It’s a fact of life: Most college students simply don’t have the credit history to qualify for private student loans on their own . It’s also true that not everyone who needs a cosigner has someone who’s able to fill that role. For some, the only option is to get a student loan without a cosigner.

What to look for in a private student loan without a cosigner

If you don’t have a cosigner to help you acquire a privagte student loan you’ll want to see what loans are available to you – and of those, which ones are the best fit for you. When you look at lenders, consider each of the following aspects:

Student Loans Without a Cosigner: How to Acquire Student Loans on Your Own

Loan terms – Your loan terms spell out exactly how long you have to pay off your debt, as well as the interest rate you’ll pay back. Shorter loan terms, around five years, will generally feature lower interest rates but require a higher monthly payment.Continue reading→