Question about private student loans?

I have already applied for one private student loan but was only approved for half of the amount that I applied for (with a co-signer). would it be worth it to apply for another private student loan with another company for the remaining amount?

Question about private student loans?

Yes, it would be worth it IF you are unable to cover your tuition and books. Do not take out the maximum amount offered or take extra loans to live on if you can help it. This is how I have gotten so far into debt.

If you can turn down the first offer in favor of the second, as long as the interest rates and other terms are comparable, this might be your best option. Just don't take out more than you need.

Question about private student loans?

Thank you for your insight K%26amp;J. Report It