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| Title: | Parenting |
| Notice: | Previous PARENTING version at MOIRA::PARENTING_V3 |
| Moderator: | GEMEVN::FAIMAN Y |
|
| Created: | Thu Apr 09 1992 |
| Last Modified: | Fri Jun 06 1997 |
| Last Successful Update: | Fri Jun 06 1997 |
| Number of topics: | 1292 |
| Total number of notes: | 34837 |
991.0. "Ever hear of "College First"?" by CAPNET::PJOHNSON (aut disce, aut discede) Wed Jul 26 1995 22:22
My wife and I met with a gentleman this evening. He represents
"College First", affiliated with Mid-West National Life Insurance Co.
of Tennessee.
His pitch is (in the case of my 14-year-old son), we pay approx.
$60/month, which builds cash value and pays for some term insurance
for my son, and in return College First will guarantee to loan my son
up to $30,000 (4, 5, 7, 7, and 7k) to be repaid starting six months
after graduation at Prime+2% simple interest - up to 15 years to
repay.
I haven't run the numbers yet and was wondering if anyone had heard of
this plan?
Thanks,
Pete
| T.R | Title | User | Personal
Name | Date | Lines |
|---|
| 991.1 | Insurance companies, blech | TRACTR::HATCH | On the cutting edge of obsolescence | Thu Jul 27 1995 11:36 | 7 |
| You pay a monthly fee for the "guarantee to loan"? Perhaps you should
talk to a banker about the ease/difficulty you can expect for a student
loan. Doesn't sound like a bargin on the surfice, you can get loans
without paying fees in addition to interest.
Gail
|
| 991.2 | ????, TN | MSDOA::GUYN | My Reality Check Bounced! | Mon Jul 31 1995 09:50 | 6 |
| Do you know where in Tennessee? I am in Tennessee adn will check them
out if you can determine which city....
Dtn 366-7320
nicole
|