Borrowers are free to select any lender in the country currently offering private alternative loans. Your choice of lender is entirely up to you. We process loan applications in a timely manner from any lender, so feel free to research every option.
Before you begin your search for a private loan lender, review the suggestions and tips found in the Tips to borrowing an alternative loan section. The information in this section may help you decide on a loan or lender. Use the loan comparison worksheet to assist in your decision making. We encourage you to do research on your own to find a private loan for your current and future needs.
Begin your search for a private loan by conducting a web search for "alternative loans," or "private education loans." Use several different browsers, such as Google, FireFox, Internet Explorer, Bing, etc. This may help in locating a number of different loans and lenders. Avoid selecting the loan that appears on the top of each list out of sheer convenience. Take some time to review all of the loan options available to you. Use the loan comparison worksheet, located on the Tips to borrowing an alternative loan page, as a research tool to help gather the important features of each loan. Discuss the pros and cons with your parents or with the co-signer so you all can make an informed decision.
If you need additional assistance, please contact our loan counselor.