How did you pay for FSI?

Visceral · January 29th, 2002, 14:40

I'm about 98% sure I'm going to FSI for training this summer. My question for anyone who is or has attended recently is how you paid for your training. The reps I talked to told me about the Key Loan, Sallie Mae, and maybe even Ellie Mae. I'd like to have a little firsthand knowledge from you guys before I dive into the applications and stuff. Were the financial staff at FSI helpful or did you do most of the work on your own?

Thanks for any info! [img]images/icons/laugh.gif[/img]

chunk75 · January 30th, 2002, 02:18

I got the Key loan with no sweat! Approved without a cosigner for 60K, added a cosigner to lower the interest rate.

Keep in mind, I am a poor E-5. Key Bank told me they base their decision on credit history, not income. I had a bad experience with AMEX as a freshman in college (7 years ago), so my record wasn't perfect, but it's been clean for the past coupla years.

Hope this helps,

Chunk

Visceral · January 30th, 2002, 16:07

Thanks Chunk,
It seems that Key loan is the deal. Bad credit experiences in college...been there done that!

**DONOTDELETE** · January 30th, 2002, 19:11

Hey,
Be careful with the Key loan. I'm in the finance field and am know changing careers. I have been checking out these student loans and one thing to not over look is the up front fees of up to 9%. That means if you borrow 60,000 they are gonna expect 5400 dollars that goes into there pocket !! BE CAREFUL !!! Ask them what the real cost of the loan is. [img]images/icons/shocked.gif[/img]

January 29th, 2002, 14:40	#1
Visceral Junior Member Join Date: Aug 2001 Posts: 293	How did you pay for FSI? I'm about 98% sure I'm going to FSI for training this summer. My question for anyone who is or has attended recently is how you paid for your training. The reps I talked to told me about the Key Loan, Sallie Mae, and maybe even Ellie Mae. I'd like to have a little firsthand knowledge from you guys before I dive into the applications and stuff. Were the financial staff at FSI helpful or did you do most of the work on your own? Thanks for any info! [img]images/icons/laugh.gif[/img]

January 30th, 2002, 02:18	#2
chunk75 Senior Member Join Date: Jul 2001 Location: FL Posts: 922	Re: How did you pay for FSI? I got the Key loan with no sweat! Approved without a cosigner for 60K, added a cosigner to lower the interest rate. Keep in mind, I am a poor E-5. Key Bank told me they base their decision on credit history, not income. I had a bad experience with AMEX as a freshman in college (7 years ago), so my record wasn't perfect, but it's been clean for the past coupla years. Hope this helps, Chunk

January 30th, 2002, 16:07	#3
Visceral Junior Member Join Date: Aug 2001 Posts: 293	Re: How did you pay for FSI? Thanks Chunk, It seems that Key loan is the deal. Bad credit experiences in college...been there done that!

January 30th, 2002, 19:11	#4
DONOTDELETE Senior Member Join Date: Dec 1969 Posts: 883	Re: How did you pay for FSI? Hey, Be careful with the Key loan. I'm in the finance field and am know changing careers. I have been checking out these student loans and one thing to not over look is the up front fees of up to 9%. That means if you borrow 60,000 they are gonna expect 5400 dollars that goes into there pocket !! BE CAREFUL !!! Ask them what the real cost of the loan is. [img]images/icons/shocked.gif[/img]

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