a loan this time. I read that private loans are like way better than fed loans because of intrest rates. I keep geting stuff from Chase in the mail. Any of you using this company? YOu dont pay untill you leave/graduate college? Like can I take out all the money i need for my 2 yrs or is it one loan=one year?
6:02 pm on June 22, 2007 | Joined Aug. 2005 | 178 Days Active Join to learn more about jc71corvetteNew York, United States | 496 Posts | 2276 Points
paris in flames
Connoisseur
sorata they pay it for you and you pay it back when you get out of college... pretty much that's it, you don't have to worry about college AND the loan.
------- Spam, it's either yummy Or funny
6:03 pm on June 22, 2007 | Joined June 2007 | 221 Days Active Join to learn more about paris in flamesFlorida, United States | StraightMale | 5040 Posts | 7180 Points
Aerorobyn
Dairy Product Addict
Go with a federal subsidized loan, if you can.
On those, the government pays the interest while you're still enrolled full-time in school.
------- OBAMA/BIDEN 08!!!
6:04 pm on June 22, 2007 | Joined Feb. 2006 | 570 Days Active Join to learn more about AerorobynTexas, United States | StraightFemale | 1096 Posts | 6884 Points
AmyeMae
Dairy Product Addict
i think that the interest on a government loan is much lower than a private one. the one i have from the government, it's about 4.5%, and i don't have to pay back until after i graduate. then my dad borrowed money from one of his accounts (private) and the interest rate is over 9%.
------- have faith...hang in there. things fall apart so they can fall back together
6:11 pm on June 22, 2007 | Joined June 2007 | 203 Days Active Join to learn more about AmyeMaePennsylvania, United States | StraightFemale | 1675 Posts | 3850 Points
( jc71corvette )
Dairy Product Addict
Is it the Ford Loan?
7:57 pm on June 22, 2007 | Joined Aug. 2005 | 178 Days Active Join to learn more about jc71corvetteNew York, United States | 496 Posts | 2276 Points
( jc71corvette )
Dairy Product Addict
or the Stafford
8:28 pm on June 22, 2007 | Joined Aug. 2005 | 178 Days Active Join to learn more about jc71corvetteNew York, United States | 496 Posts | 2276 Points
( jc71corvette )
Dairy Product Addict
huh
12:02 am on June 24, 2007 | Joined Aug. 2005 | 178 Days Active Join to learn more about jc71corvetteNew York, United States | 496 Posts | 2276 Points
AmyeMae
Dairy Product Addict
stafford. I've never heard of the ford loan
------- have faith...hang in there. things fall apart so they can fall back together
3:13 pm on June 24, 2007 | Joined June 2007 | 203 Days Active Join to learn more about AmyeMaePennsylvania, United States | StraightFemale | 1675 Posts | 3850 Points