Thread: Student Loan??
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Old 10-16-03, 11:19 AM   #6 (permalink)
Super Genius
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Join Date: Nov-2002
Location: Southwestern Ontario
Age: 41
Posts: 6,332
I would wait. Any loan service that is NOT a bank, will offer you a loan almost guaranteed, but pay CLOSE attention to the fine print. Interest rates may be as high as 29.5%. Tell your friend to get a job, and wait for the following semester, until he has enough collateral to apply and be accepted at a bank, or through OSAP.
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