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Is a personal loan and a private student loan the same thing with similar terms and conditions?

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Is a personal loan and a private student loan the same thing with similar terms and conditions?




The terms and conditions are different. Usually, student loans carry lower interest rates than personal loans.

Sub: #1 posted on Wed, 12/20/2017 - 12:52

SC SC
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(Posts: 3937 | Credits: 398.71)

NO, both are different and also the terms and conditions are not same.

Sub: #2 posted on Wed, 12/20/2017 - 18:54

sanderspatricia29 sanderspatricia29

(Posts: 606 | Credits: 63.61)

Apparently they are same but the T&C may differ.

Sub: #3 posted on Thu, 12/21/2017 - 17:49

Good Nelly Good Nelly
Industry Expert
(Posts: 2659 | Credits: 531.75)

Absolutely not...both are different loans and terms and conditions are also different.

Sub: #4 posted on Fri, 12/22/2017 - 15:48

tiarajoseph11 tiarajoseph11

(Posts: 300 | Credits: 42.48)

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