Need loan next year
Date: Fri, 03/11/2011 - 03:51
If I need student loan next year, can I take it now and use them in money market account?
I don't think it will be possible for you to take a student loan
I don't think it will be possible for you to take a student loan this year and invest it in the money market account now and then again use it in the next year.
Well, you'll have to contact the lenders in your locality for th
Well, you'll have to contact the lenders in your locality for that. But, I doubt whether the lenders will agree to give you loan one year early.
You have to be a student to even qualify for a student loan. B
You have to be a student to even qualify for a student loan. Besides, even money market accounts are not paying that much interest right now...you would be paying more in interest.
The federal regulations stipulate loan money is to be used for s
The federal regulations stipulate loan money is to be used for school related expenses