Should College Students Consider Personal Loans?

Reported 9 days ago

College students may need to consider personal loans to cover expenses after exhausting student loans, as they often offer faster funding and lower interest rates compared to credit cards. However, personal loans can also be more expensive than student loans, have usage restrictions, and require repayment shortly after disbursement. It's essential to weigh the pros and cons carefully and explore other funding options like scholarships or part-time jobs before deciding.

Source: YAHOO

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