Student Loans

College expenses continue to soar and students are increasingly turning to student loans (lån) to finance their education. Be sure you know about the grace period of your loan. Consumer loans (forbrukslån) have different grace period. It is impossible to know when you need to make your first payment without looking over your paperwork or speaking with your lender. Be sure to be aware of this information so you do not miss a payment.

Do not hesitate to “shop” before taking out a loan. Just as you would in other areas of life, shopping will help you find the best deal. Some lenders charge a ridiculous interest rate, while others are much more fair and you can get loans without collateral (lån uten sikkerhet) . Be sure to ask about interest rate before asking how much you can borrow (hvor mye kan jeg låne). Shop around and compare rates to get the best loans of the day (lån på dagen) or even get the most cheap loans (billig lån) ever.

Be careful when refinancing (refinansiering) loans together. The total interest rate might not warrant the simplicity of one payment. Also, never consolidate public student loans into a private loan. You will lose very generous repayment and emergency options afforded to you by law and be at the mercy of the private contract.

At X-in you have more choices. They have loans and best credit cards (beste kredittkort) offer such as Esso MasterCard, EuroCard Gold, Coop MasterCard and many more.