From the category archives:

Secured loans

What is the difference between secured and unsecured loan?

June 8, 2010
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Interest rates for secured term loan?

June 7, 2010

For a business project, I need to find out the minimum interest for a 2 year secured term loan of $350,000 from Wachovia. When I called the bank, it was closed. The bank is closed for the weekend and my project is due Monday morning. I just need to know the interest rate or a [...]

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If the bank handling my college loans goes bankrupt, how will I be affected?

June 7, 2010

I am a first year college student at Dartmouth College and have taken out a hefty amount of loans for my first year tuition. I know with the recent Wa Mu bankruptcy, that many other banks are in danger of following in Wa Mu’s footsteps. If by chance Citibank were to collapse what would become [...]

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How exactly to Federal Stafford Loans work?

June 6, 2010

I’m going to Law School, and I will be taking out just the Federal Subsidized Loan, $8500/year. What do I have to do to secure the loan? Do I have to find a lender and set it up, or does the school do this for me? Any help, links, advice would be very beneficial.

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What company would be willing to consolidate my Sallie Mae and Dept. of Education government student loans?

June 5, 2010

Looking to consolidate all my student loans into one affordable monthly payment. Any suggestions. Sallie Mae no longer consolidates student loans and many other companies will not consolidate a Sallie Mae loan because it is secured and government backed. Thanks in advance.

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