Archive for August, 2008
Student Loan lenders and the struggle
Student loan – money issued to a student on the understanding that it will be repaid upon the completion of the student’s studies. Loan consolidation allows borrower to combine several students loan into one, extend the payments period and lock in an interest rate. The two definitions mentioned are the views how student loan work [...]
Lenders Changing/Suspending Student Loan Programs
The mortgage crisis is now hitting another group hard — students.
Some lenders are now changing their student loan practices. Others like Frost National Bank are stopping their student loan programs all together. Many say the loans are becoming less profitable…[Read more]