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07-21-2016, 07:23 PM
Amazon enters the student loan business
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Next time you're ordering your textbooks from Amazon, you can also order a student loan.*
Amazon is entering the private student loan business through a partnership with Wells Fargo.
Wells Fargo's student lenders will offer a 0.5 percent interest rate discount to members of Prime Student, Amazon's half-price version of Prime for college students.
Amazon already offers small business loans through Amazon Lending, the invitation-only loan program for third-party sellers it launched in 2012. But this will be the company's first involvement in the student loan market.*
The interest rate discount will be available for all Wells Fargo student loans, including both new loans and loan refinancing.* Read more... (http://mashable.com/2016/07/21/amazon-student-loans/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial)
More about Business (http://mashable.com/business/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial), Student Loans (http://mashable.com/category/student-loans/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial), Amazon Prime (http://mashable.com/category/amazon-prime/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial), and Amazon (http://mashable.com/category/amazon/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial)http://feeds.feedburner.com/~r/Mashable/~4/y-DKx7Xsnr4
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Next time you're ordering your textbooks from Amazon, you can also order a student loan.*
Amazon is entering the private student loan business through a partnership with Wells Fargo.
Wells Fargo's student lenders will offer a 0.5 percent interest rate discount to members of Prime Student, Amazon's half-price version of Prime for college students.
Amazon already offers small business loans through Amazon Lending, the invitation-only loan program for third-party sellers it launched in 2012. But this will be the company's first involvement in the student loan market.*
The interest rate discount will be available for all Wells Fargo student loans, including both new loans and loan refinancing.* Read more... (http://mashable.com/2016/07/21/amazon-student-loans/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial)
More about Business (http://mashable.com/business/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial), Student Loans (http://mashable.com/category/student-loans/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial), Amazon Prime (http://mashable.com/category/amazon-prime/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial), and Amazon (http://mashable.com/category/amazon/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial)http://feeds.feedburner.com/~r/Mashable/~4/y-DKx7Xsnr4