2009 SLA Private Student Loan Series

In case you missed it, here are recent posts focused on helping students/families make the best decisions on private student loans.  Students are encouraged to exhaust all grants, scholarships and federal loan options prior to considering a private student loan.

• Most popular post:  Shopping for Private Student Loans Makes a Difference!
  
  • Results from 6 student loan applications yields interest rates between 7% - 12%
• "Miss A Payment On Your Private Student Loan, You Could See Your Interest Rate Rise"
  • Highlights three lenders that have clauses in promissory notes which could result in 2-3% increase in interest rates triggered by one late payment
• Borrower Benefits on Private Student Loans
  • Provides examples of savings opportunities available to private loan borrowers
• What Ingredients Go Into the "Secret Sauce"?
  
  • Insights into the factors that lenders consider in making their credit decisions
• Does It Make Sense To Shop Around For Private Student Loans?
  
  • Provides details on new Fair-Isaac policy about the impact of applying for multiple student loans on your credit score (hint:  it helps student borrowers)
• The Promissory Note
  
  • Highlights the key terms to be aware of when evaluating lender promissory notes
• What is the Meaning of "Instant Credit Response"?
  
  • Reviews the on-line application process and analyzes the speed of lender credit reviews
• Private Loan Fee Structure
  
  • Benchmarks most common fees assessed by private lenders for both origination and servicing of loans

This eight part series provides students and families with the knowledge they need to make the most informed decisions (and hopefully save lots of money) about private loans.  I have a few additional posts that I may add over the next week.  Financial Aid offices are certainly encouraged to include this information on the Resources section of their website or accompanying their Alternative Loan lender list.  Please pass along to your colleagues if you find it valuable.  I will have a 2009 Private Loan Guide available shortly which will be an abridged version of my recent series.  Also, please let me know if there are other private loan topics that you would like to see covered in this series. 

Comments

[Cherry Emery]

Thanks a lot blogger for posting such a nice and informative blog . I am very much happy to read this . I appreciate it !!!

http://studentsblog2.blogspot.com/2009/09/when-to-consolidate-student-loans.html

[Debt]

This has been helpfull for sure. There is a lot of information regarding debt, but much of it is out of date, or even just to make money. thanks.

[http://www.frfsh-g.com]

SLA Private Student Loan Series?
Thanks, help me much.

[Jerry Edwards]

Save on college loans as well as textbooks by renting, buying or selling used books on chegg.com by using this code only CC123156 to receive 11% off, 5 dollars extra.Also if you use this code 20 times,Chegg would send a gift card."Save your money, because you earn it"

[studentcredit]

University or college students as well as moms and dads everywhere seem to be desperate for other means of fiscal gains to allow access for a higher education. Having interest levels ever-increasing once again, it can be daunting to search for what seems to or appears to work best. College credit cards are often one method to help with this type of
thinking. Not merely will the idea allow for some all-important extra cash but these cards tend to teach monetary and individual responsibility to students for use in the future years.

[Education]

its great ifnormation i really like this and i hope that every will like this
thaks to share and i hope that you will keep it up and share information as like this more

[hard money loan]

S L A private student loan that s a good topic to choose.Its a great information about the student loans. which can be useful for those guys who really need for study purpose.

[Jeremy Phillips]

Thanks for the good read.

[kids Christian lessons]

This site help me to learn more things about this topic you are tackle today.

[loan top up]

No need for a loan top up you could be owed £2400 if you've had a loan in the last 10 years! forget about a loan top up and get a refund instead!!

[Jamal]

Well, I like the way you present this information and the whole look and feel of your blog. Will you please make another post on the same topic with a bit more details? Thanks