Private student loans can be referred to using a variety of nomenclature. Some of the more common terms that are used to refer to private student loans include fast, gap, easy, quick, signature, and alternative student loans. All of these names essentially play reference to private education loans, although each name has its unique background [...]
in Private Student Loans, Student Loans,
by Jeff Bullock
in Private Student Loans, Student Loans,
by Jeff Bullock
Uncertified student loans, also known as direct-to-consumer student loans, are private education loans that don’t have to be verified by your college in order to get an approval. Most private education loans require a school official to “certify” that the amount of the loan does not go over what is your cost of attendance minus [...]
in Private Student Loans, Student Loans,
by Jeff Bullock
Sallie Mae student loans include education loans that are provided by the company Sallie Mae. Before the Student Aid and Fiscal Responsibility Act was signed into law in 2010, Sallie Mae served as a lender for both federal and private student loans. Now they are only able to provide private student loans due to the [...]
Knowing how to get student loans with no cosigner is critical if you have no credit, or bad credit, and still need to come up with a significant amount of money to pay for your college education. While many students lose hope when they find out that most private student loan lenders will always require [...]
in Private Student Loans,
by Jeff Bullock
This is perhaps the number one question I hear from students, and while the answer is of course “yes”, the truth is that most students won’t be able to get a private student loan without a cosigner because they haven’t had the time to build up their credit history. Private student loan lenders require a [...]
Student loan consolidation is something that almost any student with education loan debt should take into consideration, as it can potentially reduce monthly payment amounts, as well as decrease the overall costs of student loan debt. Consolidating student loans typically consists of taking out a completely new loan that will pay off the current amount [...]
in Private Student Loans, Student Loans,
by Jeff Bullock
Private student loans are education loans that are provided by independent private lenders to both undergraduate, and graduate students who are willing to take out financing to pay for college expenses. They are based on credit, and can provide you with up to the cost of attendance of going to your particular institution. They typically [...]
One of the hot-button issues right now within the lending community is in regard to private student loans, and whether or not lenders should make these kinds of loans available to individuals with bad credit. The rise in demand for such loans over the past decade has been a clear indicator that college students would [...]
in Private Student Loans, Student Loans,
by Jeff Bullock
You probably now know about how the vast majority of private student loan lenders approve their loan products. The misconception stems from the fact that these kinds of private loans are commonly referred to as student loans, when in reality they are essentially private loans that are more akin to personal loans than to the [...]
