Private loans

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doctermined

Full Member
10+ Year Member
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I heard that banks would compete with the government and offer lower interest rate loans, just wondering which (BoA, Wells Fargo, etc...) offers the best rate for student loans?
 
Lower rates, but keep in mind more often variable and, unless something has changed, cannot be converted into IBR/PAYE in a pinch like federal student loans can. I dunno which is would be better for you.
GL with you decision.