Unsecured Loan Options Available for Borrowers
Banks, credit unions, and online lenders offer unsecured loans without collateral, including personal loans, student loans, and credit cards, with varying terms based on creditworthiness.
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Latest reporting and analysis tagged with student loans.
Banks, credit unions, and online lenders offer unsecured loans without collateral, including personal loans, student loans, and credit cards, with varying terms based on creditworthiness.
Dependent first-year students face a $5,500 federal loan limit, covering under 25% of average $25,850 public college costs, leading many to private loans with different terms.
Over 5 million federal student loan borrowers were in default as of June 2025, with collections resuming in May. Borrowers risk wage garnishment and credit damage.