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Government loans can help pay for education, housing, business, disaster relief, and more. Unlike grants and benefits, government loans must be repaid, often with interest. Use the free, official website GovLoans.gov to search for government loans you may be eligible for.
The government does not offer "free money" for individuals. Federal grants are typically only for states and organizations. But you may be able to get a federal loan for education, a small business, and more.
Education Loans If you need help paying for school, federal student loans (under the Direct Loan program) are probably your best option. They are easy to qualify for, they have competitive rates, and they offer flexibility when you're getting on your feet (and when you face financial hardships in life).
Some of the easiest loans to get approved for include payday loans, no-credit-check loans, and pawnshop loans. Personal loans with essentially no approval requirements typically charge the highest interest rates and loan fees.
What Are My Options for Bad Credit Loans? Peer-to-Peer Lending. ... Car Title Loans. ... Borrow Money From a Friend or Family Member. ... Pawnshop Loans. ... Payday Loans. ... Credit Card Cash Advance.
Government home loans for buying FHA loans are backed by the Federal Housing Administration and issued by FHA-approved private lenders. The down payment requirement is as low as 3.5% with a minimum credit score of 580 and 10% with a minimum credit score of 500.
Loan Categories Agricultural Loans. Education Loans. Housing Loans. Loan Repayment. Veterans Loans.