What is an educational loan?

Answer An educational loan is another name for a student loan. Longman Dictionary of Contemporary English defines a student loan as "an amount of money that you borrow from the government or a bank to pay... Read More »

Top Q&A For: What is an educational loan

Can i use my subsidized stafford loan to purchase a car or is it strictly for educational purposes?

I've been counseled by the college that any left over expensive after books and classes can be used for housing and transportation which is necessary for your education. If your still unsure and wa... Read More »

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 »

What is the best student loan company to go with for the Stafford Loan?

well, i work for a debt collection agency and i can tell you that their are a lot of bankruptcies with chase...that would probably mean that it is bad.If you listen to the news any, you would know ... Read More »

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 :…Basically, you have to work in a public service job for 120 ... Read More »