Bad Credit Student Loans – What You Should Know

Sandra asks…

what is the best bad credit student loan complany that you don’t have to have a cosigner?

admin answers:

See http://www.computereweb.com/scholarship.php?id=hra0tt16koo9 they are free

Sandy asks…

So does student loans give you bad credit until you pay them back?

Just curious

admin answers:

No because you are not in default.

Nancy asks…

where can i find a bad credit student loan?

my son needs a student loan and my credit score is not high enought to be a co signer, have no family to help have been turned by the big banks and credit union where else is there to go any one have an answer
time is short
thanks
Thank you all for your answers, I just didnt add all information, we completed the fafsa ,we have all our stafford and pell grant, have been denied a parent plus loan by the school because he has turned 24 years old. we are still short 40000.00

admin answers:

The other poster is correct on the fact that your son can apply for Stafford loans, also you can apply for a Parent PLUS loan, which your credit score has no part of the decision. They look to see if you have anything currently 90 or more days delinquent. Then they look to see if in the past 5 years you have had: Foreclosure, bankruptcy, repossession, tax lien, wage garnishment, or defaulted loan. Also, if you are denied your son is eligible for $4000 in additional loans in his own name. Hope this helps.

John asks…

I am thinking of studing but have a bad credit rating. Do bank student loans do a credit check?

admin answers:

Yes they are hard to get now because of banks going under student loans and car loans are harder to get now.

Powered by Yahoo! Answers