Hi, I am a teaching intern and I am considering taking out a loan, as my budget is in the negatives with bills and tuition, at this point I don't have enough money for the gas to get to my classes. I have cut out everything and have been super frugal but I am struggling. However I have some questions about loans that I have not been able to figure out on my own via the internet, and I want to be ready when I go to the bank.
If I take out a loan, when do I start paying it back? Is it immediately that month or is it a year or multiple years?
My plan would be to pay it off the moment I can afford it, but I keep seeing things about early payment fees, what is that about?
Should I ask for a loan from my bank (Chase) or from somewhere else? (I am in California, if that makes a difference)
What would I need to bring to a meeting where I ask for a loan?