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16-Nov-2016 13:18

This is a common situation, but it’s important that you research all of your scholarship, grant and loan options before getting a private student loan.

The best private student loans offer low rates, rate discounts and a variety of incentives.

If you max out your federal student loans and still need assistance, you may want to think about getting a private student loan as well.

Private Student Loans As a general rule, don’t consider getting a private student loan until you’ve maximized your federal student loan options.

We found Citizens Bank to be the best in our private student loan review. Private student loans can be confusing, but for many people they can help make college affordable.

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Most federal student loans also don’t require credit checks to qualify.

If you want to get a student loan, you generally can’t go down to your local bank and take out a loan to pay for college.



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