Question

 What is a wholesale loan?

Answer A wholesale loan is a loan made by a bank or other financial institution through a third-party lender, such as a mortgage broker. The bank offers the loan to the mortgage broker at a lower cost tha... Read More »
http://www.answerbag.com/q_view/1952677

Top Q&A For: What is a wholesale loan

Which loan is better: an auto loan or a signature loan?

On One Hand: Auto LoansWhen you are purchasing a car, you can use the car as collateral so that the loan becomes less risky for the lender, which means you get a lower interest rate. A lower intere... Read More »
http://www.answerbag.com/q_view/1947876

How can I get rid of my private student loan and switch to a federal loan with a lower interest rate?

Call the US Department of Education because sometimes they will buy your loan off and then you can pay them instead. I have a student loan through the Dept. of Ed. and my interest is only 2%. Cal... Read More »
http://answers.yahoo.com//question/index?qid=20080129095825AAWhj0U

What is a "loan forgiveness" option for a student loan Where would one find the details in writing?

Yes, it's true but there are a lot of hoops to jump through. The details can be found here : http://studentaid.ed.gov/students/attach…Basically, you have to work in a public service job for 120 ... Read More »
http://answers.yahoo.com//question/index?qid=20081226010148AAYoSyr

My wife's student loan fm AES is OVER 10% interest: as a single loan, is there any "consolidation" option?

It is possible to consolidate single loans if they have not been consolidated before. If the interest rate is 10%, it sounds like it must be a private student loan (as opposed to federal)? Typicall... Read More »
http://answers.yahoo.com//question/index?qid=20070211183525AA7c5ug


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