What credit score is required to get graduate plus loans?
Sunday, September 13th, 2009 at
3:03 am
ainger452 asked:
I am having problems getting a graduate plus loan and would like to know if anyone knows what an acceptable score is. Thanks for your help. if possible with either access group or northstar.
I am having problems getting a graduate plus loan and would like to know if anyone knows what an acceptable score is. Thanks for your help. if possible with either access group or northstar.
Tagged with: Credit Score • Graduate Loan • Northstar
Filed under: Student Loans
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You don’t really need anything too high, but the higher your score, the better rate you are going to get on your interest rate. The credit scale runs from 300 to 850. The vast majority of people will have scores between 600 and 800. A score of 720 or higher will get you the most favorable interest rates on mortgages, which I assume is the same for education loans.
Not for Federal Plus Loans, but if your seek private onces you will. Check out Educational Credit Unions.