Eligibility and Interest Rates
Eligibility, rates, terms, and conditions vary per lender. The lender listing contains a brief overview of eligibility for each lender; however, we encourage you to review each lender in greater detail.
Loan approvals and interest rates
Loan approval and interest rates are based on the borrower’s and co-signer’s credit ratings. Alternative loans are agreements between the borrower, cosigner, and the lender.
Be sure private alternative loans are the right option for you.
- Calculate your estimated monthly payment and total repayment amount
- Review your Loan Debt Summary on eLion for current loan obligations
- Budget wisely and borrow only what you need
- Compare private alternative loan terms