Are Astrive student loans reasonable?

Question

Do they have reasonable interest rates? How long do they give you after you graduate to start paying them back?

Answer 1

Astrive is a private loan lender who also services their loans. That means they generally do not sell you loan to another company. In the past, banks would sell their loans to other companies because the interest rate they charge is not worth the due diligence of collecting payments.

Astrive seems to have high fees, high interest and requires a credit check,which would explain why they do not sell their loans. Before settling on this lender, I would shop around. The Federal Student Aid Program through the government's Direct Loans and Sallie Mae do not check credit and offer more flexible repayment terms. Plus, you do not need a co-signer, which Aspire seems to push alot in their literature.

Check around before signing with this company, I think you can get a better deal!

Answer 2

If you're investigating Astrive, you must be looking for a private student loan. These are provided by private lenders. As such each lender will have slightly different rates and repayment terms.

If you're looking at a private student loan, like Astrive offers, then I presume you've already maxed out any federal loan options. If not, go that route first. Start by completing the fafsa online at http://fafsa.ed.gov/

Once you have gotten as much federal student loan assistance as you can, then shop around for a private student loan. A couple of places I highly recommend are Student Loan Advisors at http://www.StudentLoanAdvisors.com and Chase Banks private student loan program which you can reach through http://www.usadegrees.com/chase/ .

Both have online application forms, they will call you back to discuss options and typically can get you an answer within a couple of days or less.

You should compare both of the programs I suggested along with Astrive and decide what works best for you.

A private student loan works much like a federal student loan in that you may defer payments until up to 6 months after you are out of school. The biggest difference is that they will send the money directly to you to use towards any educational expense. Typically the rates are higher than a federal loan and they will look for a positive credit and income history or a co-signor if you can not provide this on your own.

Private Student Loans can be a valuable tool in completing the education financing picture, but you have to use them wisely.

Answer 3

I would look into federal student loans rather than the private ones. Stafford and Perkins loans will have much better interest rates and lower processing fees. I'm attaching a good publication about loans-look in the back of the publication for the terms and interest rates. Good Luck.

Answer 4

The economic employer is the 1st place which you will choose to examine. once you're actually unable to get carry of one for the duration of the economic employer, then you definately would choose to touch the college. when you consider that Astrive is a school own loan, they only paintings with specific colleges. for sure once you touch them, they are going to say which you would be able to practice, yet your college continually has the choice to disclaim any pupil own loan which you practice for, and in basic terms based on the shown fact that they don't paintings with that business enterprise. maximum inner maximum pupil loans which you notice on television or perhaps even see on line like next pupil, Chase, or economic employer of usa are each and all the "Astrive" own loan. while they call it Astrive, that's in order that as that they are able to tell what business enterprise is definitely originating the interior maximum loan, truly who's doing the paper paintings for the interior maximum loan. the business enterprise that's in charge of the Astrive own loan is TERI (The training components Institute). superb element to do like I stated formerly is to touch a economic employer. in basic terms upside to using for a pupil own loan is they are going to defer funds once you're inschool.

Answer 5

Go to your financial aid office and talk to them about your loan options. Stay away from Astrive loans they are WAY too high. Have you received a stafford or perkins? THey are your first stop.