Share post
Share
Debt Consolidation Forums Student Loans and Education Debt forums

Stafford Loan what is that?

Date: Sun, 03/01/2020 22:33
member profile picture
Posts: 1
Credits: 0
[Donate]

Stafford Loan what is that? any approx interest rate




Stafford loa is a federal student loan. Last year, in 2019, the interest rate on the loan ranged somewhat in between 4.5% to 7%.

Sub: #1 posted on Mon, 03/02/2020 - 00:12

Good Nelly Good Nelly
Industry Expert
(Posts: 2825 | Credits: )

Well, this is a federal student loan available to both undergraduates, graduates, and working students. They have a fixed interest rate. Both the subsidized and unsubsidized are available. The interest rate on the loan is usually adjusted annually on July 1st of every year. But the interest rate doesn't surpass 8.25%.

Sub: #2 posted on Mon, 03/02/2020 - 20:00

Nick Jonas Nick Jonas

(Posts: 428 | Credits: )


DebtConsolidationCare (IAPDA member)
BBB (A+) logo for DebtCC
Connect With Us
About Us | Contact Us | Privacy Policy
Copyright © 2020 DebtConsolidationCare | 301 W. 11th Street Unit E, Reno, NV, 89503, United States
* Disclosures:
  1. By signing up a debt counseling session, your provided details (Name, Email ID and Phone No.) will be forwarded to the company advertising on the DebtCC. However, you have no obligation to use their services.
  2. Some creditors and collection agencies refuse to lower the payoff amount, interest rate, and fees owed by the consumer.
  3. Creditors/collection agencies can make collection calls and file lawsuits against the consumers represented by the debt relief companies.
  4. Debt relief services may have a negative impact on the consumer's creditworthiness and his overall debt amount may increase due to the accumulation of extra fees.
  5. The amount which the consumer saves with the use of debt relief services can be regarded as taxable income.
Page loaded in 0.345 seconds.