What student loan company has the lowest interest rate?

I currently have a nelly mae loan(sallie mae) and they are way too high. Whats a good loan company for me to look at for next school year? PLEASE ONLY ANSWER IF YOU ACTUALLY HAVE TAKEN OUT A LOAN WITH THE PLACES YOU RECOMMEND.

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This entry was posted on Friday, February 19th, 2010 at 5:00 am and is filed under loans. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

One Response to “What student loan company has the lowest interest rate?”

Found-1 February 19th, 2010 at 5:13 am

Federal loans are regulated by the government so all the rates are the same no matter what bank you take the loan from. Perkins loans are 5%. Stafford Loans are 6.8% and some of them the government pays the interest while you are in school. I’d stay away from any Private student loans, they are EVIL!
Good luck

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