FORUM PROFILE

Higher Education Loan

  • Creator
    Topic
  • November 30, 2011 at 5:34 pm EST #2416
    katann
    Member

    If a loan purpose is for debt consolidation and college expenses but the loan is secured by real estate, Is it exempt from the requlations and disclosure requirements for Private Education Loans.

  • Creator
    Topic
Viewing 1 replies (of 1 total)
  • Author
    Replies
  • December 1, 2011 at 2:32 am EST #2818
    JGo9
    Participant

    I think you were headed in the right direction. If the loan is secured by real estate you do not need to comply with the three required disclosures associated with Private Education Loans.

  • Author
    Replies
Viewing 1 replies (of 1 total)
  • You must be logged in to reply to this topic.