Private Student Loan shopping...

Paying for College
1

<p>ugh!! I’m a prospective finance major, so naturally the idea of personal debt nauseates me --but I have no other choice to finance university than by private loans.</p>

<p>I’m 21, have awesome credit, but very low verifiable income, and parents can’t cosign because their credit stinks. PLUS loan isn’t an option either.</p>

<p>So what are some good private loans out there?</p>

<p>My main concern is frequency of interest capitalization. </p>

<p>Anyone know of private student loans that don’t capitalize interest until repayment? -and that I’ll qualify with $10k income/3years of credit.</p>

<p>thanks</p>

2

<p>sallie mai doesn’t capitalize interest --i think. not too sure.</p>

3

<p>I believe that’s sallie maE btw, although I don’t know about the capitalization.</p>

4

<p>What state are you going to school/live in? Some states have good state loan programs…</p>

5

<p>Thanks,</p>

<p>I’ll be attending in Florida.</p>

6

<p>Well, call the school and ask them about the loans from the state. Also, your home state may offer loans.</p>