Sure, no problem. You need to know that the payments of the loans are fixed and made for up to 10 years and for 10 an 30 years for consolidation loans.
Are you already paying or about to start paying your loan?
Yes, that's right, I'm about to, but I would like to know the condition of the payments, specially the timing.
Alright. Well, talking about the interest you will pay, this will be the least amount of interest over the life of your loan.
I would like to know if when I obtain an alternative plan for the payment of my loan, it changes?
Under this alternative repayment plan, your required monthly payment is not based on your income.
How does the standard repayment plan benefit me?
We can offer you a repayment plan that will help you save money over time because your monthly payments may be slightly higher than payments under other plans, this will make you pay it faster.
I have another question about FFEL Program loans. That plan might be ideal for making lower payments,? don't you think?
Absolutely. If you're a Federal Family Education Loan Program user, then you could for this reduced payments plan.
If I want a lower loan repayment plan, do I have the option to choose?
Yes, that's right.
And how much I will have to pay?
you will pay the least amount of interest over the life of your plan.
And what is the monthly plan?