LOL.

Laughing out loud?

Nope! Think again.

It means Life of Loan, of course.

I work as a Student Loans Rep for Discover Financial Services. We talk about loans a lot and LOL is our favorite acronym (except for maybe obc am nml...but, I digress). I think the fact that life of loan = LOL = laughing out loud is enough to make anyone laugh at least a little bit, but especially me. Yay :D