Question

 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 »
http://www.answerbag.com/q_view/1870413

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 »
http://answers.yahoo.com//question/index?qid=20080610092213AAbuhYu

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

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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