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Getting a Student Loan through GreenNote's Social Network-Based Loan Program

What is GreenNote?

By Karen Schweitzer, About.com

GreenNote is an online platform that helps students secure low-cost student loans via social networking. Students can obtain loans from family, friends, community organizations and anyone else willing to lend a few bucks.

What's nice about GreenNote is that there are no credit checks or other traditional loan requirements that could cause problems for some students. With GreenNote, everyone is eligible for a low-cost student loan.

Fast Facts about GreenNote
  • Interest rates are fixed at 6.8 percent
  • Payments can be deferred for up to 5 years
  • Loans have a repayment term of 10 years, with no repayment penalties
  • Lenders receive a return on their investment
Learn More about GreenNote's Social Network-Based Student Loan Program

To learn more GreenNote, check out these interviews:

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