There are some very significant difference between federal loans and private loans, and students who think they are the same simply because they are both loans and both types have to be paid back the same way are making a potentially grave mistake. While it is true that private loans can be very beneficial, it is vitally important to understand the difference between the two types of loans before making a decision concerning what type of loan to choose.
Archive for February, 2010
The Benefits of Federal Loans Vs the Benefits of Private Loans
February 17th, 2010 
Gary Marjani 
Posted in Lending News 
Tags: cosigner, deferment, fafsa form, federal loans, federal stafford loan, Gary MarjaniArticle, grave mistake, interest, Loan, Money, Private loans, rate, repayment rate, Student 
Comments OffPrivate Loans – The Alternative Education Loan For Students in Need of Additional Financial Aid
February 17th, 2010 Paul Simino One of Uncle Sam’s greatest gifts to the American student is the Federal student loan program which makes it possible for millions of young Americans to pursue higher education. But Federal student loans may not always cover tuition and expenses 100%. That’s why so many parents and students turn to private student loans to fill in the gap.
Posted in Lending News Tags: Credit, Education, education loans, federal student loan, federal student loan program, federal student loans, lender, Loan, private loan, Private loans, Private loansWhat, Private Student Loans, rate, Sam, Student, student loan program, U.S. Comments Off