Private Student Loan Consolidation with low interest rate?? | Best … 0
LOOK AT STANFORD LOANS FIRST.
Countless individuals are screwed over by getting private loans from banks to pay for school. The banks may increase your interest rate at their own desire to do so. They can incur penalty charges, and make your life miserable. Read about about Sallie Mae horror stories, they not that uncommon. A 20k debt can grow to 80k.
Stanford loans are available to those in financial need and those without financial need. You have rights and privileges. You are granted some understanding and have some free passes if you can?t pay your bill when you get out. Your rate cannot be increased. These loans are delivered by private banks but are regulated by the government for their terms. If you are an independent you can get about 10,000 for your first year. Ask your school financial aid department about Stanford or Perkins loans.
You must note on your FAFSA that you are interested in loans as a form of financial aid.
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