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What website could you go to for a student loan with bad credit and no cosigner?
Wiki User
∙ 15y ago
Here is advice: * You can't. You must at least have a job. They can get around credit and debt. * I would refinance student loans first. If they are federal, ask for a deferment due to unemployment. Federal student loans have lower interest rates than any unsecured loan someone will give you in your situation. Call bill companies and try to work out a payment plan, let them know you are in a difficult financial situation. I doubt you can find a loan. Try to get a job, save up a few paystubs, and then go to one of those Cash Advance Places where you write them a check and they cash it later. Their interest rates are high though. They will report positive information to the credit bureaus if you pay them on time. And as soon as you pay them off, they
Wiki User
∙ 15y ago
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How To Get Student Loans Without a Cosigner?
If you have been looking for ways to pay for college, you have probably thought about taking out a few student loans. However, you might have found that a lot of student loans require that you have either a high credit score or a cosigner. If you don't have credit or if your credit is bad and if you don't know anyone who is willing to cosign with you for a student loan, you might be unsure of if you will ever be able to pay for college. Fortunately, there are ways to get student loans without a cosigner. First of all, you should consider talking to a financial aid adviser about taking out a federal student loan. Federal student loans allow students to borrow money for school without a cosigner, and they do not even look at your credit score, which means you will still qualify if you have bad credit or if you don't have credit at all. Along with applying for student loans, you can also apply for federal grants. Just like loans, these grants will provide you with the money that you need to pay for college, but you won't have to worry about paying them back in the future. Secondly, you could consider working on your credit score so that you won't need a cosigner in order to get a student loan. Although you might think it will be impossible to boost your credit score, it might be easier than you think. By getting a cell phone or cable bill in your name and paying it on time or getting a credit card and using and paying for it responsibly, you can boost your credit score, and this can help you qualify for student loans without the need for a cosigner. Lastly, you can consider looking for student loans that will allow students with bad credit to apply, even without a cosigner. Although this might be more difficult, a little patience might help you find a lender who is actually willing to give you a chance.
Where could you get a student loan if you do not have a cosigner no credit and make minimum wage?
All you have to do is enroll in school and fill out a Free Aplication for Federal Student Aid (FAFSA) form. You can do this online at www.fafsa.ed.gov or ask your school's financial aid department for help.
Where can one get a student loan if they have bad credit?
You need to talk to your school's financial aid office. They can help you with this much better than an answer on this website could.
Can you tak a loan for your study?
Yes. If you are under 18 you will need a cosigner. This could be your parent or another relative with good credit.
Is a cosigner responsible to pay a credit card debt if the credit card limits are increased from what was originally cosigned?
The creditor would likely claim the cosigner is still responsible, but unless it is in the original agreement that such increases are part of the contract the cosigner could make a case for being relieved of the responsibility or only being responsible for the origninally quoted amount.
Would they check the applicant of outstanding credit Cosigning credit card for applicant with bad credit?
Yes. Only in this manner can they ascertain that the cosigner is credit worthy as claimed. Everything must be verified beyond any shadow of a doubt. The cosigner needs to be well aware of the circumstances should the one they are signing for default on what is owed. If someone racks up $40,000 in credit, then doesn't pay, the cosigner is then FULLY responsible for the entire balance due, which could totally ruin their own credit rating. Just be very careful about what you are cosigning for and read ALL the fine print.
How long could a cosigner help you rebuild credit?
Co-signers and CreditA co-signer really doesn't help you build credit, because the loans are actually based on the credit of the co-signer and not you. Type this in Google..........How can I rebuild my credit? for information
If someone with good credit cosigns for someone with bad credit will the cosigner's score decrease much?
That is a variable, it could put you in a maxed out situation where you couldn't get a loan for yourself. You only have so much credit to use. Good Luck
I have bad credit and want to apply for a credit card I have a cosigner Where can I apply?
ITS not that I dont have bad credit, I want to know if I could get an larger amount on my card to buy a washing machine from you including delivery & taxes??
How can I get a home loan if I have bad credit?
Getting a home loan with bad credit is hard yet not impossible. Showing you are a responsible in paying off current debt could help. It is best to find a cosigner with good credit to seal the deal.
Should you pay student loan with line of credit?
I heard you can write off you student loan if you put it on your house/line of credit. But i thought you could do that anyway. Anyone know?
Where could someone go to look for private student loan consolidations?
To look for private student loan consolidations, on can go to the Student Aid website. The website has information about student loans, including how and where to consolidate them.
