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Posts Tagged ‘Student Loans’

How do student loans affect a mortgage applicaton?

November 27th, 2009 Tim No comments
loans
LadyLiberty asked:

I have $60,000 in various student loans, but since consolidating my combined payment is only $300/month. I have no other debt. Do lenders view student loan debt differently due to the flexibility of the loans? Also, would they look more at the total amount of the debt or the monthly payment when determining the rate and loan amount?

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What does it mean when my student loans have a zero balance due to a claim?

May 5th, 2009 Tim 2 comments
loans
river85715 asked:

My student loans are through NelNet and I received a letter from NelNet instructing me to stop making payments. The reason they give is that my student loan account has been paid by a claim and now has a zero balance. I have had student loans since 1995; but I also have filed bankruptcy. What does all this mean? What claim paid my loans off? Did I or someone else get sued for the money?

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