Private College Student Loan

questions about loans?

i have a private student loan with Chase Student loans, I was wondering if it was a secured loan? and the same with American Education Services..is this secured or unsecured loans?? Thank u!!!

Public Comments

1. Read the fine print? I believe it would be unsecured, you didn't have to put up assets as collateral.
2. Most student loans are secured loans. Read your contract agreement. It should be some where near the arbitration statement.
3. If they're federal loans, they are secured. If you default on the loan, they can go after your tax refunds next year and every year thereafter until paid.
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