How do the interest rates for private student loans shown in the article compare?
Question: How do the interest rates for private student loans shown in the article compare?
Private student loan interest rates can vary significantly depending on the lender, loan terms, and borrower qualifications. Here's a comparison based on the information I found:
1. Variable APRs: Rates range from as low as 4.44% to as high as 17.99%.
2. Fixed APRs: These can start at 3.47% and go up to 17.99%.
3. Lender-Specific Rates: For example, College Ave offers rates from 3.47% to 17.99%, while Sallie Mae's rates range from 3.49% to 15.49%.
These rates are influenced by factors like credit score, income, and whether a co-signer is involved. If you'd like,
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