Berkeley CSUA MOTD:Entry 15030
Berkeley CSUA MOTD
 
WIKI | FAQ | Tech FAQ
http://csua.com/feed/
2025/05/24 [General] UID:1000 Activity:popular
5/24    

1998/11/25-29 [Finance/Banking] UID:15030 Activity:low
11/25   Does anyone know of a credit union/bank that will loan to students
        on a relatively low interest rate? perhaps $2000/1yr?
        Thanks ...
        |_ You could see about a standard student loan, I think they have
           nice rates and interest deferred until you graduate etc.
                \_If you can get yourself a perkins loan, the deferred
                  interest is 5%, as opposed to the adj rate of direct
                  loans which are 7+%.
                \_ Get a credit card with a low introductory rate, and ask
                   for convenience checks.
                \_ Some convenience checks charge 2-3%...read the fine
                   print.
                        \_ Actually, I got a Southwest VISA card with a
                           low introductory rate, and they haven't charged
                           me for using their convenience checks. But yes,
                           do read the fine print.
                          \_ but they do charge the normal cash advance
                             interest, which is typicall 14-19%/yr
2025/05/24 [General] UID:1000 Activity:popular
5/24    

You may also be interested in these entries...
2013/8/29-11/7 [Finance/Banking] UID:54734 Activity:nil
8/29    Applying for a home loan now. The loan officer keeps asking why
        I wrote large amounts of check, and what they're for, and fax
        her proof to support what I said. She said loan regulations have
        tightened a lot to prevent money laundry. What is the max amount
        of money I can transfer these days without triggering annoying
        audits? I am not a terrorist.
	...
2013/5/13-7/3 [Finance/Banking] UID:54676 Activity:nil
5/13    Does FDIC ever matter? How likely is it that your deposit of
        over $250k going to be screwed over in a major US bank?
        \_ Was Washington Mutual a major bank?
        \_ Was Washington Mutual a major US bank?
        \_ Hahahahahahahahahahaha. Good one.
        \- As with nuclear weapons, this insurance produces much of its value
	...
2013/3/9-4/16 [Finance/Banking] UID:54621 Activity:nil
3/9     In a 15/30 year loan, the amount of payment stays the same but
        the payment on interest decreases while the principal increases.
        Suppose I decide to pay off a huge chunk of principal, will
        the amount of interest I need to pay decrease drastically, or
        do banks still want to take out a huge chunk of interest rate?
        \_ You don't actually have separate "interest" and "principal"; you
	...
2009/11/21-30 [Finance/Banking] UID:53538 Activity:moderate
11/21   I'm trying to figure out how much I save. Does money I contribute
        to debt (student loans and car loan) considered money I "save"?
        \_ "I'm trying to figure out how healthy I am. I normally
           smoke 2 packs a day but now I've cut it down to just
           1 pack a day. Does the reduction count towards health
           that I hope to 'gain'?"
	...