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  2. Federal student loan rates just hit their highest point in ...

    www.aol.com/finance/education-department-unveils...

    The U.S. Department of Education’s newly announced federal student loan interest rates for the 2024-25 academic year broke longstanding records. Experts and policymakers alike predicted a jump ...

  3. Common types of installment loans and their best uses - AOL

    www.aol.com/finance/common-types-installment...

    Just like personal loans, auto loans tend to offer fixed interest rates — but they are a secured debt that uses your vehicle as collateral. If you default on your loan, the bank has legal ...

  4. Federal vs. private student loans: What’s the difference? - AOL

    www.aol.com/finance/federal-vs-private-student...

    Federal student loans. Private student loans. Interest rates. 5.50% to 8.05% for loans disbursed before July 1, 2024. 6.53% to 9.08% fixed for loans disbursed after July 1, 2024

  5. Federal Direct Student Loan Program - Wikipedia

    en.wikipedia.org/wiki/Federal_Direct_Student...

    The William D. Ford Federal Direct Loan Program (also called FDLP, FDSLP, and Direct Loan Program) provides "low-interest loans for students and parents to help pay for the cost of a student's education after high school. The lender is the U.S. Department of Education ... rather than a bank or other financial institution." [1]

  6. Private student loan (United States) - Wikipedia

    en.wikipedia.org/wiki/Private_student_loan...

    The student supplies enrollment verification to the lender, and the loan proceeds are disbursed directly to the student. While direct-to-consumer loans generally carry higher interest rates than school-channel loans, they allow families access to funds more quickly — in some cases, in a matter of days.

  7. What is a debt consolidation loan — and how can it help you ...

    www.aol.com/finance/what-is-a-debt-consolidation...

    A debt consolidation loan is a type of personal loan that you can use to manage and pay off high-interest debt, like credit cards. These loans allow you to roll multiple outstanding balances into ...

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