Stafford Unsubsidized Loan

cptofthehouse
Fri, 01 May 2009 20:28:24 +0000

We are trying to avoid the PLUS as the interest rate is not attractive to us. Higher than credit cards, HELOC. It wasn’t a good choice for us. We are paying ours off by HELOC and will go that route next year. For the kids, it is a good first loan. Where else can they find a 6.8% non secured loan without a cosigner? It also helps them have some financial accountability for college cost and is a start for their credit record.