This type of loan tends to be more expensive for the borrower, as they may carry higher interest rates and/or fees. The risk of an Alt-A borrower typically falls between prime and subprime.

Alternative lenders, regional and local banks, and credit unions, may still accept PPP loan applications. Whether you need money now or could use it later, these alternatives to PPP loans could help.

Alternative loans, also referred as private student loans, are loans that students can apply directly with a student loan lender that is not affiliated with the Financial Aid Application. Eligibility ...