Signature Student Loan for Comunity Colleges

The Signature Student Loan has some benefits which make it the most popular after-Stafford loan. What benefits? Read about them in the following material. Find out other interesting facts about this kind of Private loans.
Signature Student Loan for Comunity Colleges

Benefits
• The Signature Student Loan has a high approval rate.
• You can apply for the Signature Student Loan with a creditworthy cosigner if you have less-than-ideal credit or no credit at all.

Loan limits
• Minimum amount: $500
• Maximum amount: $15,000
• Aggregate amount: $50,000

Interest rate
Interest rates are changeable and based on the Prime rate.
 
Fees
There is no disbursement fee; repayment fees depend on your credit history and can range from 0%–3%.

Repayment
You can repay during 15 years, with the option to extend terms (up to 30 years) for higher aggregate loan balances.
There is no penalty for prepayment.



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