Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

Whats the difference between a Federal Stafford loan and a private loan?

April 26, 2017Federal loan private Stafford

0

Posted

Whats the difference between a Federal Stafford loan and a private loan?

3 Answers

0

Posted

A. A Federal Stafford loan is a low interest federal educational loan that does not require a credit check. A private loan may have higher interest and fees which are determined by the student’s or co-borrower’s credit history.

0

Posted

A. A Federal Stafford loan is a low interest federal educational loan that does not require a credit check. A private loan may have higher interest and fees which are determined by the student’s or co-borrower’s credit history. Q.

0

Posted

A. A Federal Stafford loan is a low interest federal educational loan that does not require a credit check. A private loan may have higher interest and fees, which are determined by the student’s or co-borrower’s credit history.