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on default of a va-guaranteed loan the va will pay the
[link widoczny dla zalogowanych]
[link widoczny dla zalogowanych]
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Guaranteed student loans are Federal or state funded loans for students looking to finance their college education. They are distinct from personal, private or alternative loans in that they are backed by government funds. Up until 2010, guaranteed loans were available through private lending institutions under the Federal Family Education Loan Program (FFELP). These loans were funded by the Federal government, and administered by approved private lending organizations. In effect, these loans were underwritten and guaranteed by the Federal government, ensuring that the private lender would assume no risk should the borrower ultimately default. [link widoczny dla zalogowanych] Seeking Professional Help Fast Facts |
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