How do I get a student loan with bad credit and no cosigner?
Thursday, July 16th, 2009 at
3:07 pm
DannyS asked:
I want a private student loan (not fafsa) but I have bad credit and no cosigner. I was wondering if there is a good company to go through that will give me student loans.
I want a private student loan (not fafsa) but I have bad credit and no cosigner. I was wondering if there is a good company to go through that will give me student loans.
Tagged with: Loan With Bad Credit • Private Loan • Student Loans
Filed under: Student Loans
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Nope. Without a cosigner you won’t be able to find anyone. Sorry.
Bad credit student loans, by every means can be accessed i.e. with or without collateral as it is designed with intensions, and applicants can opt according to appropriateness and capability to borrow. As education is for all the sections of a society, in the same way, doors of bad credit student loans and its benedictions are opened for all financial categorical persons. The bad credit student loans finance the entire expenses like admission fees, accommodation fees, buying of books, computer and such. Both the method of approval and repayments are simple, as there are options for the applicants to reimburse the loan amount after six months of approval or completion of the course. Since the bad credit student loans are meant to aid students and rationalize the credit burden, so keeping in mind this specific issue the interest rates are calculated in a reasonable manner making if affordable for all to payback. Applicants as their economical score are all uncertain and weak so they so do a little bit of exercise for a marginal interest rate by contrasting the quotes of different lenders.
Approvals of bad credit student loans can be geared up with the assistance online. Take the advantages of the fast and instant result provider and fill the online application form and borrow the loan without any delay. Bad credit student loans with its rational and manifold policies can make the way to restore and rebuild the bad credit score towards a strong financial condition.
–house.blogspot.com/2008/03/private-student-loans.html
OMG what garbage answers you’ve received so far. The fact is Yes! there are companies that can help you but it really depends on how bad your credit is. I know because I, too, have bad credit after getting laid off due to the recession (thanks, Bush!) and had to return to school. Here is are some banks/companies that help students in our situation, give them a try the worse that can happen is they deny it but you’ll never know if you don’t try. Also try to look into work study or anything else you can find.
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P.S. The lendor will also take into consideration what program or degree you’re applying for. I’m going to school to be an RN and so I’ll be making a good salary after I graduate, and the lendor took that into consideration.
What’s the objection to subsidized student loans?? The Stafford and Perkins programs are available to all students and you should be eligible.
If you insist on a private loan, and you don’t have a co-signer, then about the only option to you is whatever bank or credit union you already do business with. But your bad credit is going to limit you; probably only secure money for a couple semesters.
After that, it’s work and save…