Approval Info...
Getting approved for a private college loan
Getting the education that you
have always wanted is not as hard as your may think it is. Getting approved for
private student loans is as simple as the click of a mouse if you have excellent
credit or a cosigner with an excellent credit history. BUT, these student loans
must be used responsibly, spent on school, tuition and college related expenses.
Repayment is a MUST. If you fail to repay your student loans, it could very well
injure your credit score and prevent you from obtaining credit dependent
purchases like your first house when you finally find it.
If you are still unsure as to
what you need to do to apply for private student loans, start at the top of this
private student
loan page and browse lenders and compare offers. Also seek
the advice of a loan specialist or counselor at your school. Together the two of
you, along with your parents, can choose the best collegiate lender's option to
meet your own scholastic funding needs.
|
PRIVATE STUDENT LOANS
As the overall cost of
attending college increases, most students and parents find themselves
unable to covers all the expenses. This is one of the reasons why Private Student Loans have become so popular. The interest rates are
almost as low as Federal Stafford
Loan rates with several private lenders.
Private Student Loans,
Also known as Alternative Student Loans,
cover tuition, supplies, room and
board, a computer, study-abroad and even air travel home. Lender sends the
funds directly to you. Pretty self explanatory. Many lenders are now
offering private student loans to fill the gap between what they are
eligible for from the government (SAR) and the total cost of attendance from
going to college.
- Borrow up to 100% of the cost of
attendance, minus other aid
- Interest rates as low as prime minus .50%
- A co-signer is required
- Zero fees (origination, guarantor, or prepayment)
- 2% graduation reward
- .25% rate reduction for auto-debit
- Repayment is deferred until 6 months after graduation
Click Here
for more
details, or to apply
These trusted companies
offer private student loans with
the best customer service we've found with low
interest rates:
Private Student Loans is
a Free Guide to private student loan issuers. Featuring over 100 lenders,
including state lender sections. No registration required.
Next Student
-offers private student loans at low
interest rates with friendly, helpful customer service.
Wells Fargo Student Loans and Banking
- Offers federal and private college student loans.
Sallie
Mae - a
leading provider of student loans
Private Student Loan Network - offers information and resources for private student loans
and consolidations.
Nellie Mae
- offers low rates on private loans. Good
customer service.
If you are a
lender requesting listing on this site, please contact us at: help
@ student-loans.org (delete spaces)
Student Loan Repayment is something you must be educated about and prepared for. Student Loan Repayment
Page >
|
