Sentences with phrase «less flexible repayment»

Here's what Kiplinger's personal finance magazine says college students don't need: New textbooks, a high - end computer, a printer, a pricey smartphone plan, cable TV (watch streaming videos on a computer), a car (especially for freshmen), overdraft protection on bank accounts, campus health insurance (assuming coverage under the family's health plan) and private loans, which carry higher interest rates and less flexible repayment plans than federal loans.

They do, however, require good credit, have less flexible repayment options and can require the first payment as soon as two months after the first disbursement.

And while federal loans come with their own set of challenges and risks, all 1.37 million private loan borrowers are often subject to fewer protections and less flexible repayment plans than those offered under federal loan agreements.

And while federal loans come with their own set of challenges and risks, all 1.37 million private loan borrowers are often subject to fewer protections and less flexible repayment plans than those offered under federal loan agreements.Less accommodating repayment options and more rigid terms can quickly lead to private student loan defaults, which is a dangerous financial place to be.

Private student loans generally have higher interest rates and less flexible repayment options than federal loans.

What this means is that those who have successfully secured personal loans, despite bad credit hanging over them, face strict limits to the sum available to borrow, higher rates of interest and, sometimes, less flexible repayment schedules.

Private loans have much higher interest rates and less flexible repayment plans — for example, federal loans offer income - based repayment plans, which take into account your salary when calculating payments — while most private loans do not.

And while federal loans come with their own set of challenges and risks, all 1.37 million private loan borrowers are often subject to fewer protections and less flexible repayment plans than those offered under federal loan agreements.Less accommodating repayment options and more rigid terms can quickly lead to private student loan defaults, which is a dangerous financial place to be.

Not exact matches

Online lenders are less costly than traditional ones, charging lower interest and providing more flexible repayment terms.

The repayment options are less flexible than federal student loans (no income - based repayment options available), but the loan term can be extended beyond the standard 10 - year term.

Student loans are less flexible than student loan consolidation programs in the repayment terms that you must adhere to, as most student loan agreements are basically written in stone.

You're looking for a loan with flexible and longer repayment terms, lower down payments, and less focus on collateral.