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.
If you decide you need a private student loan to supplement your other financial aid or savings, contact your local credit union or bank to see if they offer any loan options for students. Starting with a bank where you already have an established relationship may provide some advantages. If you have a good history with them, it may help you secure a loan even if you have little credit history. If your current bank doesn't offer student loans, check with some of the national banking chains for college financing options.
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Jennifer Mathes, Ph.D. |