Not exact matches
In other words, virtually every angle of taking and repaying a student
loan is
worse from a
private lender
than from the federal government.
The next problem is that the company may actually consolidate any
private student
loans that you have, but they will place you in a
worse position
than you were in originally.
Private companies or individuals are more inclined to offer
bad credit home
loans than the traditional lenders such as banks and credit unions.
Private lenders are more lenient
than banks, offering
loans to people with
bad credit.
Private and federal student
loans aren't necessarily better or
worse than the other — but they are different.
Although the interest rate of a
private loan for
bad credit is a bit different
than a
private loan for good credit, it might still make sense for you to get the
loan.