Your parents will tell you, “a penny saved, is a penny earned.” In today’s economy, saving as many pennies as possible is more important than ever. Savvy consumers price shop for everything – even milk. The same should be true for private student loans. There are a number of banks and other lenders that make credit-based education loans available to students, but how do you actually get the best rate? Well, of course we’ll tell you the best place to start is by comparing student loans using our LoanFinder. However, we’re leaving the choice of lender up to you, the borrower. We think we can do better so without further ado, here are seven things you can do to ensure you get the best rate on your student loans.
Have you applied for scholarships, but haven’t been lucky enough to win any? It may be time to apply for a student loan. In this section, we’ll give you some helpful advice on what to look for in a student loan, as well as information on application requirements and other important factors you’ll need to consider before applying for a student loan.