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Thought on the different student loan options and the implications of taking on student loan dept.
You will discover numerous options to consider when it comes to student loans as an undergraduate. [ However, the following are a few examples of those deemed most popular and beneficial. • Smart Option Student Loan – Offered by Nellie Mae, the Smart Option Student Loan has been carefully developed with two repayment options, both designed to lower the amount of debt and ultimately, save you money. With this type of undergraduate student loan, you can choose a fixed option, meaning interest would not change. For this, you can set up payments as low as $25. The second repayment option
is a low interest plan, also set up to reduce the amount of debt. With the fixed option, you would save more than 20% throughout the life of the loan whereas with the second interest option, savings would reach over 30%. • PNC Solution Loan – The second undergraduate student loan we wanted to mention is a great solution after being turned down for other federal loans. With this, a few benefits include there being no application or origination fee, setup of automatic payments, available money for all college expenses, and in some cases, deductible tax. source: collegeeducationcost.com/different-options-for-student-loans.html ]
Expert answered|sharpies|Points 6685|
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Asked 2/18/2012 2:01:13 PM
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