Due to the current recession occurring in the U.S, many individuals are struggling to send their kids to college. Many families don't have enough money to pay their monthly bills and therefore don't have the funds required to pay high educational expenses. Don't let lack of funds hold you back any longer. Let your son or daughter receive the education they truly deserve and pay for it by getting student loans. There are lots of student loans in Peotone that have low interest rates and are specifically designed for parents. Call our associates today to locate a lender in Peotone. A student loan consolidation program in Peotone allows you to lock in low interest rates, bundle your federal student loans into one low monthly payment, and put more money into your pocket. Additionally, Peotone education loan consolidation programs do not typically charge prepayment penalties, origination fees or application fees. Typically, you can complete a simple, online application to get a loan consolidation, making it a simple, affordable way to lower your student loan payments. Phone our associates today for additional info on student loans and consolidation in Peotone. Subsidized and unsubsidized education loans are two different choices when getting a Federal Stafford loan. In Peotone, both types of loans apply to all college students, irrespective of credit. Subsidized Stafford financial loans are for students that are from low income or in need. With this type of loan, the US government pays the interest while you're still in school. Unsubsidized student loans are also available to college students in need of assistance. Several college students have multiple Illinois unsubsidized Stafford financial loans to manage their school costs. A Federal Stafford loan is a government-secured student loan offered to graduate and undergraduate college students at rates much lower than other traditional loans. Unlike other Peotone student loans, a Stafford loan does not require you to have collateral or flawless credit. If you stay enrolled in classes at least half time, you won't need to make payments until you have graduated. With a slow economy and rising tuition costs, Stafford student loans in Peotone are a great option for struggling students. Do you have a low credit score but need college loans to help pay for your college education? Fortunately, there are lots of student loans available to students in Peotone that are intended particularly for people with bad credit. Even if you have late payments on your credit report, there are college loans out there that will meet your needs. Call our experienced reps right now for more information and to get the best student loan rates in Peotone.