Where Can I Get Student Loans?

I was wondering if anyone could direct me to some information about student loan payments? Specifically, where can I get student loans, how much does it cost, what are the terms, etc.? Would appreciate it!

Where Can I Get Student Loans?

In this video we discuss where can i get student loans. Students coming out of high school often want to start their own business and they may not realize how much debt they’re going to be taking on. Many students apply for loans and even borrow money to invest in real estate. We go over several options in this video. If you’re looking to get student loan debt financing contact us at creditactiongroup.com

Thanks for watching.

Add Our Channel To Your Google+ Circles!

Trust Us – We’re Experts!

You think you know what you need to know? Trust us in speaking the truth about personal finance and education; tell the experts what you don’t know. Visit Credit Action Group online at www.creditactiongroup.com

Find More Great Videos At CreditActionGroup Website!

Home Improvement & RepairVideoWebinars:

Helpful Tips, Tricks, and Advice:

Where Can I Get Student Loans?

Private/Public Loan Options

Private student loans are offered by banks or credit unions, and allow students to borrow money without having to apply to any lending institution. A private loan does not have any government backing or regulation. These loans may require repayment over a longer period of time than federal loans (10 years versus 10 years). There are many private lenders out there, including Sallie Mae, Citibank, Capital One, American Express Education Services, etc

Federal Student Loans

The U.S. Department of Education offers two types of federally-backed student loans — subsidized and unsubsidized. All undergraduate students who meet certain requirements qualify for a federal student loan.

Subsidized loans offer lower interest rates while borrowers make payments. Borrowers may be eligible for these loans after they have been accepted at their college of choice and before receiving financial aid from outside sources. Subsidized loans can be obtained either directly from the U.S. Department or indirectly through schools or organizations that disburse federal funds.

Unsubsidized loans provide higher interest rates, but borrowers pay them back regardless of whether they graduate or leave school. Unsubsidized loans cannot be consolidated, so each borrower receives his or her own sum of money. Typically, you must receive some type of financial aid in order to qualify for these loans.

If you plan to attend school after high school, talk to your guidance counselor about what kind of loans would best suit your needs.

Federal Direct Loans

Direct loans are offered directly to students by the U.S. Dept. of Education and are considered to be the least expensive option. If you are not sure if you qualify for direct loans, you should ask your guidance counselor.

In addition to being less expensive than other options, federal direct loans have no prepayment penalties. You do not need to make monthly payments until after graduation. However, once you start making payments, you will never have to pay off the principal balance.

Where Can I Get Student Loans?

Student loans are great! If you’re serious about going back to school, then student loans are the way to go. A lot of students have trouble getting them due to bad credit, however, if they’re looking around, they should find a loan company who’s willing to work with their situation. The key here is to find out what kind of loan is best suited for you. Here is where to get student loans.

►HEY, we’ve got more valuable information here: ►CLICK HERE LOANS FOR STUDENTS◄

►Cloud of related items ▼

►Loans For Students◄

 

bloque1x