Debt College Loan Consolidation

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Debt consolidation - Debt consolidation entails taking out one loan to pay off many others. This is often done to secure a lower interest rate, secure a fixed interest rate or for the convenience of servicing only one loan.

SLM Corporation - SLM Corporation (NYSE: SLM), commonly known as Sallie Mae, is the United States' number one college student loan company, managing more than $122.5 billion in debt for more than 8 million borrowers, and employing 10,000 individuals at offices nationwide.

Debt-to-income ratio - Debt-to-income ratio is used by a lender to see if a borrower qualifies for a home loan. A debt-to-income ratio of 28/36 means that no more than 28% of someone's income can go to housing and no more than 36% of one's income can go to the total monthly debt.

Home equity loan - A home equity loan is a type of loan in which the borrower uses the equity in his home as collateral. These loans are sometimes useful for families to help finance major home repairs, medical bills or college educations.


Suggested Web Sites

Priority Mortgage Group - Offering loans for new purchase, home equity, debt consolidation, and investment property. Offices in Butler, Altoona, Williamsport, and State College.

Advantage Mortgage Services, Inc. - Residential financing consultants. Includes information on home equity, new construction loans and debt consolidation. Based in State College.

Source: BazSites.com

Web Links

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College Consolidation Loan -   College Consolidation Loan College Financial Aid for African-Americans by Thomas Alexis LaVeist, How are you going to pay for ...

Private Student Loan Consolidation - Private Student Loan Consolidation Aiding Students, Buying Students: Financial Aid in America From the first scholarship given to Harvard in 1643 ...

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Federal Government College Loan -   Federal Government College Loan Keeping the Compound Republic: Essays on American Federalism by Martha Derthick, The framers of the U. S. ...
















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