Parental Loans for Learning

Private Loans for College

If your credit rating is good, you may qualify for various types of commercial loans. For each one, check the interest rate and what it is based on, if there is a cap on the rate, what the cap is based on, and how soon you have to begin paying the loan.

To get a copy of your credit report call Experian (888-397-3742; www.experian.com), TransUnion (800-916-8800; www.transunion.com), or Equifax (800-525-6285; www.equifax.com). When you get the report, it will not tell you your credit score, but it will give you an indication if your credit rating is good or bad. If your credit rating is not good, you may see late payments, defaults, and lots of credit outstanding. Also check to make sure there are no mistakes.

Share Article:
Add to GooglePlus
Investment and insurance products and services are offered through INFINEX INVESTMENTS, INC. Member FINRA/SIPC. Investment & Insurance Services at Flagstar Bank is a trade name of Flagstar Bank. Infinex is not affiliated with Flagstar Bank. Certain insurance products are offered through Douglas Insurance Agency, doing business as Flagstar Investment & Insurance Services, which is affiliated with Flagstar Bank. Products and services made available through Infinex are not insured by the FDIC or any other agency of the United States and are not deposits or obligations of nor guaranteed or insured by any bank or bank affiliate. These products are subject to investment risk, including the possible loss of value.
BrokerCheck