Question

 What happens if I can't pay my private student loan?

Answer Eventually your loans will go into default, which means they can charge you all kinds of penalties and fees. They will also double your interest rate and when you do start working they will garnis... Read More »
http://answers.yahoo.com//question/index?qid=20091205162526AANAaLE

Top Q&A For: What happens if I can't pay my private student ...

What Happens if you cant pay back a student loan. Due to low income?

Your only option is to repay... even a small amount, every month, until it's paid off. Even if they complain and say you aren't paying enough, they aren't going to send any money back to you becas... Read More »
http://answers.yahoo.com//question/index?qid=20080310185810AAKzsgx

What happens to remaining money from a private student loan?

Yes, you will. But be careful with that money, and spend it wisely.Keep these things in mind:1. The lender made that loan on the basis of your school's estimate of approximately what it will cost y... Read More »
http://answers.yahoo.com//question/index?qid=20081002051440AAanVwx

Can a student loan issuing company (private bank) force you to pay off the student loan before you graduate?

If you are still in school no. It is called a deferment. They can only make you pay if your at in school 6 months later. That is stated in all student loan contracts. Go to your financial aid depar... Read More »
http://answers.yahoo.com//question/index?qid=20070318153606AA0uSxE

Where can i find a good private student loan What are your experiences with private loans?

There are no such thing as "good" private loans. There are many reasons why a school doesn't have the privilege to get federal loans and not a single on of them is in your favor trust me. I alway... Read More »
http://answers.yahoo.com//question/index?qid=20101218022733AAKnzXn


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