Who offers private student loans? want to go back to college

Discussion in 'Private Student Loans/Student Loans' started by Raymond, Aug 9, 2016.

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  1. Raymond

    Raymond Newbie

    I'm seriously thinking about going back to college and wanted to know who offers private student loans. I don't think I'm eligible for student financial aid and I don't think I can apply for a student loan or a Federal Student Loan. So now I'm thinking along the lines of private student loans to fund my further education. Can anyone point me to a list of companies or organizations who offer private student loans? I wanted to compare the rates on offer so I could make financially cost effective decision.
    Simrin likes this.
  2. Simrin

    Simrin Newbie

    The best place of compare rates are on sites like Credible.com and SimpleTuition.com. Both sites will take your details and match you with the best Student Private Loans available given your credit score. Some of the companies offering Private Student Loans include SunTrust, Sallie Mae and PNC. Loan rates vary between 2.9% to 12% depending on your credit file. Suppose you take out $16,000 at 9.38% you would have to repay $163 every month and it would take 84 months to pay it off.

    Be sure to see if you are eligible for scholarships or Federal Student Aid before you take out the private student loan.
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