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Answered 2011-09-13 00:19:53

i actually worked for sallie Mae as a student loan consultant. It depends on the type of loan that you are looking for. they all vary from loan to loan.

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Do you need a job to get a credit card?

Normally you need a source of income to get a credit card. Some credit issuers, though, will issue a credit card to a college student based on his parents' credit record; this is done with the parents' permission, usually with the condition that the parents are responsible for any delinquent balances. (This helps the student establish a credit rating, with the risk of the student demolishing the parents' rating.)


Does home foreclosure effect ability to get student loan?

In the US, no your eligibility for student loans is not dependant on credit or income.


What information is required to apply for Visa student credit cards?

Usually, one will need to provide one's bank details, evidence of income and proof of address. The application may be subject to a credit scoring check.


Where can a student get a credit card?

If you are a student and you are seeking to get a credit card, you may need to check with your bank for more information. If you have an account, steady income and can pay your bills on time, you may be qualified.


Does Sallie Mae student loans have good interest rates?

Sallie Mae student loans offer good interest rates for students but as with any loan you should plan on repaying the loan in the shortest period possible. You need to carefully consider the amount you need to borrow as well as the percentage of your future income that will be devoted to the repayment of the loan. Begin repaying your loan as soon as possible, Sallie Mae offers several repayment programs, each with a different cost to you.


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What is the income tax credit for a child?

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