A few days ago
Which lender should I choose for my subsidized loan?
I ‘ve been doing a lot of research on potential lenders. However, I would like to hear from anyone who has thoughts on this subject. I appreciate any info/experiences you might have. Thanks.
Top 3 Answers
A few days ago
Favorite Answer
I would go through the one thats offered through your school’s financial aid office. Why? Because you’re school has throroughly researched them and they’re trust worthy. Things are a lot easier when you go through them too because you can ask your fin aid officer for help/advice/ etc.
0
A few days ago
In short, stick with a large, reputable company that has a lot of experience in student loans. Sallie Mae offers a useful list of questions to ask potential lenders: http://www.salliemae.com/get_student_loan/apply_student_loan/application/select_lender/lender_questions.htm
0
A few days ago
None!!!!!It would be better to get a loan from a private lender. If you become ill and can not work, the student loan will still draw interest. The interest rates can jump to as high as 25% quarterly. If you become disabled, 70, bankrupt, if you divorce, it still draws interest. They go into your taxes. Opt for a grant, fellowship, with matching Work Study or something. If you default, it’s burger time, forever!
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