If you need to pay for your own undergraduate or graduate education, you hope to buy a home in the future, or you need a car to get to school or work, you'll probably need to borrow money. To borrow wisely, you need to understand what loans are and how they work.

You can find that information and more in the following pages, along with links to other valuable resources.

One of the most important things you'll discover in this section is that it's smart to borrow only as much as you need because when you borrow you are promising to pay back every dollar, plus interest.

Get smart about loans.