There are currently over 250 different types of college loans available in the U.S. marketplace right now. Which is the best one for your family? And how do you know if you are getting the best rate and terms?

There are several companies that compile all the information regarding rates and terms of every type of college loan on the marketplace and put them into one easy to research tool.

But there is a catch. Every one of these “college loan comparison” websites give preferential treatment to the loan companies who pay them for placement. In other words, they make it seem as if certain loan companies are the best deal even if that is not truly the case.

There is one non-profit organization who does not accept paid placement money to list available private loans.

That company can be found on the web here:

http://www.finaid.org/loans/privatestudentloans.phtml

We suggest this site if you are considering a private college loan for your child.