I will be attending graduate school in Fall 2013. My school recommended that I shop around for private loans to cover the cost of attendance (above the maximum amount of federal loans available) and it lists 8 large private lenders. I would like to receive the best loan offer possible so I thought it would make sense to apply to all the lenders; however, I do not want my credit score damaged because of I submitted multiple loan applications. I read in this 2008 article that my credit score could potentially be damaged by submitting multiple, or even just one, loan application: http://www.nytimes.com/2008/07/26/busin ... wanted=all
I am not sure what to do. I appreciate any insights or advice you have.
Thank you for your time and consideration.