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I am a second year college student, i already completed the fasfa and i just recieved a loan for the next two upcoming semesters. i dont plan to work while in school i only work only during the summer. what are my options? thx.

2006-08-07 18:26:48 · 7 answers · asked by John D 1 in Education & Reference Financial Aid

7 answers

Looking for a free ride... Loans for farmers works. Get a 1 year loan note. One problem here. First have to have very good credit and second most important one. When the note comes do YOU will have to pay it in full. So let's say you get $2,500.00 one year note. At 36% because not working and you are young. After one year you will have to pay in one payment the amount of $3,400.00. If you pay it off a little sooner it will be less. There no payment plans on this type of loan. Or just go ask a bank what they can do for you. Nothing most of the time.

2006-08-12 00:29:06 · answer #1 · answered by James H 3 · 0 0

1

2016-09-26 19:13:46 · answer #2 · answered by Kathleen 3 · 0 0

If you'd have the money to pay the car loan payments, buy one outright - something not too expensive that you can afford. Or find a place to live where you can get to classes by walking or by public transportation - some schools provide bus passes.

Unless you have credit built up and the ability to pay a loan, you're not likely to get one without a cosigner.

2006-08-08 05:55:51 · answer #3 · answered by Judy 7 · 0 0

nicely, i could first. How a options away is your college? If that's not too a options there is likely a bus that runs from the position you're to that region or on the point of it. you've 2 recommendations in college. First: you stay to inform the tale campus in a dorm and could no longer really choose a vehicle for far. that's correct and maximum freshman are required to stay to inform the tale campus with the help of many colleges. if that's the case opt for this. you'd be on the point of your coaching, your persons, and the eating corridor; there heavily isn't too a lot that you're going to need off campus. And once you stay to inform the tale campus you'll make acquaintances on your corridor and that i'm confident a minimum of honestly one of them has a vehicle for something you could want off campus. if you're residing off campus you should imagine about getting a bike or discover someplace that is interior strolling distance of you college so that you gained't choose a vehicle. As for a telephone that is no longer really something you won't be able to stay without. once you've a roommate clarify the region and tell them you do not have a telephone. besides the undeniable fact that get all and distinctive's numbers and keep them in a workstation that you've with you frequently so in case of an emergency you'll hit upon a pay telephone or borrow a stranger's telephone and get in contact with them. if you're residing in a dorm there is continuously someone round of their room. playstation : keep up for a telephone with the help of having a job, yet get a job contained in the 2d semester use the first to get used to the workload. which will likely take you with the help of marvel. Goodluck.

2016-11-23 15:24:23 · answer #4 · answered by ? 4 · 0 0

Only the kind designed to put you in debt and get your car repo'd in the end anyway. Don't take out a loan, it's just stupid. There are plenty of cheap used cars for sale. Throwing your money away on a shiny dealership bought car is foolish.

2006-08-13 09:19:37 · answer #5 · answered by bradley L 3 · 0 0

you sould study first and finish your studies, and now u have got loans for yours study i think u dont have any problem in your life so go head in your studies and get your certificate and than you can work and get high wages

2006-08-07 18:39:11 · answer #6 · answered by Arond R 1 · 0 0

the money is for your school not for anything else. what will you do when u have to reg. for next semester but don't have the money for

2006-08-15 15:41:28 · answer #7 · answered by msuywest 2 · 0 0

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