Comments on: Our Holiday Wish List: Five Things from Student Loan Lenders http://blog.filife.com/our-holiday-wish-list-five-things-from-student-loan-lenders/ A production of FiLife, a new personal-finance site that goes live later this year. Mon, 13 Oct 2008 09:02:32 +0000 http://wordpress.org/?v=2.6.2 By: coeniovexia http://blog.filife.com/our-holiday-wish-list-five-things-from-student-loan-lenders/#comment-1227 coeniovexia Fri, 09 May 2008 20:35:10 +0000 http://www.filife.com/our-holiday-wish-list-five-things-from-student-loan-lenders/#comment-1227 Nothing succeeds like success. -- Alexandre Dumas ---------------------------------------------------------------------------------------------------- http://ebloggy.com/juliolewisub Nothing succeeds like success.
– Alexandre Dumas

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]]> By: Arie Sowers http://blog.filife.com/our-holiday-wish-list-five-things-from-student-loan-lenders/#comment-436 Arie Sowers Tue, 18 Dec 2007 22:12:40 +0000 http://www.filife.com/our-holiday-wish-list-five-things-from-student-loan-lenders/#comment-436 Thanks for the student loan wish list! I would love to share some information about a resource that your readers will find useful if they, too, are baffled by student loans. I work for SimpleTuition and we built a free, online student loan comparison tool that allows borrowers to see customized loan details - before applying - for multiple loan options, including private, federal (Stafford, PLUS), and consolidation loans. No personally identifiable information is required to see loan options. We completely understand how hard financial data is to comprehend, especially for students starting out with little experience with personal finance. So our site shows real loan information, including the range of rates and fees based on credit. SimpleTuition helps to decipher terms like PRIME and LIBOR by listing each loan in an apples-to-apples comparison of total cost, monthly payment, APR, and more, and defining confusing terminology and jargon for the user. It even shows borrowers exactly how much those tempting borrower benefits are worth - maybe seeing the amount in real dollars will encourage students to use auto-debit or make those payments on time! I wish we could do something about variable rates for private loans or late-payment penalties, but we know having as much information about the loan and a place to comparison-shop does help borrowers better understand loans and perhaps even apply for fewer loans, thereby reducing the impact of loan applications on their credit scores. Check it out at www.SimpleTuition.com - we'd love to hear your feedback Thanks for the student loan wish list!

I would love to share some information about a resource that your readers will find useful if they, too, are baffled by student loans. I work for SimpleTuition and we built a free, online student loan comparison tool that allows borrowers to see customized loan details - before applying - for multiple loan options, including private, federal (Stafford, PLUS), and consolidation loans. No personally identifiable information is required to see loan options.

We completely understand how hard financial data is to comprehend, especially for students starting out with little experience with personal finance. So our site shows real loan information, including the range of rates and fees based on credit. SimpleTuition helps to decipher terms like PRIME and LIBOR by listing each loan in an apples-to-apples comparison of total cost, monthly payment, APR, and more, and defining confusing terminology and jargon for the user. It even shows borrowers exactly how much those tempting borrower benefits are worth - maybe seeing the amount in real dollars will encourage students to use auto-debit or make those payments on time!

I wish we could do something about variable rates for private loans or late-payment penalties, but we know having as much information about the loan and a place to comparison-shop does help borrowers better understand loans and perhaps even apply for fewer loans, thereby reducing the impact of loan applications on their credit scores.

Check it out at http://www.SimpleTuition.com - we’d love to hear your feedback

]]> By: Keith http://blog.filife.com/our-holiday-wish-list-five-things-from-student-loan-lenders/#comment-359 Keith Thu, 06 Dec 2007 13:54:06 +0000 http://www.filife.com/our-holiday-wish-list-five-things-from-student-loan-lenders/#comment-359 My heart goes out to all those in this generation currently attending college - it is super expensive and also the market is saturated in many ways. No longer can a programmer or IT graduate command a great salary. My advice to the younger generation would be to start an entrepreneurial venture of some kind and study on the side. At least in this way, you can keep up with the changing times. A college degree doesn't mean as much today as it did in the past. Indeed, the Brave New World (by A. Huxley) has arrived. My heart goes out to all those in this generation currently attending college - it is super expensive and also the market is saturated in many ways. No longer can a programmer or IT graduate command a great salary. My advice to the younger generation would be to start an entrepreneurial venture of some kind and study on the side. At least in this way, you can keep up with the changing times. A college degree doesn’t mean as much today as it did in the past. Indeed, the Brave New World (by A. Huxley) has arrived.

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