Wells Fargo Guide to Private Student Loans

What you Before you borrow: Your guide for private student loans. The information in this material is produced exclusively by Wells Fargo Bank, ….

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Education Financial Services
What to know before you borrow: Your guide to private student loans

  • Guide to borrowing a private student loan
  • When should you consider a private student loan?
  • What is a private student loan?
  • How private student loans compare to federal student loans:
  • What is the difference between federal and private student loans?
  • Interest rate
  • Credit-based
  • Variable interest rate
  • Repayment term
  • What is the interest rate?
  • What is a cosigner?
  • Why have a cosigner?
  • What makes a good cosigner?
  • How to choose a cosigner
  • How much do you need to borrow?
  • Total cost of attendance
  • If you have trouble making payments
  • Avoid delinquency and default.
  • Forbearance is a temporary postponement of your payments
  • Your rights and responsibilities
  • Budget and credit basics
  • Establishing your credit


Download Wells Fargo Guide to Private Student Loans pdf from wfefs.wellsfargo.com, 30 pages, -KB.
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