Personal Finance

Which of the following is not one of the situations that can defer student loan payments?

A. Peace Corps service
B. change in citizenship
C. postsecondary study
D. economic hardship

  1. 👍 0
  2. 👎 1
  3. 👁 196

Respond to this Question

First Name

Your Response

Similar Questions

  1. Financial

    You need a 30-year, fixed-rate mortgage to buy a new home for $235,000. Your mortgage bank will lend you the money at an APR of 5.35 percent for this 360-month loan. However, you can afford monthly payments of only $925, so you

    asked by Wawa on November 6, 2018
  2. Finance

    You have arranged for a loan on your new car that will require the first payment today. The loan is for $32,000, and the monthly payments are $620. Required: If the loan will be paid off over the next 60 months, what is the APR of

    asked by Alec on February 19, 2014
  3. Finance

    Sutton Corporation, which has a zero tax rate due to tax loss carry-forwards, is considering a 5 year, $6,000,000 bank loan to finance service equipment. The loan has an interest rate of 10% and would be amortized over 5 years,

    asked by Nick on April 12, 2011
  4. Math

    Suppose you take out a 45​-year ​$100,000 mortgage with an APR of 6​%. You make payments for 2 years ​(24 monthly​ payments) and then consider refinancing the original loan. The new loan would have a term of 20 ​years,

    asked by BB on April 18, 2019
  5. Economics

    Which is an example of an unsecured revolving loan? student loan credit card auto loan*** home mortgage

    asked by Emma on October 31, 2019
  1. Amoritizing Loans

    "A woman borrows $6000 at 9% compounded monthly, which is to be amortized over 3 years in equal monthly payments. For tax purposes, she needs to known the amount of interest paid during each year of the loan. Find the interest

    asked by Norah on September 25, 2011
  2. Finance

    Victor would like to buy his first car and the one he has his eye on is $25,000 plus an extra 13% HST for a total price of $28,250. The dealership has a deal for 0% down payment and charges 2.89% interest on the loan. Victor plans

    asked by JJ on January 27, 2020
  3. math

    A college student receives an interest-free loan of $10,200 from a relative. The student will repay $200 per month until the loan is paid off. a) Express the amount P (in dollars) remaining to be paid in terms of time t (in

    asked by math on September 28, 2019
  4. Compound Interest : Future Value and Present Value

    Payments of $1800 and $2400 weere made on a $10,000 variable-rate loan 18 and 30 months after the date of the loan. The interest rate was 11.5% compounded semi-annually for the first two years and 10.74% compounded monthly

    asked by Math on July 24, 2009
  5. Finance

    Loan Payments - If you take out an $8,000 car loan that calls for 48 monthly payments APR of 10 percent, what is your monthly payment? What is the effecgive annual interest rate on the loan? the montly rate is 0.10/12=.0083333...

    asked by Antoinette on March 18, 2007

You can view more similar questions or ask a new question.