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02.04.09 | Private Loans Are Flexing Some Muscle

Deion Sanders was known as “prime time” back in the day; a name the self-absorbed NFL star actually gave himself. But when people speak of prime time these days they are usually referring to the widely used benchmark which determines the interest rate on a number of loans. Strike now while the kettle is hot is my advice.

I’ve been beating the private student loan drum for the past few weeks, and with good reason. It is a great time to take out a private student loan for school. With the prime rate at 3.25% and Stafford loan rates ranging between 6% and 6.8% it’s just good business acumen.

Whether you are looking to cover a portion of your student loans or fund your entire education with private loans one thing is certain, the rates have never been better. Apply today.


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