Sentences with phrase «less flexible repayment options»

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.

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

Not exact matches

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.

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.

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.