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Entries Tagged ‘Happens’

Student Loans – What Happens When They Are Sold To Another Company?

I’m looking for a consolidation loan. There are so many companies out there. I heard that some of the companies with great promotional interest rate discounts (e.g. for on-time payments, enroling in auto debit etc.) turn around and sell your loan to another company. When this happens, do the terms have to [...]

What Happens If You Haven’t Found A Job Within 6 Months After College?

I know the Stafford loan gives you a 6 month grace period after college, and then after the 6 months is up you have to start repaying the loan. Well, what happens if you haven’t found a job before then, or you have no way to start paying it off by that time?

  
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