Private student loans come with much higher rates of interest compared to federal student loans, but that’s not their only downside. They also have rigid repayment terms and offer no scope for forgiveness. This is an option you should consider only if it is absolutely necessary and you’ve got your back against the wall. Are …
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How To Choose Between a Fixed And Variable Interest Rate
As you research private student loans, you’ll come across the terms: fixed interest rate and variable interest rate. But what exactly does that mean? How do you choose between them? The Difference Between Fixed and Variable Interest Rates With a variable rate loan, the interest rate will change regularly depending on the market conditions. They …
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What You Need To Know About Hybrid Loans for College
When you apply for a student loan, most lenders will offer you the option to choose between a variable or fixed student loan interest rate. Some lenders also offer a third option – hybrid interest rate. A hybrid loan offers a combination of features. That means combining the pros and cons of fixed interest rates …
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5 Things You Need To Know About Iowa Student Loan
After exhausting all scholarship and other financial aid opportunities, many students require a private student loan to cover the rest of their college costs. Iowa Student Loan is committed to helping students and families obtain that funding, making it a great option for any student! The organization offers its services nationwide. That means you don’t …
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5 Things You Need To Know About Refinancing With Iowa Student Loan
There are dozens of student loan refinancing companies out there, and it’s important to consider all your options. One company you should definitely check out is Iowa Student Loan. They’re a nonprofit organization that helps students get low-cost private loans to cover college expenses after exhausting other financial aid. In addition to lending money to …
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6 Things You Need To Know About LendKey Student Loans
After you’ve maximized federal and institutional financial aid, grants, and scholarships, it’s time to start exploring private student loans. Make sure to shop around and look for the best deal possible before borrowing money from a private lender. Of course, with dozens of lenders with different eligibility criteria, rates, and repayment terms, shopping around is …
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A CommonBond Review: 8 Things To Know About Refinancing with Them
Choosing to refinance your student loans is a big decision; one that shouldn’t be made lightly. Many factors go into it, the most important of which is what lender you’ll refinance with. There are many options to choose from, so how do you pick? It’s vital to review all of your options in order to …
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9 Things You Need To Know About Ascent Student Loans
There are a number of key parts that factor into a loan: eligibility criteria, repayment options, student loan interest rates, and perhaps most importantly—the lender. You’ll come across many lenders in your search for a loan. One you should definitely consider is Ascent. Here are a few things you should know about Ascent so you can …
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Should I Refinance My Student Loans with Credible? 5 Things to Know
Are you asking yourself “should I refinance my student loans?” Well, if you are, the key to finding the best deal is to shop around and compare offers from different lenders. While this strategy is effective, it can be time-consuming and even confusing. And sometimes, when you find one that looks attractive, you may not …
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6 Things You Need to Know About Earnest Student Loan Refinance
When it comes to student loan refinance, there are a number of options to choose from. Earnest is one such lender, and it may be a good choice for you. Available to both undergraduates and graduates, we consider it one of the best options out there. However, there are some things you should be aware …
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