Two types of student loans are _____. the perkins and stafford scholarships and stewardships grants and personal loans pell and academic competitiveness user: reading the terms of credit carefully and protecting your credit card number are examples of _____. demonstrating good capacity consumer rights being a responsible consumer using credit responsibly
Two types of student loans are Perkins and Stafford.
competitiveness user: reading the terms of credit carefully and protecting your credit card number are examples of being a responsible consumer.
Explanation:
Stafford loans are made to students based on the demonstrated needs resulting from the information in FAFSA form. The federal government pays interest on the loan until you are in school. Stafford's maximum amount of loans is limited, and limits are periodically adjusted for inflation. Perkins loans are another type of loan that is supported by the federal government. The difference between Perkins loans and Stafford loans lies in determining which students get loans. Each year, participating colleges and universities receive a certain amount of federal government money to make Perkins loans. Then the schools, rather than the government, determine which students will be offered loans.
Thoroughly reading the credit terms and protecting your credit card number protects you from paying abusive fees and prevents someone from using your card without you knowing. These practices show that you are a responsible consumer.
