So you realize you need a loan. That’s all well and fine, but there are sooooo many choices. Type loan into Google, and there are literally millions of choices. I mean how do you know which one to choose? Sure, you could read information online, but there are charts and ads and no way of knowing who to believe and who not to believe. Plus, after hours of reading, you just want to say, “Screw it! I’ll take this one,” picked in a pin-the-tail-on-the-donkey-minus-the-donkey (and the pin for that matter) fashion. After a while it gets so trying, that you scream out to the heavens and beg some god, any god, to help. Well, YAHTZEE! Help’s here.

Here’s the down low. First, notice, if you will, the hierarchy of loans. They are ordered from best possible loans and interest rates to the less desirable ones. Do not be fooled, kind traveler of the financial world!  Although more pros are listed for private loans, the interest rates for federal loans smash the private loan competition, kick them in the shin, and spit in their eye. Federal loans are the Juggernaut of the student loan world. Remember that, and read on.