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Canada
direct
loan consolidation
Click
here for a Canada direct loan consolidation
Canada direct loan
consolidation: Up to date info and the b
est services
With direct loan
servicing you do have certain rights before you leave school. You must
also remember that course load changes can affect direct loan debt
consolidation mortgage.
We'll discuss this more below.
Remember; with direct debt
consolidation servicing you do have certain rights as a borrower. Before you
leave school, you should have received the following information about
your loan from your school, lender and/or the direct consumers
debt consolidation servicing
center: The amount of your total debt
(principal and estimated interest), what your interest rate is, and the
total interest charges on your loan. If you have FFEL Program Loans, you
should know the name of the lender or agency that holds your loan, where
to send your payments, and where to write or call if you have questions.
If you have Direct Loans you should have the address and telephone
number of your Direct Loan Servicing Center, the fees you should expect
during repayment period, such as late charges and collection or
litigation costs if you are delinquent or in default, an explanation of
available options for consolidating or refinancing your loan and a
statement that you can repay your loan without penalty at any time.
Please remember, if you
have any questions or concerns about your loan, your school's financial
aid office and the direct debt
consolidation service center are there to help. Once
you receive a loan, you will be notified of your servicing center
location (the toll-free telephone number and address will appear on all
correspondence and monthly statements from the Servicing Center). You
should always use that information when needing information on direct
loan servicing.
As
with any direct home
equity loan rate servicing, be aware that changes in course load may
impact the amount of your aid. Check with your financial aid office
before you change your course schedule or credit load. Before obtaining
an alternative loan, be sure to compare the terms with those of other
loans, including federal and state education loans, home equity loans
and lines of credit, personal lines of credit, credit cards, loans and
personal loans from relatives, friends, and neighbors. Calculate the
total cost of an alternative loan before signing up with a debt
consolidation firm that
offers a lower introductory rate.
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