Forget the Banks, Use Peer-to-Peer Lending For Obtaining Student Loans
January 13, 2009 · Posted in Access Funds, Headline, Peer to Peer Loans, Private Lending, Student Loans · Comments Off
Overview of Peer to Peer Lending
With the cost of college tuition rising every year, the government can no longer provide enough support to cover all college expenses. In addition with the ongoing credit crisis, funding for student loans given by banks and other private institutions has nearly dried up or become inaccessible. In the instances where students can obtain private funding, interest rates can be as high as 20%. Consequently, students are desperately looking for other sources of funding for their education. Read more
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