Private College Student Loan

Which is the best to take out a loan from?

I am a college student and i am going to have to take out a loan for next semester. This is the first time I have ever did anything like this and I dont know who to take the loan from. My college has a couple of private lenders listed like the Academic Answer Loan from Suntrust, Chase Private student loan (non-certified), Sallie Mae Education Trust, Chase Select Private Loan, Sallie Mae tuition answer (non-certified), wells fargo colligiate loan, discover private education loans, wells fargo education connection loan (non-certified), discover private education loan, and CitiAssist Loan. Which one should i choose? Would it be better if it was non-certified?

Public Comments

  1. Use the lender with the smallest interest rate and that is "government backed"; like Sallie Mae. You don't start paying on a government student loan until you graduate and it gives you 10 years to repay; usually at a good interest rate below prime.
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