Laura Schmid
Laura Schmid answered

When it comes to loans or any act of borrowing financial assistance from a moneylender or from a bank you will eventually know about deferment.

Deferment or what can be called Forbearance, it allows you to stop (temporarily) your federal student loan payments. Or even temporarily reduce the amount you pay.

Laura Schmid
Laura Schmid answered

Just like any other loans, may it be a loan from a licensed money lender, Medium-term loan has its' pros and cons.

Among the benefits you can have are:
1. Set monthly fees
2. Fixed interest rates
3. Improved Credit score
4. Many uses covered since term loans can be used for a variety of … Read more

Laura Schmid
Laura Schmid answered

Before applying for a home loan, you have to check yourself first and ask if you really need it. It should be your last resort if you are in pressing need of financial assistance particularly if it involves purchasing a house.

It got pros and cons. But among the advantages you can get is you'll … Read more