If you are in need of money for business school, you may be interested to know about a new student loan program that was launched on June 4th.
Known as GreenNote, the program allows you to obtain low-cost student loans from family, friends, or anyone willing to give you some extra cash. There is no bank to go through, which means there are no credit checks and no co-signers required.
Key Terms of GreenNote Loans:
- Interest rates are fixed at 6.8 percent
- Payments can be deferred for up to 5 years
- Loans have a repayment term of 10 years, with no repayment penalties
- Lenders receive a return on their investment
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