The question of whether to finance your federal student loans with a private student loan is one you should analyze before you taking action before there is no "do-over." This video with student loan expert Heather Jarvis features some of trade-offs with each type of loan. The federal loans have features such as multiple payment plans to choose from and deferment and forbearance options that private student loans do not offer. Private student loans may offer lower rates but you want to consider what you may give up if you choose this option.
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Learn more by visiting www.financialexpertsnetwork.com and look for upcoming and past webinars that feature Heather. And feel free to check all the webinars that address important money issues.
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