Educational Loans Basics

If your are living in USA and planning to get yourself equipped with latest education or going to earn some degree or thinking of going to college and you are scared of the financial Burdon attached to it then you are not alone ,a number of young people in USA are facing the same problem. There are number of solution to it and one of them is loan. Frankly speaking I am against loans and the reason is that when someone takes loan then that one is using or capitalizing ones financial cushion, financial freedom and economic comfort of tomorrow but at the same time higher education is important .

Scholarships can be a solution to it although in some of the scholarships one has to fill the bond of employment for some time but believe me its much much batter than taking loan and I recommend of getting hold of some scholarship .So you are the better judge yourself .Think of a loan as last resort. Don’t consider it as the first option.

Now, if you think that you just have last resort then there are few loan options available for you. Every option is different from other and each option’s suitability varies from case to case and individual to individual. So you are the best judge if in doubt get help from others.There are two main types Fedral Education loans and Private Education Loans.

1. Federal Education Loans: These are the loans arranged through the US government.

There are two main types of Federal Education Loans,

a. Federal Family Education Loan Program: Funding to Federal Family Education Loans is given by the private lenders .These private lender include banks, credit unions and various financial organizations. It has its own eligibility and repayment options.

b. William D. Ford Federal Direct Loan Program (commonly known as direct loan Program): Funding to federal direct loans is provided by US government. These funds are distributed through the respective educational institute i.e in case of Federal Education loans government will send the funds to Educational Institute and that institute will distribute it into the students. It has its own eligibility and repayment options.

It is important to note that there are few loans which are given to the parents or guardians of the students.

2. Private Education Loans: These are the loans which are given independently without any involvement of government. There are many non public organizations (banks, big companies) which provide funding to these types of loans but their interest rate can be higher.

There are also different kinds of student loans available depending on your field of study. You can get information from your college accounts departments but while choosing the loan option do consider the loan interest rates and the terms and conditions and remember an option suitable to someone else may not be suitable to you.

Source:

Student loans & Scholarships

KSE Stocks

Market is showing some mixed trends ,it seems that bulls are getting out of the market or staying away.but there are few stocks whicjh keep their market value.


Kse Preffered Stocks:

FFC,Fccl,Engro,DGKC,AICL

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The Height of Brilliance :P

(On September 17, 1994, Alabama's Heather Whitestone was selected as Miss America 1995.) Question: If you could live forever, would you and why?Answer: 'I would not live forever, because we should not live forever, because if we were supposed to live forever, then we would live forever, but we cannot live forever, which is why I would not live forever,'
--Miss Alabama in the 1994 Miss USA contest . ,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,

'Whenever I watch TV and see those poor starving kids all over the world, I can't help but cry. I mean I'd love to be skinny like that, but not with all those flies and death and stuff.'
--Mariah Carey,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,

'Smoking kills. If you're killed, you've lost a very important part of your life,
'-- Brooke Shields, during an interview to become spokesperson for federal anti-smoking campaign .,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,, '

I've never had major knee surgery on any other part of my body,'
--Winston Bennett, University of Kentucky basketball forward .,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,

'Outside of the killings, Washington has one of the lowest crime rates in the country,'
--Mayor Marion Barry, Washington , DC . ,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,

'That lowdown scoundrel deserves to be kicked to death by a jackass, and I'm just the one to do it,
' --A congressional candidate in Texas .,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,'

Half this game is ninety percent mental.'
--Philadelphia Phillies manager, Danny Ozark,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,, ,,,,,,,,,,,,,,,,,

'It isn't pollution that's harming the environment. It's the impurities in our air and water that are doing it.'
--Al Gore, Vice President,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,

'I love California . I practically grew up in Phoenix .
'-- Dan Quayle,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,

'We've got to pause and ask ourselves: How much clean air do we need ?
'--Lee Iacocca ,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,

'The word 'genius' isn't applicable in football. A genius is a guy like Norman Einstein.
' --Joe Theisman, NFL football quarterback & sports analyst. ,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,'

We don't necessarily discriminate. We simply exclude certain types of people.
'-- Colonel Gerald Wellman, ROTC Instrutor. ,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,

'Your food stamps will be stopped effective March 1992 because we received notice that you passed away. May God bless you. You may reapply if there is a change in your circumstances.
' -- Department of Social Services, Greenville , South Carolina ,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,

'Traditionally, most of Australia 's imports come from overseas.'
--Keppel Enderbery ,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,

'If somebody has a bad heart, they can plug this jack in at night as they go to bed and it will monitor their heart throughout the night. And the next morning, when they wake up dead, there'll be a record.'
--Mark S. Fowler, FCC Chairman,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,

What is a Loan,its Types and Basics

Loan:

A loan is form of a debt normally considered in terms of money.Apart from money any other material like equipment ,materials,vehicles etc can be taken on loan.In monetry loans a lender gives money to a borrower with some terms and condition.Now the lender actually plays with the borrower under the clauses of "terms and condition".Borrower especially students or new persons at time of taking money dont read these terms and conditions carefully as one is more concerned about money at that time but the problem happens later.loan is provided on account of extra money termed as loan which lender will get from the borrower.For e.g if the lender give $1000 ,he/she may get $1100 back ,depending upon the interest rates.
Borrower has to return the money to lender in form of installments.These instalments can be regular or irregular depending upon the terms but what ever the case may be in start borrower pay the instalments according to schedule but later it becomes burdon on the borrower.He/She become irregular in paying the instalments and their ones trouble start.The panelities are heavy and its difficult for a borrower to repay beacuse no one knows of future.Apart from interest,additional restrictions may be added to the loan terms.
Now the question is who is the lender? The simple answer can be that any person having money can be a lender but normally the financial institutions are the lenders.These institutions are giants so they can easily enforce the terms mentioned in the contract and conditions.

Types of loan:
There are two main type of loans,
a. Secure loans
b. Unsecure loans
a. Secure loans:
These are the loans in which the borrower provide some type of guarrentee in form of some of his/her property (house,car etc).There are various type of secure loans,
1. Mortage loan: In this borrower pledge the house which one will get after paying the loan money.
2. Auto financing: These are the loans for automobiles.There are two types of auto loans.
I. direct
II. indirect.
A direct loan is the one in which bank gives the loan direct to a borrower.An indirect loan is the one in which bank gives the loan to the automobile manufacturer/dealerand they act as intermediate party.

b. Unsecure loans:
These are the loans in which bank dont pledge anything of borrower. These are given to the customers depending upon their credit ranking under the umbrella of various packages varying from institution to institution.These loans can be,
1. Personal loans
2. Overdrafts
3. Credit cards
4. Corporate bonds
5. Student Loans

The interest rates applicable to these different forms may vary depending on the lender and the borrower. These may or may not be regulated by law.

General Loan rules:
Every country has its own rules and regulations but generally following rules are being followed,
1. Loan is not considered as gross income to borrower as he has to return it.
2. Similarly repayment of loan is not considered as gross income to the lender.However,Interest paid to the lender is included in the lender’s gross income.
3. Interest paid to the lender may be deductible by the borrower in some cases.

Source: http://consolidatingstudentloans4u.110mb.com/

Gold price predictions

Recommend:

Strategy 1:
Sell 893/ Stop loss: 900/ Targets: 883 and 870


Statergy 2:
Sell on break 883 support if the strategy 1 could not entry.Sell: 881-882/ Stop loss: 887/ Target: 870

In current overbought state observed on minor filters in stock exchanges, and Kse index entering the volatility zone, the short-term trading oriented investors are advised to book profits between 7,515~7,725 levels, and wait for a decisive breakout before focusing at 8,108 levels.

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PTC, HCAR, INDU, ATRL, EFUG, FCCL, DAWH, BOP, MARI, PNSC, ICI, DGKC, NML, ABL, AICL, BAFL and UBL.

.

Student loan consolidation

Consolidation or amalgamation is the act of merging many things into one. In business, it often refers to the mergers or acquisitions of many smaller companies into much larger ones. The financial accounting term of consolidation refers to the aggregated financial statements of a group company as consolidated account.
There are many types of Consolidations like,
1. Bussiness Consolidation
2. Data Consolidation
3. Loan Consolidation
4. Memory Consolidation
5. Server Consolidation
6. Student loan Consolidation
Now Student loan Consolidation can be divided into three main parts,
a. Private Student loan Consolidation
b. fedral Student loan Consolidation
c. Direct student loan consolidation

Athough student loan consolidation is one option to manage the repayment of your student loans, it’s not the right option for all borrowers, particularly those who are simply trying to reduce their monthly student loan payments. In those cases, other repayment options may better suit borrower needs.so its very important that before student loan consolidation you check from various sources.the alternatives present and then at last u find it feasible then go for Student loan Consolidation.there sre many online loan consolidation service providers and student loanconsolidationcompanies.

KSE PREFFERED STOCKS

Preferred Stocks:

PTC, POL, HCAR, INDU, ATRL, EFUG, FCCL, DAWH, MARI, PNSC, ICI, DGKC, NML, ABL, AICL, BAFL and UBL.