Download pdf - How to compare private student loans

3 Ways To

Compare Private

Student Loans PayMyStudentLoans.com

1. Interest rates

A fixed interest rate will remain the same

over the life of the loan.

A variable interest rate changes to reflect

current market conditions.

PayMyStudentLoans.com

http://www.paymystudentloans.com/

Some banks require one or both while

other banks have no extra fees.

An origination fee typically varies from

0.5% to 2% of the loan amount.


2. Application or origination fees


3. Repayment options

Some lenders do not require payments

while you are still in school.

Deferments or forbearance

Cosigner release

Length of repayment



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