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What are the advantages of using a personal loan to pay for college?
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The main advantage of using a personal loan to pay for college is that it can provide you with access to funds quickly and easily. With traditional student loans, there can be long waiting periods before you receive any money, while a personal loan can often be approved in as little as 24 hours. Additionally, personal loans typically offer lower interest rates than student loans, so you could save money over time if you plan ahead. Finally, some lenders may even offer flexible repayment terms that allow you to spread your payments out over a longer period of time.