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Before you take one out, it’s worth weighing the pros against the cons to determine whether a personal loan is the right financing option for you. Below are a few advantages of using personal ...

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Private student loans may offer higher borrowing limits and potentially lower interest rates compared to federal loans, but lack benefits like income-driven repayment plans and loan forgiveness.

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Another good place to turn is the website of the Consumer Financial Protection Bureau (CFPB), which has a compilation of ...