Warning: include() [function.include]: URL file-access is disabled in the server configuration in /usr/home/ms/domains/hurryloan.com/html/answers.php on line 78 Warning: include(http://www.hurryloan.com/rightbar.php) [function.include]: failed to open stream: no suitable wrapper could be found in /usr/home/ms/domains/hurryloan.com/html/answers.php on line 78 Warning: include() [function.include]: Failed opening 'http://www.hurryloan.com/rightbar.php' for inclusion (include_path='.:/usr/local/share/pear') in /usr/home/ms/domains/hurryloan.com/html/answers.php on line 78   Go Back To Search Results Question How does the interest on education loans accrue? I am talking about private loans. Say I am getting a $20,000 unverified private loan with an interest rate of prime(7.75). What will this loan be in 1 year with no payments? I am struggling with exactly how to figure this out. I am looking at putting my federal loans in a high yield savings account as being a nurse they will be paid after a while of working. I know this question is kind of scattered, but so is my head right now. By nwaff102 Posted on 10/25/07 Total Answers 1 Answers- Just call your lender. They can easily and quickly tell you. Answer by : John On Date 2007-10-28 19:42:52   Go Back To Search Results