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Federal student loans are usually best, but you may still need private loans.
Check out how the lender rates with the Better Business Bureau or our student loan review page. Hardship programs: Check whether the lender offers deferment and forbearance programs, which allow ...
Key takeaways. Private student loans are specifically designed for education expenses and are offered by various lenders such as banks, credit unions and online lenders.
The Washington Post noted that student borrower complaints against MOHELA spiked from 2021 to 2022: The Consumer Financial Protection Bureau (CFPB) went from receiving seven official complaints regarding MOHELA in the last quarter of 2021, to receiving over 500 complaints in the last three months of 2022 over MOHELA's loan servicing practices.
Compare loan options from multiple lenders — don’t just go with the first private student loan company you find. Follow these steps to find the best one: Decide between a fixed and variable rate.
Forfeiture of federal benefits: If you choose to consolidate federal student loans with a private loan, you lose access to federal loan benefits. These include income-based repayment plans along ...
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