Private Loan

Whether you are a first-year law student or a well-established attorney, Law School Loans has a private loan program to fit your needs. Because we only deal with law students and attorneys, we have a specialized view of the financial requirements of our clients. Our private loan applications are easily completed over the phone, and you will know right away if you are approved. We are dedicated to helping you with your private education loans, private loan consolidations, bar loans, and even small business loans.

Let’s face it, completing law school may be an expensive undertaking, and federal student loans usually are not sufficient to cover all of your tuition, housing, and living expenses. Our law school tuition loans are designed to help fill in the gaps so you can concentrate on your education, instead of worrying about how to pay your rent. Our law school tuition loans are credit-based, and they have a variable interest rate. The minimum you may borrow is $3,000, and the maximum is $50,000 per year with a cumulative cap of $250,000. The money you borrow may be used for any of your financial needs, including tuition, housing, or personal living expenses as long as you provide proof of enrollment in a Title IV school (any school that receives federal funding, such as Stafford loans). There are a couple of key requirements to remember, though. First, either you or a cosigner must have at least $15,000 in verifiable annual income. The second thing to remember is that you must make the interest payments while you are in school. You may defer paying the principal for up to three years after you graduate, and we offer some of the longest repayment terms available. Continue Reading

Whether you are a first-year law student or a well-established attorney, Law School Loans has a private loan program to fit your needs. Because we only deal with law students and attorneys, we have a specialized view of the financial requirements of our clients. Our private loan applications are easily completed over the phone, and you will know right away if you are approved. We are dedicated to helping you with your private education loans, private loan consolidations, bar loans, and even small business loans.

Let’s face it, completing law school may be an expensive undertaking, and federal student loans usually are not sufficient to cover all of your tuition, housing, and living expenses. Our law school tuition loans are designed to help fill in the gaps so you can concentrate on your education, instead of worrying about how to pay your rent. Our law school tuition loans are credit-based, and they have a variable interest rate. The minimum you may borrow is $3,000, and the maximum is $50,000 per year with a cumulative cap of $250,000. The money you borrow may be used for any of your financial needs, including tuition, housing, or personal living expenses as long as you provide proof of enrollment in a Title IV school (any school that receives federal funding, such as Stafford loans). There are a couple of key requirements to remember, though. First, either you or a cosigner must have at least $15,000 in verifiable annual income. The second thing to remember is that you must make the interest payments while you are in school. You may defer paying the principal for up to three years after you graduate, and we offer some of the longest repayment terms available.

Once you make it through law school, you must study for and pass the bar exam. Law School Loans offers bar loans to allow you to focus on preparing for your examination. Because this may be the most difficult test you have ever had to take, we want to eliminate the stress and distractions your financial obligations may otherwise cause. Our bar loans are also credit-based with a variable interest rate. The minimum you may borrow is $1,000, and the maximum is $20,000. You may opt to begin repaying principal and interest immediately, or you may defer paying the principal for up to six months after you graduate. In order to qualify for a bar loan, you must have attended a Title IV school, and you must be registered to take the bar exam in any state. Another way we ease your anxiety with a bar loan is by disbursing it quickly. Once we receive your signed promissory note, a check will be issued to you within 48 hours. Continue Reading

There are different types of loans available in today’s competitive market. It is important that when you are considering a loan that you have all the facts right. You should also be sure of whether there are good benefits especially when it comes to the repayments. Most people go for the conventional lenders because they do not understand any other form of financing. However, you can access private loans if you know where to look.  Conventional lenders have a habit of denying loan applications or even complicating the entire loan process. This makes people turn to the private lender who … Continue Reading