Getting A Student Loan Through A Private Lender

Read this tip to make your life smarter, better, faster and wiser. LifeTips is the place to go when you need to know about Private Student Loans and other Student Loan topics.

Getting A Student Loan Through A Private Lender

Chase Tip: If you decide to obtain a student loan through a private lender, find out information on each student loan company you are considering first. Questions you should ask include: 1. What is the interest rate? 2. What upfront fees (if any) are charged on the loan? 3. What are the terms and conditions of repayment? 4. Can the loan be paid off early without penalty? 5. Are there options for student loan consolidation later? 6. What if you are unable to make your required payments?

   

Comments

Nobody has commented on this tip yet. Be the first.



Name:


URL: (optional)


Comment:


Not finding the advice and tips you need on this Student Loan Tip Site? Request a Tip Now!


Guru Spotlight
Jennifer Mathes, Ph.D.
Buy My Book