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Find a student loan that's right for you

In today's economy it is more important than ever to make sure you borrow wisely by planning for the future and only borrowing what you can afford. When you consider using loans to pay for your college education, think about how you will repay those loans. Your student loan payments should not be more each year than eight percent of your annual income at the time of repayment.

Private student loans (sometimes called "alternative loans") are used expressly for paying for college costs such as tuition, room & board, and other expenses.

Private student loans should supplement federal or government student loans.

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“The lender I found on this site was very helpful. The loan was in my son's name, but I co-signed. The online application was very convenient.” Merle – mother of two college students

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A Co-signer is Usually Required

 

Why?

  • Better chance for approval
  • Lower cost of borrowing
    • - Lower interest rates
    • - Lower fees

 

 

Who?

  • Your co-signer should be someone with:
    • - Established credit history
    • - Excellent credit score (>675)
    • - Regular income
  • A parent, grandparent or other relative / guardian

 


Many lenders require that you apply with a co-signer, regardless of your income or credit score.

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