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How badly might I have messed up if I accidently stated my personal income level as almost 100000 dollars when I meant to put 9481 on my FASFA? Im correcting it but I kinda just caught it after almost a month. I'm a retard and never noticed I added another 4 into my income level
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Mar 18, 2010 14:45
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| # ¿ Apr 28, 2024 20:27 |
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Phone posted:I require some assistance. I applied for financial aid last semester and it was granted. I have some unsubsidized federal loans and my parents signed for a PLUS loan. I just received some paperwork stating that the PLUS loan needs to start being paid back; however, I thought that PLUS loans are to be deferred as long as I'm a full time student. Parents had the same problem. From what they found out you need to call the lender and have it set to deferment.
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Jan 24, 2011 22:52
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How would going from full-time to part time status affect financial aid? Besides making my loans come due in 6 months once classes start again.
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Mar 21, 2011 04:14
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Ok then can you tell me the distinction? I've searched for it but I think i'm just retarded at this point. My main problem is that I can take 8 credits but I have an internship that runs from May to November that is 30 hours over the weekdays. I can't do that on top of 3 classes each day on top of my current job which is 30 hours a week and liable to be full time employment over the summer. If anything I'm gonna try to force my internship to count in the fall but thats all chance at this point. Or take 12 credits which is full time status and withdraw at the earliest possible point after the add drop period closes.
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Mar 22, 2011 01:04
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Making the interest capitalize like they do is the worst thing for students. You can have a whole loans repayment history basically wiped from interest adding to the principal which happened to my wife.
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Oct 24, 2018 14:02
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Great lakes has been good to me since I got my loans in 09, but never had to use them for any emergancie stuff so grain of salt and all. Don't touch navient or wellsfargo for anything loan related EVER
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Nov 4, 2018 04:34
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We used citizens and it was pretty decent and simple. Refinanced horrid Wells Fargo loans and got a 6.5 interest rate (from a 9.6 and an 11.4!!!!) Which puts it under the Federal loans. Sofi is more stringent on requirements to be approved I've seen is all. They wouldn't accept us even with a solid work history, pay and entry into the medical field this year for my wife.
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Feb 12, 2019 14:13
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naw its fraud, and the DOL would love to look into it, and if he had a second job I think it wont count then under forgiveness
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Feb 6, 2022 03:12
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Tbh doing it in spring last year would have been the best option. We managed to get my wife a 3.5 interest rate on a 15 year (I wanted to lower the interest and we already pay double. Doing this gave us breathing room if something comes up but also meant that if I keep paying extra I lowered the total interest paid by 3xs). You won't find any private loan that does interest based repayment, they aren't the feds and absolutely know they have you by the balls and can squeeze endlessly. And if you delay or miss a payment they just instantly capitalize the interest and you end up paying even more per month. It's absolutely a massive stress and fracture point on anyone that ends up stuck with them. My wife had 3 from Wells Fargo that went from 9 to 13% interest and the only way I managed to start paying them off after 6 years was by refinancing to a much better rate. The high interests that she was saddled with made it so the one year defferrement we had wiped everything we put in the prior 5. poo poo fuckers Right now I think your honestly screwed trying to lower it to 5%. A coworker was trying to refinance and she barely was able to get below 8% and that's with a steady job and good record. Private loans are basically just a weight on you. There's a website I used to aggregate interest rates on refinancing, I'll look and see what it was. I used that to find out which place would give us the best options. I will say sofi is useless and don't use them if it's an option. We ended up using a credit union that does private refinance that gave us good discounts on everything. UCS Hellmaker fucked around with this message at 07:38 on Jan 13, 2023 |
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Jan 13, 2023 07:34
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Everytime we looked at sofi they always were higher interest rates then others. But they could be more aggressive and better now? Lately for sure they have been slamming us about refinancing with them.
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Jan 14, 2023 02:59
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I used a website that just let me choose based on the current rates that were reported by the agencies, then went to each one with favorable terms to see what the rates were. Ended up with a credit union that gave me a 3.45 interest rate two years ago. Sofi seems way more iffy anymore, and was a big pusher trying to restart student loans because they wanted to force people to refinance. We did have citizens for awhile when we first refinanced, then moved to first tech with the better rate 3 years later. A big thing is based on how high interest rates are, and your loan amount. More then a few coworkers are fu ked with 9 or 12 interest rates because they know they have to pay it.
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Jan 20, 2024 04:41
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| # ¿ Apr 28, 2024 20:27 |
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Goal this year is to pay off at least 10k of my wife's 30k loan, mine are almost done and will be paid off in April. Hope is by the end of next year the loans are paid off and all we have left is 10k @3.25 interest that I had refinanced right before rates went insane.
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Mar 12, 2024 00:08
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