A few days ago
Just Me

If you apply for a student loan but you needed 3 diffe. loans to complete the amount needed for school do you?

Sign once or three different times for each loan.

Back in 1997 I sined for a loan & now after years I come to find out I have three loans not one.

Top 2 Answers
A few days ago
jml167

Favorite Answer

If I understand your question correctly, you are saying that in order to pay your tuition and get the full amount of loan money that you were entitled to, you signed paperwork for a student loan. You thought you were only signing for one loan, but it turned out to be three instead. This is fairly common. Most people have a combination of student loans. They are usually a subsidized Stafford loan, an unsubsidized Stafford loan, and possibly a Perkins loan, PLUS loan, or a private student loan. Since all of the loans have different interest rates and different repayment plans, they are treated as separate loans. If all of the loans are from the same company, you only have to sign one master promissory note for all of them. You should check with your student loan company to make sure that they amount that they say you owe matches with the amount that you borrowed, but its probably legit.
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A few days ago
Sadie S
Are u sure u know how much u even owe!!? Read and understand what u are signing BEFORE u sign..this is how ppl avoid major mistakes that cost $$$$.
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