Thursday, July 05, 2007

Student Loans from Loan Web.com

Consumer: College students or private school students and their parents, grandparents or guardians.

The purpose of a student loan is to pay the school for an education as required.

Pros: Higher education, even at State colleges now days, costs the proverbial arm and leg. It is rare that a student or a family can pay the tuition, buy the books, and pay for room and board without the need of a loan even if the student has scholarships that will help defray some of the costs. Even full scholarships do not cover all of the costs of a college education.

Sometimes families save from the time a child is born to be able to afford his college education but the cost of a college education keeps going up and up...it far exceeds just the usual rate of inflation for everything else so the savings rarely cover the cost.

At Loan Web student loans can be applied for as well as be consolidated into one loan and one lower monthly payment.

Cons: There are no particular cons associated with a student loaned obtained through Loan Web, but be sure to compare interest rates from several lenders.

Guarantee: There is no guarantee that a student will in fact obtain a loan after he or she makes application through Loan Web.

Value for money: A 6% interest rate on a student loan is a good value and since there is no penalty for early payment, if a student or parent finds a cheaper loan rate, they can take it.

CJ

3 comments:

mak said...

Great idea for a blog. Keep it up!! :-)


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Poly Muthumbi said...

College education is one necessity in life anyone desires to have. It is for sure that the higher you get with college education the better the job you will get in future, the higher you get paid and the more comfy your life becomes. But nothing good comes easily! College Education is becoming so expensive and many are on the look out for extra finances just to meet this need.Did you know that this can easily be solved by getting enough information and advice on College Financing Programs? Well let me just make it clear for you. College Financing Programs give you, as college student, clear and detailed information on financing your college education. Do not go blindly into any kind of college financing without a clear mind on what it entails. You need to know that this information is available for you and there are so many government and private college financial institutions that offer the information.

Poly Muthumbi is a Web Administrator and Has Been Researching and Reporting on Student Loan Consolidation for Years. For More Information on College Financing,, Visit Her Site at COLLEGE FINANCING

Poly Muthumbi said...

In the past college and university education proved so expensive With Students having big financial burdens and debts to pay as they struggled through their education. There had to be an alternative. Many companies started cropping up to try and solve this problem. Ever since the companies started offering student loans, many students have been enjoying a wide variety of student loans that the companies are now providing changing their lives for good.

Poly Muthumbi, a Web Administrator, Has Been Researching and Reporting on Student Loan Consolidation for Years. For More Information on Student Loans Company,Visit Her Site at STUDENT LOANS COMPANY