MADISON, Wis. – University of Wisconsin CU rolled out a fixed-rate private student loan for college students, adding to its variable-rate student loan.
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UW CU claims it is the first Wisconsin lender to offer a fixed-rate private student loan.
“This fixed-rate term gives students the peace of mind in having the same rate for the life of the loan, while avoiding the upfront fees associates with alternative fixed-rate options,” said Mike Long, chief credit officer at the $1.6-billion credit union.
