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Federal Student LoansFederal Student Loans are loans that are guaranteed by the government, but are not necessarily money from the government. Federal Student Loans are loans that are made by typical student loan companies, but offer a Federally guaranteed version that allows them to offer a preferred rate, and if you default, the company gets the money from the government. Federal Student Loans are an excellent option. There is a bit more red tape for application process, but is well worth it for the long haul, typically a great loan from the lender standpoint, and in the end result, a preferred cosigner on your loan, the Federal Government. Federal Student Loans are a great way to go in our opinion. Good Luck in Class! Tip: "Research your Federal Student Loans well, apply only once when you pretty well know. This saves the number of inquiries on your credit report, and can help keep your credit score up. The number of inquiries drives your credit score down! Shop our sources at i Online Loans! Research is free!" |
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