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Important Information for Summer 2016 #best #loan


#fafsa loans
#

Student Financial Aid and Scholarships

Important Information for Summer 2016

  • Summer Application available: Early spring 2016

  • Summer Priority Date: February 15, 2016
  • 2015-2016 FAFSA Deadline: June 30, 2016
  • Summer Application Deadline: TBD

    To be considered for Summer 2016 Financial Aid Money provided to the student and the family to help them pay for the student’s education. Major forms of financial aid include gift aid (grants and scholarships) and self help aid (loans and work). you must:

    Enrollment Information for Summer 2016

    1-4 graduate hours

    Disbursement Disbursement is the release of loan funds to the school for delivery to the borrower. The payment will be made co-payable to the student and the school. Loan funds are first credited to the student’s account for payment of tuition and fees. Any excess funds are then paid to the student in cash or by check for the purpose of paying for other educational expenses. of Financial Aid Scholarship A scholarship is a form of financial aid given to students to help pay for their education. Most scholarships are restricted to paying all or part of tuition expenses, though some scholarships also cover room and board. Scholarships are a form of gift aid and do not have to be repaid. Many scholarships are restricted to students in specific courses of study or with academic, athletic, or artistic talent. Funds

    Anticipated Aid Awards the student has “Accepted” on myUNT. Anticipated Aid does NOT include Work-Study or Parent (PLUS) Loans that have been denied due to adverse credit history by the lender. Parent (PLUS) Loans will count toward Anticipated Aid if the Parent (PLUS) Loan borrower does not have an adverse credit history and SFAS has received a credit approval by the lender. If your Anticipated Aid does not cover your Tuition and Fee balance, payment for the difference must be made to your student account to prevent your classes from being dropped. Payments can be made online at MyUNT.

    Attendance and Withdrawal Information


  • SAP Hotel Management: Serving the hospitality community with integrity, loyalty and qualitySAP Hotel Management #sap #hotel #management: #serving #the #hospitality #community #with #integrity, #loyalty #and #quality. #sap #hotels #specializes #in #hotel #management #of #both #full #service #and #select #service #hotels. #the #need #to #be #selective #in #choosing #a #hotel #management #company #has #never #been #more #important #than #it #is #today. #sap #hotels #provides #real #world #solutions #for #it\’s #owners #and #will #increase #your #hotel\’s #top #line #revenue #and #improve #your #hotel\’s #bottom #line #profit.


    #

    SAP Hotels specializes in hotel management of both full service and select service hotels. The need to be selective in choosing a hotel management company has never been more important than it is today. SAP Hotels provides real world solutions for its owners that will increase your hotel’s top line revenue and improve your hotel’s bottom line profit.

    SAP Hotels LLC. is deeply rooted in the hospitality industry. Its senior management is comprised of a team of skilled professionals with averaging nearly 75 years of lodging experience. SAP Hotels LLC. upholds long-standing relationships with the industry’s most highly regarded brands.

    SAP does not take a cookie cutter approach to our services and fees. SAP’s executive team will take the time to get to know you the owner and qualify the needs of your hotel. We will then work with you to design a program that will generate results. SAP can perform complete hotel management for your property or just provide, sales and marketing, centralized accounting or cost control support.

    Our Services

    SAP can perform complete hotel management for your property or just provide, sales and marketing, centralized accounting or cost control support. Read More

    • Day to day operation supervision
    • Establish and monitor business plans
    • Monitor and supervise all personnel matters
    • Implement and monitor purchasing and inventory controls
    • Implement and monitor food and beverage systems
    • Implement and monitor accounting systems including reporting
    • Accounts Receivable and Accounts Payable
    • Prepare, annual forecasts, budgets, and weekly variance analysis
    • Prepare, implement and monitor emergency and guest safety plans
    • Establish preventative maintenance programs
    • Prepare capital improvement schedules
    • Prepare goal-oriented bottom line targets
    • Involve owners in decision-making and in the review of hotel performance

    . Know more about Operations

    • Development of top line budget
    • Annual marketing plan
    • Development of group booking goals
    • Development of locally negotiated account consumption goals
    • Sales solicitation goals
    • Sales performance bonus incentive
    • Creative site tour procedure
    • E-Marketing
    • Event management promotions and execution
    • Competitive analysis
    • Sales support and training
    • Public relations coordination
    • Collateral design
    • Quarterly targeted action plan
    • Sales Blitz coordination
    • Outside sales calls
    • Coordination of property and franchise marketing efforts
    • GDS, internet, print, social media marketing

    . Know more about Sales and Marketing

    • Preparation of annual budget
    • Daily flash report
    • Preparation of monthly financial statements
    • Annual reporting and payments of all state, local and lodging taxes
    • Monitor the annual budgeting process
    • Provide financial results analysis and industry comparisons
    • Provide cash flow monitoring and distributions
    • Perform internal financial audits
    • Provide sales, property and income tax audit support
    • Administer banking relationships
    • Loan negotiations

    . Know more about Finanance

    • Line Level Job Descriptions and Employee Handbook
    • Management/Associate’s search
    • Best Hiring Practices
    • Employee Relations and Retention
    • Termination Procedures
    • Bonus and Incentive Plans
    • Compensation Consulting
    • Government Compliance
    • Harassment Free Atmosphere
    • Educational & Leadership Training

    . Know more about Human Resources


    Important Information for Summer 2016 #poor #credit #home #loans


    #fafsa loans
    #

    Student Financial Aid and Scholarships

    Important Information for Summer 2016

    • Summer Application available: Early spring 2016

  • Summer Priority Date: February 15, 2016
  • 2015-2016 FAFSA Deadline: June 30, 2016
  • Summer Application Deadline: TBD

    To be considered for Summer 2016 Financial Aid Money provided to the student and the family to help them pay for the student’s education. Major forms of financial aid include gift aid (grants and scholarships) and self help aid (loans and work). you must:

    Enrollment Information for Summer 2016

    1-4 graduate hours

    Disbursement Disbursement is the release of loan funds to the school for delivery to the borrower. The payment will be made co-payable to the student and the school. Loan funds are first credited to the student’s account for payment of tuition and fees. Any excess funds are then paid to the student in cash or by check for the purpose of paying for other educational expenses. of Financial Aid Scholarship A scholarship is a form of financial aid given to students to help pay for their education. Most scholarships are restricted to paying all or part of tuition expenses, though some scholarships also cover room and board. Scholarships are a form of gift aid and do not have to be repaid. Many scholarships are restricted to students in specific courses of study or with academic, athletic, or artistic talent. Funds

    Anticipated Aid Awards the student has “Accepted” on myUNT. Anticipated Aid does NOT include Work-Study or Parent (PLUS) Loans that have been denied due to adverse credit history by the lender. Parent (PLUS) Loans will count toward Anticipated Aid if the Parent (PLUS) Loan borrower does not have an adverse credit history and SFAS has received a credit approval by the lender. If your Anticipated Aid does not cover your Tuition and Fee balance, payment for the difference must be made to your student account to prevent your classes from being dropped. Payments can be made online at MyUNT.

    Attendance and Withdrawal Information


  • 10 Important Things To Consider When Getting A Mortgage Or Home Equity Loan #investment #loans


    #getting a loan
    #

    10 Important Things To Consider When Getting A Mortgage Or Home Equity Loan

    Finding the best home loan is not a job to be taken lightly. Here are 10 very important tips to consider before, during, and after the loan.

    Looking For The Right Home Loan For You

    1. Mortgages are not commodities. If you think “it’s all about the rate”, you are going to be disappointed from the start. It’s really about finding a trusted partner help you navigate a complex transaction by offering honest advice and responsive support throughout the entire loan process.
  • Online is not the place to transact your biggest liability. Buy a music player, bid on sports equipment, order some books, but don’t do a mortgage over the internet. There are too many variables that arise throughout the process. This is not to say you should exclude the internet in your rate search, as there are reputable sites on the net which will help you find rates, calculate your potential loan, and provide other helpful information. I’m suggesting you shouldn’t work with an internet-only firm for your mortgage.
  • There are two types of mortgage lenders who advertise on the web and on the newspaper rate table. Ones you’ve heard of and ones you haven’t. Why do the major, well-known lenders generally quote higher rates? It could be they have higher cost structures. It could also be they are more reputable and provide a lot more service.
  • Generally, avoid interest-only loans. Unless you plan to move in a short period of time, or the loan is a short-term “bridge” or construction loan, avoid the “interest-only” loan. If you are only paying interest, you do not build up any ownership or equity in your home.
  • Are the fees reasonable?. Find out exactly what the loan will cost you. While some fees might not be avoidable, know that many fees are unnecessary “junk fees” or negotiable. Be sure to get a good faith estimate statement which shows your total expected fees. Some companies will include all the fees in the interest rate they quote you. Here are some fees to ask about:
    1. Application fee
  • Points (if you pay points, make sure your interest rate is reduced. A rule-of-thumb is to generally avoid paying any points if you plan to live in your home less than ten years)
  • Credit Evaluation
  • Loan Processing (these fees can be pretty arbitrary)
  • Appraisal Fee (cost to estimate the value of your home)
  • Title Search
  • Title Insurance (you have to pay to protect the lender. Always make sure the Title Insurance specifically protects you as well. It’s normal to pay more to protect your interests)
  • Documentation (these fees can be pretty arbitrary)
  • Underwriting (these fees can be pretty arbitrary)
  • Escrow Fee
  • Prepayment Penalty (the fee paid if you pay off your loan early)
  • The following fees are almost always “junk fees”: amortization schedule fee, trustee fee, financing statement fee, appraisal review fee, credit report review fee, document preparation fee, inspection fee, photo inspection fee, underwriting fee, warehousing fee, administrative fee, computer fee, courier fee, and overly high notary fees
  • When you ask about your interest rate, also ask about the APY (or Annual Percentage Rate) which is usually higher and a more accurate reflection of your true interest rate.

  • Generally, avoid adjustable rate loans. Adjustable rates can be attractive because the advertised rate is lower than a fixed rate. They generally allow you four payment options:
    1. minimum payment (NEVER make only a minimum payment. It won’t even cover the interest on your loan and can quickly lead to a situation where your home is worth less than your loan)
  • “interest only” payment (also not recommended. No money is going to pay down the loan or create home equity)
  • a fully amortized 15-year loan
  • a fully amortized 30-year loan
  • The later two are similar to traditional loans, except that your interest rate is adjustable.
    Here are three reasons to consider an adjustable rate.

    1. IF you know for certain interest rates can’t go up from current levels
  • the loan ceiling on the adjustable rate is below the current fixed rates
  • you plan to sell your home prior to the first rate adjustment

    Here are five questions to ask about your potential ARM rate. Adjustable rate loans often start with a “teaser rate”. This is an artificially low rate which will get adjusted higher at the first adjustment opportunity. If you do consider an adjustable rate, be sure to ask:

    1. what is the rate based upon (often a current T-bill or LIBOR rate plus an additional amount). Get complete details
  • what would be the rate today if you already had the loan and it adjusted to current levels
  • what is the floor (how low can the rate go from here)
  • what is the ceiling (what is the highest rate you would have to pay)
  • how often can the rate adjust.
  • Be sure you fully understand each of these parameters, and get them in writing. Note: if you can’t afford the loan ceiling and the fully amortized payment at that level, don’t accept the loan.

    Looking For The Right Home Loan For You

    1. The mortgage industry is unregulated. Mortgage brokers are not banks and don’t play by the same rules. There are countless stories of “bait and switch” with people being promised one thing and ending up with another at the closing table. You do not have to accept any last minute changes. While inconvenient, just walk away. (They are betting you won’t). Lets say you have found the rate and lender with which you wish to work. Here are twelve warning signs telling you to walk away from the loan. Any one is enough for you to terminate the loan right then and there.
      1. if the loan rep encourages you to borrow more than you need — walk away!
    2. if the loan rep prods you to overstate your income or understate your outstanding loans or expenses — walk away!
    3. if the loan rep tries to get you to agree to payments that you can’t afford — walk away!
    4. if the loan rep asks you to sign blank forms — walk away!
    5. if the loan rep won’t give you copies of every document you signed — walk away!
    6. if the loan rep fails to give you mandated disclosure documents — walk away!
    7. if the rep appears to pressure you — walk away!
    8. if the rep is unresponsive to your calls, is disorganized, repeatedly asks for the same documents, or is constantly blaming others for delays — walk away!
    9. if they try to sell you credit insurance or extra products you don’t want — walk away. (If you actually want the credit insurance, shop around to get the best rate)!
    10. if they try to make you do something that is against your better judgment — walk away!
    11. if they require you to deed your property to anyone — walk away!
    12. if the loan rep changes any of the terms of the loan at closing — run, don’t walk! Be aware that the further in the process you get — the more momentum builds — the tougher it is to back out. Dishonest lenders know this and are counting on it.
  • Generally, see if you can avoid paying for mortgage insurance. Some loans require mortgage insurance. Others will waive the insurance if you have a low enough debt-to-home equity ratio when you take out your loan. Most mortgage insurance protects the lender, not you.

  • ECU Future Students #apply #for #a #course, #course #applications, #undergraduate #applications, #postgraduate #applications, #research #degree #applications, #apply #online, #graduate #diploma #of #education #applications, #international #student #applications, #waapa #applications, #wa #screen #academy #applications, #screen #studies #application, #important #dates, #application #cut-off #dates, #application #closing #dates, #university #dates, #cross-university #applications, #cross-institutional #applications, #non-award #students, #ecu #authorised #agents, #find #agents, #find #ecu #agents, #application #status #check, #edith #cowan #university, #ecu


    #

    ECU offers innovative and practical courses across a variety of disciplines and we have a vibrant research culture. ECU is a leader in developing alternative entry pathways to higher education.

    We have three campuses in Western Australia. Joondalup and Mount Lawley in the Perth metropolitan area and our South West campus in Bunbury, 200km south of the Perth CBD.

    ECU provides a variety of services and facilities that go beyond the classroom, with opportunities for personal development and social interaction for students and staff.

    Future Students

    Applicants with an ATAR

    • If you want to start a course in Semester 1, apply through the Tertiary Institutions Service Centre .
    • If you want to start a course in Semester 2 (mid-year), you can apply direct to us .

    Note: Applying is different to enrolling. If your application for a course is successful and you accept our offer of a place, you then enrol by selecting your course units.

    Applicants with a VET qualification

    • If you’ve completed a Certificate IV during or right after year 12, you can apply direct to us for undergraduate or University Preparation courses .
    • If you’re currently in Year 12, we expect you to achieve WACE by the end of the year.
    • If you’re not currently in Year 12, and don’t yet meet English competency, please apply to us with your Certificate IV and we will evaluate your application individually.
    • If your Diploma or Advanced Diploma is in the same subject area as the course you wish to study at ECU, you may be eligible for credit, or advanced standing. You can apply for this after you accept your offer into the course.

    Note: Applying is different to enrolling. If your application for a course is successful and you accept our offer of a place, you then enrol by selecting your course units.

    All other applicants

    • You can apply direct to us. Before you start your application, make sure you’ve made scanned copies of school or other study results and the components of your portfolio if you’re using our Portfolio Pathway .
    • Please ensure the University Preparation course is listed as a preference in your application.
    • If you’ve been an ECU student and are using an ATAR from previous years, or sat the STAT or the ISIT at ECU, we don’t need documents because we can check your score electronically.

    Note: Applying is different to enrolling. If your application for a course is successful and you accept our offer of a place, you then enrol by selecting your course units.

    Research degrees

    Some research degrees have recommended submission dates for applications.

    Our Doctor of Philosophy (course code L61) accepts applications all year long.

    To apply for a research degree, please supply the following with your application:

    • a 300-word research abstract and a 2-page research proposal
    • facts about your work and academic history
    • references from any publications or conference papers you’ve co-authored
    • your previous academic qualifications

    Note: If you’re a citizen of India, Pakistan, Nepal or Bangladesh, we may require you to apply via an ECU Authorised Agent .

    Check the progress of your application

    If you’ve applied for a course – either directly or through an ECU Authorised Agent – you can easily track its progress through our application status check .

    What happens after you’ve applied?

    After your application is processed and if you’re successful:

    1. We send you an Offer Letter for a place at ECU. This will be an Offer or a Conditional Offer (you must meet the conditions of your offer), and includes course details, fees to pay and more.
    2. You complete the online acceptance and pay the ‘Fees payable now’. This includes your first semester course fees and Overseas Student Health Cover. You can accept and pay by going to the Respond to your offer page.
    3. Once you’ve successfully accepted your offer to study at ECU, and we’ve confirmed receipt of the required fees, we’ll issue a Confirmation of Enrolment. If required, this document allows you to apply for a student visa to study in Australia.
    4. Once the above steps are complete, we welcome you as an official ECU student. You should then review our pre-departure information. attend orientation and enrol in your study units.

    Important Information for Summer 2016 #pension #loans


    #fafsa loans
    #

    Student Financial Aid and Scholarships

    Important Information for Summer 2016

    • Summer Application available: Early spring 2016

  • Summer Priority Date: February 15, 2016
  • 2015-2016 FAFSA Deadline: June 30, 2016
  • Summer Application Deadline: TBD

    To be considered for Summer 2016 Financial Aid Money provided to the student and the family to help them pay for the student’s education. Major forms of financial aid include gift aid (grants and scholarships) and self help aid (loans and work). you must:

    Enrollment Information for Summer 2016

    1-4 graduate hours

    Disbursement Disbursement is the release of loan funds to the school for delivery to the borrower. The payment will be made co-payable to the student and the school. Loan funds are first credited to the student’s account for payment of tuition and fees. Any excess funds are then paid to the student in cash or by check for the purpose of paying for other educational expenses. of Financial Aid Scholarship A scholarship is a form of financial aid given to students to help pay for their education. Most scholarships are restricted to paying all or part of tuition expenses, though some scholarships also cover room and board. Scholarships are a form of gift aid and do not have to be repaid. Many scholarships are restricted to students in specific courses of study or with academic, athletic, or artistic talent. Funds

    Anticipated Aid Awards the student has “Accepted” on myUNT. Anticipated Aid does NOT include Work-Study or Parent (PLUS) Loans that have been denied due to adverse credit history by the lender. Parent (PLUS) Loans will count toward Anticipated Aid if the Parent (PLUS) Loan borrower does not have an adverse credit history and SFAS has received a credit approval by the lender. If your Anticipated Aid does not cover your Tuition and Fee balance, payment for the difference must be made to your student account to prevent your classes from being dropped. Payments can be made online at MyUNT.

    Attendance and Withdrawal Information


  • Important Information for Summer 2016 #new #car #loan


    #fafsa loans
    #

    Student Financial Aid and Scholarships

    Important Information for Summer 2016

    • Summer Application available: Early spring 2016

  • Summer Priority Date: February 15, 2016
  • 2015-2016 FAFSA Deadline: June 30, 2016
  • Summer Application Deadline: TBD

    To be considered for Summer 2016 Financial Aid Money provided to the student and the family to help them pay for the student’s education. Major forms of financial aid include gift aid (grants and scholarships) and self help aid (loans and work). you must:

    Enrollment Information for Summer 2016

    1-4 graduate hours

    Disbursement Disbursement is the release of loan funds to the school for delivery to the borrower. The payment will be made co-payable to the student and the school. Loan funds are first credited to the student’s account for payment of tuition and fees. Any excess funds are then paid to the student in cash or by check for the purpose of paying for other educational expenses. of Financial Aid Scholarship A scholarship is a form of financial aid given to students to help pay for their education. Most scholarships are restricted to paying all or part of tuition expenses, though some scholarships also cover room and board. Scholarships are a form of gift aid and do not have to be repaid. Many scholarships are restricted to students in specific courses of study or with academic, athletic, or artistic talent. Funds

    Anticipated Aid Awards the student has “Accepted” on myUNT. Anticipated Aid does NOT include Work-Study or Parent (PLUS) Loans that have been denied due to adverse credit history by the lender. Parent (PLUS) Loans will count toward Anticipated Aid if the Parent (PLUS) Loan borrower does not have an adverse credit history and SFAS has received a credit approval by the lender. If your Anticipated Aid does not cover your Tuition and Fee balance, payment for the difference must be made to your student account to prevent your classes from being dropped. Payments can be made online at MyUNT.

    Attendance and Withdrawal Information


  • 10 Important Things To Consider When Getting A Mortgage Or Home Equity Loan #plus #loans


    #getting a loan
    #

    10 Important Things To Consider When Getting A Mortgage Or Home Equity Loan

    Finding the best home loan is not a job to be taken lightly. Here are 10 very important tips to consider before, during, and after the loan.

    Looking For The Right Home Loan For You

    1. Mortgages are not commodities. If you think “it’s all about the rate”, you are going to be disappointed from the start. It’s really about finding a trusted partner help you navigate a complex transaction by offering honest advice and responsive support throughout the entire loan process.
  • Online is not the place to transact your biggest liability. Buy a music player, bid on sports equipment, order some books, but don’t do a mortgage over the internet. There are too many variables that arise throughout the process. This is not to say you should exclude the internet in your rate search, as there are reputable sites on the net which will help you find rates, calculate your potential loan, and provide other helpful information. I’m suggesting you shouldn’t work with an internet-only firm for your mortgage.
  • There are two types of mortgage lenders who advertise on the web and on the newspaper rate table. Ones you’ve heard of and ones you haven’t. Why do the major, well-known lenders generally quote higher rates? It could be they have higher cost structures. It could also be they are more reputable and provide a lot more service.
  • Generally, avoid interest-only loans. Unless you plan to move in a short period of time, or the loan is a short-term “bridge” or construction loan, avoid the “interest-only” loan. If you are only paying interest, you do not build up any ownership or equity in your home.
  • Are the fees reasonable?. Find out exactly what the loan will cost you. While some fees might not be avoidable, know that many fees are unnecessary “junk fees” or negotiable. Be sure to get a good faith estimate statement which shows your total expected fees. Some companies will include all the fees in the interest rate they quote you. Here are some fees to ask about:
    1. Application fee
  • Points (if you pay points, make sure your interest rate is reduced. A rule-of-thumb is to generally avoid paying any points if you plan to live in your home less than ten years)
  • Credit Evaluation
  • Loan Processing (these fees can be pretty arbitrary)
  • Appraisal Fee (cost to estimate the value of your home)
  • Title Search
  • Title Insurance (you have to pay to protect the lender. Always make sure the Title Insurance specifically protects you as well. It’s normal to pay more to protect your interests)
  • Documentation (these fees can be pretty arbitrary)
  • Underwriting (these fees can be pretty arbitrary)
  • Escrow Fee
  • Prepayment Penalty (the fee paid if you pay off your loan early)
  • The following fees are almost always “junk fees”: amortization schedule fee, trustee fee, financing statement fee, appraisal review fee, credit report review fee, document preparation fee, inspection fee, photo inspection fee, underwriting fee, warehousing fee, administrative fee, computer fee, courier fee, and overly high notary fees
  • When you ask about your interest rate, also ask about the APY (or Annual Percentage Rate) which is usually higher and a more accurate reflection of your true interest rate.

  • Generally, avoid adjustable rate loans. Adjustable rates can be attractive because the advertised rate is lower than a fixed rate. They generally allow you four payment options:
    1. minimum payment (NEVER make only a minimum payment. It won’t even cover the interest on your loan and can quickly lead to a situation where your home is worth less than your loan)
  • “interest only” payment (also not recommended. No money is going to pay down the loan or create home equity)
  • a fully amortized 15-year loan
  • a fully amortized 30-year loan
  • The later two are similar to traditional loans, except that your interest rate is adjustable.
    Here are three reasons to consider an adjustable rate.

    1. IF you know for certain interest rates can’t go up from current levels
  • the loan ceiling on the adjustable rate is below the current fixed rates
  • you plan to sell your home prior to the first rate adjustment

    Here are five questions to ask about your potential ARM rate. Adjustable rate loans often start with a “teaser rate”. This is an artificially low rate which will get adjusted higher at the first adjustment opportunity. If you do consider an adjustable rate, be sure to ask:

    1. what is the rate based upon (often a current T-bill or LIBOR rate plus an additional amount). Get complete details
  • what would be the rate today if you already had the loan and it adjusted to current levels
  • what is the floor (how low can the rate go from here)
  • what is the ceiling (what is the highest rate you would have to pay)
  • how often can the rate adjust.
  • Be sure you fully understand each of these parameters, and get them in writing. Note: if you can’t afford the loan ceiling and the fully amortized payment at that level, don’t accept the loan.

    Looking For The Right Home Loan For You

    1. The mortgage industry is unregulated. Mortgage brokers are not banks and don’t play by the same rules. There are countless stories of “bait and switch” with people being promised one thing and ending up with another at the closing table. You do not have to accept any last minute changes. While inconvenient, just walk away. (They are betting you won’t). Lets say you have found the rate and lender with which you wish to work. Here are twelve warning signs telling you to walk away from the loan. Any one is enough for you to terminate the loan right then and there.
      1. if the loan rep encourages you to borrow more than you need — walk away!
    2. if the loan rep prods you to overstate your income or understate your outstanding loans or expenses — walk away!
    3. if the loan rep tries to get you to agree to payments that you can’t afford — walk away!
    4. if the loan rep asks you to sign blank forms — walk away!
    5. if the loan rep won’t give you copies of every document you signed — walk away!
    6. if the loan rep fails to give you mandated disclosure documents — walk away!
    7. if the rep appears to pressure you — walk away!
    8. if the rep is unresponsive to your calls, is disorganized, repeatedly asks for the same documents, or is constantly blaming others for delays — walk away!
    9. if they try to sell you credit insurance or extra products you don’t want — walk away. (If you actually want the credit insurance, shop around to get the best rate)!
    10. if they try to make you do something that is against your better judgment — walk away!
    11. if they require you to deed your property to anyone — walk away!
    12. if the loan rep changes any of the terms of the loan at closing — run, don’t walk! Be aware that the further in the process you get — the more momentum builds — the tougher it is to back out. Dishonest lenders know this and are counting on it.
  • Generally, see if you can avoid paying for mortgage insurance. Some loans require mortgage insurance. Others will waive the insurance if you have a low enough debt-to-home equity ratio when you take out your loan. Most mortgage insurance protects the lender, not you.

  • Important Information about Private Student Loans #how #to #get #a #loan #with #no #credit


    #student loan information
    #

    Important Information about Private Student Loans

    Finding a way to pay for college and navigating financial aid can be a daunting process. That’s why Sallie Mae recommends a simple “1-2-3 approach” to help families pursue financing opportunities in the most economical order:

    1. Look for free money. Seek out funds that don’t have to be paid back. These funds come in the form of scholarships, grants, work-study and gift aid. Be sure to fill out the Free Application for Federal Student Aid (FAFSA ) to see if you qualify for need-based federal grants. Sallie Mae’s free Scholarship Search offers access to more than 3 million scholarships worth up to $18 billion and is another way to find free money. You should also consider supplementing with your current income and money saved through a college savings plan, and explore an interest-free monthly payment plan.
    2. Consider federal loans. You may qualify for a federal loan with a fixed interest rate and flexible repayment options.
    3. Fill the gap with private education loans. Private student loans can help cover the rest of your college costs. Sallie Mae’s Smart Option Student Loan ® encourages you to make small payments each month or pay your monthly interest while in school so you graduate with less debt, pay off your loan faster, and save significantly over the life of the loan, compared to conventional private loans. Securing a creditworthy cosigner may help you qualify or reduce your interest rate.

    Consider Your Student Loan Options

    Federal Student Loans

    Federal student loans are available to U.S. citizens attending eligible higher education institutions at least half-time. The federal government sets the interest rate on federal student loans. It also sets the loan limits, based on the grade level of the student and whether the student is classified as a dependent student or an independent student. For example, current loan limits range from $5,500 to $7,500 for dependent students, and more for independent students. The FAFSA is required. This form may be completed and submitted online at www.fafsa.gov .

    Federal Stafford Loan s are available in two types. “Subsidized” Stafford Loans are available to students who demonstrate financial need as determined by a federal formula. No interest accrues while the student is in school and during the grace period and deferments. “Unsubsidized” Stafford Loans are available regardless of need. The student is responsible to pay interest that accrues on the loan, including while in school.

    Federal PLUS Loans

    These loans are available to parents who wish to help their child pay for school, as well as graduate students. With a PLUS Loan, parents and graduate students may borrow up to the full cost of a student’s education, less other financial aid received.

    Private Loans

    Private loans are available to undergraduate and graduate students from Sallie Mae and other financial institutions and are designed to fill the gap after exploring federal student aid. Unlike federal student loans, private loans are not sponsored or guaranteed by government agencies and do not require completion of a federal form to qualify. Private loan eligibility requirements, interest rates and terms vary from lender to lender. Private loans are credit-based, thus applying with a cosigner may help students access a lower interest rate. Many lenders, including Sallie Mae, offer private loans to help cover up to 100 percent of the cost of attendance, less other financial aid received. For Sallie Mae loans, the school’s financial aid office certifies the cost of attendance and funds are disbursed directly to the school.

    College Planning Calculator SM

    The College Planning Calculator SM is a free online tool from Sallie Mae, allows users to quickly and easily build their own unique college savings and funding plan. Based on what life stage the customer is in, the Planner can help the user build a savings plan for their child’s future education, or help students and parents fund current or pending school costs.

    The Planner delivers customized education funding guidance for each family based upon their own specific finances and goals. With this interactive tool, users can estimate the total cost of education, find ways to minimize or eliminate borrowing, estimate their potential monthly student loan payment, receive timely guidance about saving and planning for school, and much more

    Illustration of the Terms of Federal and Private Loans

    Sending a child to college can be one of the most important investments a family can make. The terms of federal loans and private loans are different, as illustrated with the following two examples. Mary is in need of a loan to help fund her bachelor’s degree and her mom wants to help out. Mary’s mom takes out a Federal Direct PLUS Loan after passing a basic credit test. Mary’s mom is the loan holder and solely responsible to pay the loan. The interest rate for the Federal Direct PLUS Loan is a fixed 6.41% with a 4.3% Disbursement Fee 1. The standard repayment term is 10 years 2 and begins on the final disbursement of the loan. Parents can opt to postpone payments until after their student graduates though interest would accrue during that period.

    After exhausting other funding options, Oscar needs a private loan to help pay for his bachelor’s degree and his dad wants to help out. Oscar applies for a Sallie Mae Smart Option Student Loan. Since approval and rates for a private loan are based on a variety of underwriting factors, including credit history and income, Oscar’s dad cosigns to help his son improve the likelihood of approval and possibly receive a lower rate. With a Smart Option Student Loan, Oscar can choose to defer or make payments while in school. Oscar elects to make interest only payments and his dad helps out. Depending on creditworthiness and other factors, the APR on Oscar’s loan could be from 2.25% to 9.37% 3 with no Disbursement Fee, but the APR is variable and could go up or down after the loan is approved. After Oscar graduates and makes 12 consecutive on-time principal and interest payments he can apply to release his dad as a cosigner. 4 The repayment term on Oscar’s loan will be between 5 and 15 years, depending on the loan amount.

    Both Mary’s and Oscar’s loans offer loan forgiveness in case of their death or permanent disability. 5 In addition, interest paid on both federal and private education loans may be eligible for deduction from federal income taxes, subject to certain income restrictions.

    Sallie Mae Private Loan Credit Application Approval and Pricing

    Approval and pricing of a private student loan is based on many underwriting factors, including credit payment history, depth of credit history, credit score, ability to repay the loan, current level of indebtedness and presence of a cosigner.

    The Importance of Paying Your Loan On–Time

    Payment history can affect your future.

    On-time student loan payments can positively impact your credit. Sallie Mae encourages customers to make payments online and to participate in auto-debit to reduce the likelihood of delinquency. Some loans may qualify for an interest rate reduction for making payments through the automatic debit program. Sallie Mae alerts customers who have missed a payment and reminds them to take action to return their account to current status.

    For federal student loans, Congress created several repayment options including standard repayment, extended repayment and Income-Based Repayment, which can cap payments at 15 percent of the borrower’s discretionary income. For private education loans, repayment options vary with the lender and the loan and are typically outlined in the promissory note or contract signed before the loan is accepted.

    Making late payments can be reported to all consumer credit reporting agencies, which can make it more difficult or more expensive to obtain future credit for additional student loans, auto loans, mortgages or credit cards. Depending on the type of loan, after six to nine months of non-payment, a student loan may be considered in default. The severe and lasting impacts of loan default may include damage to the customer’s credit, job prospects, denial or loss of professional licenses, the possibility of civil litigation, and the possibility of being denied other forms of consumer credit for years to come. On federally guaranteed student loans, the Department of Education can also recover funds through wage garnishment, the seizure of income tax refunds and federal benefit payments, or the loss of eligibility for additional federal student aid. Both Federal and private student loans typically do not qualify for discharge in bankruptcy.

    Student loan borrowers experiencing difficulty are encouraged to contact their loan servicer to explore whether an alternative payment arrangement is available.


    Important Information for Summer 2016 #military #loan


    #fafsa loans
    #

    Student Financial Aid and Scholarships

    Important Information for Summer 2016

    • Summer Application available: Early spring 2016

  • Summer Priority Date: February 15, 2016
  • 2015-2016 FAFSA Deadline: June 30, 2016
  • Summer Application Deadline: TBD

    To be considered for Summer 2016 Financial Aid Money provided to the student and the family to help them pay for the student’s education. Major forms of financial aid include gift aid (grants and scholarships) and self help aid (loans and work). you must:

    Enrollment Information for Summer 2016

    1-4 graduate hours

    Disbursement Disbursement is the release of loan funds to the school for delivery to the borrower. The payment will be made co-payable to the student and the school. Loan funds are first credited to the student’s account for payment of tuition and fees. Any excess funds are then paid to the student in cash or by check for the purpose of paying for other educational expenses. of Financial Aid Scholarship A scholarship is a form of financial aid given to students to help pay for their education. Most scholarships are restricted to paying all or part of tuition expenses, though some scholarships also cover room and board. Scholarships are a form of gift aid and do not have to be repaid. Many scholarships are restricted to students in specific courses of study or with academic, athletic, or artistic talent. Funds

    Anticipated Aid Awards the student has “Accepted” on myUNT. Anticipated Aid does NOT include Work-Study or Parent (PLUS) Loans that have been denied due to adverse credit history by the lender. Parent (PLUS) Loans will count toward Anticipated Aid if the Parent (PLUS) Loan borrower does not have an adverse credit history and SFAS has received a credit approval by the lender. If your Anticipated Aid does not cover your Tuition and Fee balance, payment for the difference must be made to your student account to prevent your classes from being dropped. Payments can be made online at MyUNT.

    Attendance and Withdrawal Information