Sallie Mae student loans offer both variable interest rates and fixed interest rates. You can view interest rates and payment plans on their website.
Variable rates: 5.74% to 13.11% APR
Fixed rates: 6.62% to 13.83% APR
Terms: 5 to 15 years of principal and interest payments
2 Repayment Options: 1) $25 fixed repayment; and 2) interest repayment
NOTE: There is no origination fee and no prepayment penalty, both of which help you.
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