It is very difficult for students to be approved for a private student loan on their own. As such, if you are a student borrower, without an established credit history and a current, steady income:

You WILL need a co-signer for a private student loan.
Your co-signer must have “good” to “excellent” credit and [...]

Prime rate, LIBOR, Interest rate, and APR are all terms used frequently in the financial industry but what do they all mean?  Knowing this information will help you become a more informed borrower.  Understanding the difference between an interest rate and APR will allow you to make an informed decision that [...]

Student lenders often offer incentives to make their loan products stand out from the crowd. The industry calls these borrower benefits but they may also be called borrower rewards or incentives. While they can often save you lots of money over the life of a loan, you should consider them carefully to [...]

College is great but it is also expensive. It is very important for you to be fully aware of all the options you have to control costs. For many, failure to understand how student loans work can lead to significant unanticipated costs. A college degree can result in a career [...]