<p>I found a couple of websites to search for student loans:</p>
<p>Student</a> Loan Toolkit
Simple</a> Tuition
[eStudentLoan[/url</a>]</p>
<p>Any experience with any of these?</p>
<p>What I noticed:</p>
<p>[url=<a href="http://www.studentloantoolkit.com%5DStudent">http://www.studentloantoolkit.com]Student</a> Loan Toolkit](<a href="http://www.eStudentLoans.com%5DeStudentLoan%5B/url">http://www.eStudentLoans.com)
Provides a Loan Cost Index which is nice for making comparisons. Not quite as many lenders as I would like</p>
<p>Simple</a> Tuition
A number of lenders, but they require you to put in lots of info, and they send lots of e-mails.</p>
<p>[url=<a href="http://www.eStudentLoan.com%5DeStudentLoan%5B/url">http://www.eStudentLoan.com]eStudentLoan[/url</a>]
Requires the most information, but has some nice side-by-side comparison features.</p>
<p>Do everything, Everything, Absolutely EVERYTHING, you can do to NOT taking out private loans. Are you reading the threads in this forum?</p>
<p>You may find that your soul to be worth very little.</p>
<p>Jesus Christ, how many times are posters going to incessantly insist against private loans --do you honestly think the poster is blindly diving into the private loan market?</p>
<p>If OP is looking for the *best *private loan deal, I assume he has scraped his other options clean.</p>
<p>Getting a student loan whether a governmental guaranteed or private supplemental loan is relationalship-transactional. The true cost of the loan is for the most part is not relevant in absolute dollars. There is no such thing as a "best* private loan * deal." It is an oxymoronic statement. </p>
<p>Your comparison is therefore not between vendors but whether getting a supplemental loan or alternative choice (less expensive school, working, saving, economizing) is better.</p>
<p>Do not use The Lord's Name in vain.</p>
<h1>3: "how many times are posters going to incessantly insist against private loans..."</h1>
<p>Ans: until this question is not asked anymore. Parents tagteam in answering this question.</p>
<p>look at the OPs other posts. I think this may be a spammer. Every post they have made relates to FA and particular websites, some of which have been editted by the mods</p>
<p>Thankyou Sue. Then it is time that OP be exposed and banned. I wonder if the links he posts are also alternate branding of paying sponsors of CC?</p>
<p>
[quote]
until this question is not asked anymore. Parents tagteam in answering this question.
[/quote]
</p>
<p>I'm sorry, I wasn't aware discussion of private loans was taboo on this forum. Maybe I should have read the rules before posting such an asinine response --to think some students would ever *require *private loans to bridge the gap. How silly!</p>
<p>Also, some may find it more offensive that you used a capital 'T' when referring to *your *lord on a community forum, than my exclamation influenced by years of living within a WASPsy society.</p>
<p>Some of the posters on this forum can be unbearably condescending, at times.</p>
<p>Then some will suffer the condescension. </p>
<p>There will be millions of families who will have their homes foreclosed in the next year. Everyone of these families thought that they had the "Best" loan. </p>
<p>Can you describe on this thread what is your definition for a "Best" student loan? So that others can offer some advice, what are yours or OP's parameters.</p>
<p>I was simply quoting OP, not injecting my own wording. I understand family situations are different and do not need an over-zealous CC poster to attempt an ostentatious lecture upon the issue.</p>
<p>But, my point is not over rhetoric or semantics, but instead that this forum instantly turns its nose from private loans seemingly regardless of situation; when, in fact, these hard-lining posters know little to nothing about that *unique *family's situation. By refusing to give any help on that matter, and instead to cram the information the poster has almost definitely heard ad nauseum, you are only adding insult to injury (the injury being the financial situation which warranted this sort of measure).</p>
<p>Finding a lender who will make a private student loan.
Finding another school that is affordable
Delaying school until funding is in place
Finding alternative (?) funding. </p>
<p>Such is the condition of the United States is that we are in hock to just about everybody. The OP is looking for a nonguaranteed, noncollaterized, student loan of indefinite duration in a field of study that can change at anytime, which the student can skip the country or pay that loan with his soul for a long while, perhaps when his own children begins college. We are currently borrowing money from the future earnings of today's student borrower at variable compounding interest and inturn lending that money to the student at low fixed rates. This is a financial pyramid.</p>
<p>Would you personally lend or would you let your financial institution lend?</p>
<p>getting a 200K private loan to finance undergraduate college is as fiscally irresponsible as what banks and homeowners have done the past several years. When the bottom drops out, things get ugly</p>
<h1>8. "I understand family situations are different and do not need an over-zealous CC poster to attempt an ostentatious lecture upon the issue."</h1>
<p>Family situations are all different. Everyone is unique. Some are more sorrowful than others, some are more desperate. However, unless the loan is guaranteed in some way by the Government (taxpayers) a private student lender will be concerned with just one thing: Is this student's promise to pay back this loan good? And if it is good, at what point will the student find that the loan burden is so bad, that the student will NOT repay the loan. As for Government guaranteed loans (direct, FFELP) they care about repayment to the point where the taxpayer demands garnishment of wages, job limitations, no bankrupcy discharge, no hardship cases except for owner's death or national service. </p>
<p>The bank that I have my savings with, has lost tens of BILLIONS USD on homeowners who made a promise to pay, but did not. Since my retirement funds are in mutual funds, and these MF own my bank as part of the portfolio, these funds lost value and by extension I, too, have lost wealth. </p>
<p>My bank is a big player in private student loans. I sincerely hope that their evaluation of student's promise is top notch. Salle Mae and other state sponsored, nonprofit lenders, no longer make student loans because the lenders to these firms no longer believe that the existing loans made to current and past students will be paid as promised. </p>
<p>The proverb: Lenders want to lend to those people who don't need money. And lenders will not lend to those people who need money. </p>
<p>There is a recent thread on Personal Finance courses for young people.</p>
<p>The rhetoric question of 'defining the Best student loan' is a fair question. As noted before, everyone's problem is unique, and the "best" for one student, could be the worst for another.</p>