Citibank or My Rich Uncle for private school loans. Which is better? Anyone taken loans from either?

Question

Citibank or My Rich Uncle for private school loans. Which is better? Anyone taken loans from either?

Answer 1

Citibank by about 12 light years.  Of course I am extremely biased against MRU.  I have nothing but the lowest contempt for them as a company.  They purposely wage smear campaigns against innocent hard-working people in the financial aid sector.

Before using private loans make sure you have exhausted all forms of federal aid available first and any possible scholarship routes.  Only borrow what you absolutely need with private loans as these will be the hardest to pay back, and the most costliest to you in the long run.

Answer 2

I have not taken loans personally from either company, but I have worked with both companies.  In my personal opinion, Citibank is the best, by far, between these two.