Who are the best lenders as far as student loans are concerned?
dezzygurl asked:
I’m maxed out on federal loans for school, and more than likely I will have to get loans from an outside source to finance my senior year. Who are the best lenders out there for students? I would be the sole applicant because my parents have poor credit.
I’m maxed out on federal loans for school, and more than likely I will have to get loans from an outside source to finance my senior year. Who are the best lenders out there for students? I would be the sole applicant because my parents have poor credit.
Bank of America has pretty good student loans, adn I believe Capital One is not that bad. I would shop around online.
I used Bank of America.
Most student loan lenders will be pretty similar with each other since it is such a competitive market. The top lenders we prefer for our sudents are Nellie Mae, US Bank, 5/3 Bank, and Student Loan Funding.
Also, when you’re shopping around for a lender, keep in mind that the above 4 major lenders are doing away with service fees for federal loans (previously you would get only 97% of your loan amount to apply to your account). Some of the smaller lenders are still charging the fee.