The debate regarding private versus Federal student loans is sometimes a misunderstood one. Read on for an explanation of the primary similarities and differences as part of an in-depth comparison of the two education financing choices.
 |
Student Loans - Knowledge from e-wisdom.com |
Private vs. Federal student loans
Posted in:
Student Loans,
Personal Finance
The debate regarding private versus Federal student loans is sometimes a misunderstood one. Read on for an explanation of the primary similarities and differences as part of an in-depth comparison of the two education financing choices.
Understanding the Truth in Lending Act
Enacted in 1968, The Truth in Lending Act came into being for the sole purpose of keeping borrowers from falling victim to predatory lenders. The law mandates that lenders are responsible for making sure that consumers are aware of what they are agreeing to when they borrow money.
Private student loans explained
Posted in:
Student Loans,
Personal Finance
Learn about what you need to know when it comes to understanding private student loans. What exactly are private student loans? What are some of the pitfalls to avoid? And what are some occasions when private student loans are a good choice? Read on for answers to these questions and more.
Understanding the subtleties of student loans
Posted in:
Personal Finance,
Student Loans
Different types of student loans often have different terms, repayment periods, delinquency issues, loan forgiveness clauses, and/or grace periods. It is important to become familiar with these differences and evaluate the programs available before making a decision about what is best for you.
Benefits of student loan consolidation
Posted in:
Personal Finance,
Student Loans
Consolidating student loans can provide many benefits to those who have several loans to repay through different lenders. But student loan consolidation is not always the best choice. When considering consolidation, there are several factors to consider, including interest rates, monthly payments, and borrower benefits.
Former students and the changing student loan industry
Posted in:
Personal Finance,
Student Loans
As a former student, it is important to keep tabs on the student loan industry as a whole after graduation. Understanding the current state of the industry as well as the options that are currently available can greatly benefit graduates who will be repaying student loans of any kind.
