Private Student Loans ? Dispelling The Myths
Private Student Loans ? dispelling the myths
If savings, grants, scholarships, and federal loans don't cover the cost of your education, it's time to turn to private loans. But young college students can't qualify for a private loan, can they? Wrong! This article addresses this and other myths about student loans that you may run into.
I don't have any collateral, so I can't get a private loan.
Private loans are usually unsecured, which means no collateral is required. On the downside, this may also mean a higher interest rate.
I don't have a good credit history (or no credit history at all)
Since the government doesn't back private loans, your credit history is a consideration in being approved for a loan. If your credit history is bad or non-existent, you may be subject to a higher interest rate. And remember, you can always get a co-signer. Pay your loan off on time, and soon you will have a good credit history!
I have enough funds for tuition and fees, so I can't get a private loan
In addition to paying tuition and fees, funds from private loans can be used to cover living expenses, supplies, computers, and other everyday living needs.
I can't afford to make payments on a loan while I am still in school
For most loans, your principal and interest payments can be deferred while you are enrolled in school. Another option is to make interest payments while you are in school but defer paying off the principal. Your interest payments might even be tax-deductible!
I missed the deadline for applying for financial aid this year
You can apply for private student loans any time ? there is no deadline. Depending on the financial institution you choose, you can be pre-approved in minutes and have the money (which will be sent directly to you) within a matter of days.
I don't have a bank to apply through
Private loans are offered by thousands of banks, credit unions, and other financial institutions. Just search the internet for "private student loans" and you will find many places to apply to.
If you need the additional funds provided by private loans, don't let myths and misconceptions keep you from applying!
This article is distributed by NextStudent. At NextStudent, we believe that getting an education is the best investment you can make, and we're dedicated to helping you pursue your education dreams by making college funding as easy as possible. We invite you to learn more about Private Student Loans at http://www.NextStudent.com .
My goal is to help every student succeed - education is one of hte most important things a person can have, so I have made it my personal mission to help every student pay for their education. Aside from that, I am just a pretty average girl from SD.
 Google News Updated : Thu, 24 Jul 2008 06:51:44 GMT Favre's heir? With backing from mates, Rodgers waits patiently - USA Today
USA Today - By Matt Ludtke, AP By Larry Weisman, USA TODAY He no longer sounds like a retired player after seemingly passing on the opportunity to lead a talent-laden Packers squad. Video: The Rift Between Favre and the Packers Finding new home for Brett Favre won't be easy Publ.Date : Thu, 24 Jul 2008 02:06:18 GMT Discovery may boost statin safety - BBC News
BBC News - Scientists have pinpointed a gene mutation as a major cause of a rare side effect of the cholesterol-lowering drugs statins. They hope the discovery could lead to a simple test to identify patients at increased risk of myopathy - severe muscle pain and ... Gene May Predict Cholesterol-Lowering Drug Risk, Study Says Genetic Cause of Statin-Related Muscle Pain Found Publ.Date : Wed, 23 Jul 2008 23:14:24 GMT Rapper 50 Cent sues Taco Bell over ad - New York Daily News
New York Daily News - BY THOMAS ZAMBITO The rapper - real name Curtis Jackson - is suing the fast-food chain for using his hip-hop persona to tout its tacos. 50 Cent sues Taco Bell over ad campaign Rapper 50 Cent says Taco Bell stole his endorsement Publ.Date : Thu, 24 Jul 2008 06:15:09 GMT Billionaires Back Antismoking Effort - New York Times
New York Times - Bill Gates and New York Mayor Michael R. Bloomberg announced their antismoking initiative on Wednesday in New York. By DONALD G. MCNEIL JR Bill Gates and Mayor Michael R. Bloomberg announced on Wednesday that they would spend $500 million to stop ... Video: Gates, Bloomberg Pool Riches to Fight Smoking The $500 million war on smoking Publ.Date : Thu, 24 Jul 2008 06:23:48 GMT Zimbabwe Parties May Sign Unity Deal Soon, Business Day Reports - Bloomberg
Bloomberg - By Carli Lourens July 24 (Bloomberg) -- Zimbabwe's ruling and opposition parties may sign a power-sharing agreement soon as they have already agreed on a wide range of issues, Business Day reported, citing people it didn't identify. Fearsome Zimbabwe militias are afraid Delayed Zimbabwe Power-Sharing Talks Seen Beginning Thursday Publ.Date : Thu, 24 Jul 2008 06:23:06 GMT Christian Bale's lady sidekick: Sibi Bale - Los Angeles Times
Los Angeles Times - Like the Dark Knight/Bruce Wayne, Christian Bale is a real-life man of mystery. Averse to personal publicity, he is well-known for not wanting to discuss his private life. Christian Bale, Wife "Solid" at Knight's Spain Premiere Bale's family feud led to scuffle Publ.Date : Thu, 24 Jul 2008 02:10:31 GMT Karadzic lived the good life with wine, song - Reuters
Reuters - By Ivana Sekularac BELGRADE (Reuters) - Radovan Karadzic lived the good life while hiding from justice for 11 years: he watched his diet, fell in love and hung out in a small bar where hardliners gathered to sing about his wartime exploits. Video: Karadzic's arrest sparks clashes - 23 Jul 08 Karadzic's secret life enthralls his fellow Serbs Publ.Date : Thu, 24 Jul 2008 04:05:33 GMT Add RSS Feeds To My Web Pages |
PARLOT::Ebooks, Scripts,
Websites, and more... Borrowing money against your credit cards has always been among... Read More On the surface, debt consolidation loans offer cash-strapped consumers some... Read More Debt consolidation may be the answer for anyone drowning in... Read More Debt Consolidation is a solution that solves your debts. Debt... Read More One of the easiest "things" that can happen in life... Read More To the person drowning in debt, a debt-consolidation loan looks... Read More One of the most common social diseases remains dormant for... Read More If you're like most people, you have plenty of credit... Read More In a world where people use credit as much as... Read More If you have multiple debts, and are struggling to meet... Read More The average American household has nearly $10,000 in credit card... Read More For many people the lure of easy credit has taken... Read More Believe it or not, many people do not understand equity... Read More Feeling like you're on the brink of financial disaster? You're... Read More First, make a list of your creditors (NOTE: you should... Read More Deciding to file for bankruptcy is a decision that should... Read More Many of us find ourselves overwhelmed with bills, bills, bills.... Read More When it comes to debt consolidation some people dream of... Read More Debt consolidation solutions, has found that as good as it... Read More Are you feeling overburdened with debt? Are you paying out... Read More Are you looking to consolidate credit card or other debt?... Read More If you are in the market for a low interest... Read More If you've ever been in a situation where you needed... Read More Overcoming the stigma of being in dept, grow in self-confidence... Read More The Federal student loan program has benefited thousands of college... Read More
Adsense
websites
Debt consolidation ? More Options for Reducing Credit Card Costs
Dangerous Debt Consolidation Loans
What is Debt Consolidation?
Debt Consolidation Solution
Reducing Credit Card Debt
Use Caution When Entering Into Debt-Consolidation Loan
Debt Settlement Strategies
Moving Debt Between Cards Can Save You Money
Debt Consolidation - Just Lump It All Together!
Planning To Become Debt Free With A Consolidation Loan
Debt Consolidation ? Can You Negotiate with Your Credit Card Company?
Is A Debt Consolidation Loan Your Best Option?
Open the Cash Vault Inside Your Home
Shake off the Chains: Credit Card Debt Elimination is Easier Than You Think!
How To Get Rid Of Debt Problems Step 3 -- How To Negotiate Reduced Payments With Creditors
Alternatives to Filing Bankruptcy
Debt Consolidation when You Find Yourself Overwhelmed with Bills, Bills, and More Bills
When Your Bills Are Piling Up Here Are 6 Different Ways to Consolidate
Debt Consolidation: Why And How This Strategy Often Backfires!
Consolidate All Your Debt Into One Monthly Payment
Bad Credit Debt Consolidation Loans
Finding a Low Interest Debt Consolidation Loan
Debt Consolidation Benefits
Debt and New Spirituality
Debt Consolidation ? Consolidate Your Student Loans Now!
Affordable and Reliable Web Hosting Starting at $4.49/Month
The Burden of Debt
Over recent years personal debt in the UK has exploded.... Read More
Debt Consolidation Benefits
If you've ever been in a situation where you needed... Read More
Credit Card Blues
For the average American family, debt, and especially credit card... Read More
Does Working With a Credit Counseling Organization Hurt Your Credit Score?
Credit counseling organizations do not lower your credit score when... Read More
Debt Consolidation Solution
Debt Consolidation is a solution that solves your debts. Debt... Read More
Credit Counseling ? Get in Line Now to Avoid the Upcoming Rush
Credit counseling is a valuable service for consumers who have... Read More
A Simple Question We All Wonder - Are Debt Settlement Companies Scams?
Are debt settlement companies scams? It's a simple question so... Read More
How To Get Rid Of Debt Problems Step 2 -- How To Prepare A Financial Statement
Here is how to prepare a financial statement, for the... Read More
Debt a Glossary of Terms
Bankruptcy - Having been legally declared financially insolvent. There are... Read More
Getting the Most Out of Consolidation Loans UK
Before letting too much debt or too many payments get... Read More
Debt Consolidation Primer ? Four Things You Can Do to Get Out of Debt
Problem debt is rampant throughout America. In addition to mortgages... Read More
Credit Counseling ? Congress Offers No Details in New Law
The recently passed Bankruptcy Abuse and Consumer Protection Act was... Read More
The Pros and Cons of Debt Consolidation Loans
You are swimming in debt. You have 4 credit cards... Read More
Best Debt Reduction Service
There was a time when incurring debts was looked down... Read More
Debt Consolidation Loan and Consolidation Loans
Debt consolidation loan services act as a third party intermediary... Read More
Is Consolidating Loans Right For You?
Consolidating loans makes sense but only if you can pay... Read More
Shake off the Chains: Credit Card Debt Elimination is Easier Than You Think!
Feeling like you're on the brink of financial disaster? You're... Read More
Debt Relief From Debt Consolidation
If you are up to your neck in debt, there... Read More
Choosing the Right Credit Counseling Agency for You ? Some Tips
Credit counseling companies come in all shapes and sizes. Whether... Read More
Finding a Low Interest Debt Consolidation Loan
If you are in the market for a low interest... Read More
Negotiate Your Way Out Of Debt
Eliminating your debt is a daunting task. What can you... Read More
Before Considering Debt Consolidation
If you believe in the good in people then you... Read More
Debt consolidation ? More Options for Reducing Credit Card Costs
Borrowing money against your credit cards has always been among... Read More
How Do I Know a Good Credit Card Debt Reduction Strategy When I See It?
Credit card debt reduction is an important part of the... Read More
7 Ways to Consolidate Your Debt
If you are in debt, you have several options available... Read More
Debt Consolidation |