Private Student Loan Big Lenders

Private Loans can come from all sorts of sources. But as could be guessed, there are some bigger players in private student loans than others. Sallie Mae, with its Signature Loans, is at the forefront of the private student loan sector. However, large financial institutions are also major sources, such as:

• Wellsfargo
• Wachovia
• Citibank
• Chase
• Sun Trust
• Bank of America
• Discover
  

There are also specialized lending groups who have tailored their lending practices specifically to graduate and undergraduate loans. The better known among these include Sallie Mae, Nellie Mae, Astrive Student Loans, and MyRichUncle. It is highly suggested that great care is taken when deciding on a private student loan because the terms and options can vary so greatly.