Best interest rates for consolidating student loans

Private Student Loans As a general rule, don’t consider getting a private student loan until you’ve maximized your federal student loan options.

If you max out your federal student loans and still need assistance, you may want to think about getting a private student loan as well.Late payments affect your credit as well as the primary borrower’s.If you choose to cosign a loan, stay in touch with the primary borrower to make sure you handle any issues before they begin to miss payments.If you’ve exhausted all these options, it may be time to consider a student loan.

If you want to get a student loan, you generally can’t go down to your local bank and take out a loan to pay for college.

When we sat down to find the best student loans, we performed in-depth research on major student loan providers and compared them.