Archive for the ‘loans for students’ Category

How do I get student loans for college?

Tuesday, March 16th, 2010

I’m completely and 100% clueless on how to get student loans for college. I’m already enrolled. The first 2 years have been out of pocket, but now I’m going to need student loans to pay the rest. How on earth do I do that?

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With the recession hitting hard in the UK, will students loans be available for students?

Monday, March 15th, 2010

With all these cut talks are student loans in danger? Because if NHS and front line services aren’t protected in real terms are student loans going to be available for students with family earnings between 30000-50000??

Thanks.

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What is the best loan for students?

Thursday, March 11th, 2010

What is the best loan for college students? Anything a student would look for in a good loan, such as low interest rates and such?

Why don't Free Market Principles work when creditors give out loans for students and payday loans?

Thursday, March 11th, 2010

For instance, private creditors will give out student loans at obscenely high compounded interest so the poor student will be stuck with debts for many years.

Similarly, when the working poor and lower-middle class need a paycheck advance, some shops and creditors will offer loans with immense interest rates, too.

But according to the Free Market, competition amongst creditors should mean that the creditor offering the lowest interest rate GETS most of the customers.

Why doesn’t it work that way?
If I were a creditor and I offered students a 1%-interest student loan (but everyone else was offering students 5%-interest loans), technically I should be flooded with students trying to get money from me!
@ SDD: But WHY?
Don’t free-market principles state that if the supply were to increase (i.e., lower-interest loans), there’ll be a corresponding demand to match it?

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Am I able to apply for student loans for summer classes?

Saturday, March 6th, 2010

I received them the last 2 semesters, and I have a Pell grant for summer, but was wondering if the Stafford loans will lend for summer classes?
They just changed the law to use Pell Grants for summer.

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