Government debt consolidation loans are loans extended to pay off certain debts except for personal use. This kind of loan is usually availed by students who have multiple student loans to pay off. A debt consolidation loan done by the government differed from a standard student consolidation in its repayment system. There are four types of repayment system in a government consolidation loan and these are the standard repayment option, graduated repayment option, extended repayment option and income based option. Understanding each type will give you a better understanding on how to handle your government consolidation loan. [Read more…]
Government Student Loan
In the US, many students who want to get into college or even graduate school resort to applying for a government student loan for financial aid. These programs allow them to focus on academics and not on the money they need to stay in school. Many universities, colleges and trade schools participate in providing such financial assistance guaranteed by the Federal government. [Read more…]
