We recommend that along with interested in the solution to your concern with this web web page, you ought to go through our preparing for Loan Repayment and Loan Repayment Alternatives pages on this website to become acquainted with the terms and payment choices that are available.
There in fact is nobody correct answer to some of these concerns. With as much information about the process as possible, it is also always a good idea to check with the servicer of your loan about a specific question as you will see, in most cases the answer will depend on your particular situation, so not only should you try to familiarize yourself.
The lending company could be the company from where you borrowed your loans. The lender is the federal government if you have Direct loans. The lender was either a bank or other financial institution if you borrowed through FFELP.
The guarantor may be the company which offers a warranty of payment to your loan provider if you should default on that loan. Read more