Student loans are expensive. They’re also confusing. There are tons of different types of student loans with varying interest rates, repayment terms, and even eligibility requirements.
It’s not surprising that most students struggle to find the best student loan rate. After all, finding the best student loan rate requires research, comparison shopping, and patience. Fortunately, we’ve done all the work for you. We found the best student loan rates for you. All you have to do is apply!
In this article, we will compare the best student loan rates. We will go over the different types of loans available, what they mean for your future, and how you can get started with a new or existing loan.
The first type of student loan is federal direct loans. These are based on your credit history and are intended for students with poor credit histories or no credit history at all. You can apply for these loans through Splash financial student loan refinance.
The second type of student loan is a private student loan.
These are typically more expensive than federal direct loans but can be used to help cover costs such as tuition and living expenses while you take classes at school.
They require a cosigner who has good credit and will be responsible for paying back any debt accumulated during their time in school. You can apply for these loans through Splash Financial.
If you’re looking into refinancing a current student loan, there are many options available depending on what type of loan you have already taken out (federal direct vs. private). For example,
federal direct loans are cheaper but often come with longer-term obligations; private student loans offer lower monthly payments but no income-based repayment option.
Splash financial student loan refinance makes it possible to refinance both private and federal student loans, including parent PLUS loans.
