you need financing for college?
Bad credit, No credit NO PROBLEM!
We say yes! Get your Student Loan Now!
The AccessMyLoan web site is a great
resource for information on planning
for college, applying for financial
aid, and managing student loans. We
want you to succeed. whoever you are.
That's why we offer easy student loan
programs to help families pay for college.
In addition to that, we offer student
loans with the best interest rates even
if you have had bad credit, credit problems,
or no credit in the past.
Types of Student
Subsidized Student Loan:
This loan is awarded based on the student's
financial need and other specific eligibility
requirements. Click here to check if
Unsubsidized Student Loan:
This loan is not based on the student's
financial need, but students must also
meet specific eligibility requirements.
Interest is charged throughout the life
of the loan. Click here to for the unsubsidized
Stafford Loans: These
loans are a major form of self-help
aid for students and can be subsidized
or unsubsidized. Depending on the school
you attend, your Stafford Loans may
be made either through the Direct Loan
Program or through the FFEL Program.
Federal Perkins Loan:
It is a fixed rate, low-interest (5
percent) loan awarded on the basis of
financial need. The borrower is not
charged an origination fee. Funds are
Federal Direct Parent Loan:
This is Undergraduate Students (PLUS)
is not based on financial need and is
limited to a parent borrower for a dependent
Private Lender Student Loans:
Alternative loans are private
(non-federal) loans. Unlike the previously
mentioned loans, you are not considered
for these loans when you complete the
FAFSA. The terms vary widely as do the
Low interest rates.
payment - loans are not repaid until
6-9 months post-graduation
can be repaid over as many as 30
of "good" debt, which
can increase your credit when paid
aid can be used toward all education
costs including room and
school related travel, books, and
other education necessities
interest rate on a federal loan
will never go above eight percent.
rates on student loan have dropped
significantly in the last year allowing
borrowers to consolidate and lock
in fixed rates as low as 2.875 percent.
Locking in low interest rates protects
from rate increases for the life
of the student loan.
Student Loan Consolidation:
student loan monthly payments as
much as 50 percent.
into a low fixed interest rate for
the life of the loan.
eligible for deferment and forbearance.