I owed a student loan 8 years ago. Can I pull another student loan, if return my previous loan?

5 ANSWERS

1. Guest24535943
   

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2. Guest24298839
   

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3. Guest16174417
   

   Hi, my name is Amanda fisher, i was in serious need of financial aid due to the current global financial melt down finding such was very difficult. i was so desperate even to the extent that i got scammed to the tune of eight thousand dollars.($8,000 dollars). But God finally came to my rescue when i came across Mr William Smith who eventually secured for me the loan that i have so desperately wanted. You can reach him via email on williamsmith.loansupport@gmail.com

   Report (0) (0)  |   2 years, 3 month(s) ago  

4. Guest805
   

   your only option is to obtain a private loan. once your state of higher education sees you are in default, it will not grant any student loans until the previous is paid first.

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5. Guest5734
   

   I'm a bit confused as to what you are asking exactly, or what your circumstances are regarding this prior loan. Is the loan (federal loan?) from 8 years ago in default, or have you been making regular payments on it and it is in good standing? If it is in good standing you can have the loan deferred for In-School status while you are re-enrolled in school.
   
   If you are in default on this loan then you will be required to resolve the default before being eligible to receive additional federal aid, including federal loans.
   
   Taking out a loan to pay off another is only useful if you are replacing it with a better loan, meaning a lower interest rate in most cases.

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