0
Yes.
Wiki User
∙ 14y ago
Add your answer:
Earn +20 pts
What most influences your credit score?
Paying your bills on time, repaying loans promptly
How can one acquire student loans with bad credit?
Federal student loans do not require credit checks in order to apply and receive finical aid. Private student loans from banks and credit unions require a strong credit score to get approved or a creditworthy co-signer.
What credit options are available from Pioneer Credit?
Pioneer Credit Union offers auto loans, mortgage loans, home equity loans, home equity lines of credit, student loans, personal loans and business loans.
Can student credit cards be used to repay loans?
Whether or not a you can repay loans with a credit card depnds on the policies of you debtors. You can pay some student loans with a credit card, if you are in default. However private lenders are under no obligation to accept credit card payments.
Do student loan payments help your credit score as much as a car loan would?
Yes. Both are installment loans and will build, or destroy, your credit score depending on how the debt is managed.
What companies offer private loans for students?
Some companies that offer international student loans are CIBC and RBC. Each will provide an agent that will sit down with the student and develop a plan for the loan and repaying it.
What most influences your credit score?
Paying your bills on time, repaying loans promptly
Am I eligible for alternative student loans?
Most private student loans applicants are required to have a cosigner, especially undergraduates or students who don'tt have a steady income or credit history. The cosigner is required to sign the loan document, but the student is the primary borrower. By signing, the cosigner agrees to be fully responsible for repaying the loan if the student does not fulfill his or her obligations.
What is one of the features of student loans?
Students don't have to begin repaying until they're done with school.
Is student loans badiies?
Student loans can show up as "baddies" on your credit report if they are paid late or in default. These loans are reported similar to revolving loans or lines of credit.
Will an auto repossession have an effect on your ability to get non-private student loans?
Student loans through FAFSA is not credit based so no it will not. Private student loans is a diffrent story, which is based on credit.
What is one of the features of most student loans?
Students don't have to begin repaying until they're done with school.
Can investing turn you bad score to a good credit score?
The way to turn your bad credit score into a good one is to build your credit back up. You do this by taking out small loans and repaying them quickly. Or by obtaining a credit card and using it sensible, paying it off every month.
How can one acquire student loans with bad credit?
Federal student loans do not require credit checks in order to apply and receive finical aid. Private student loans from banks and credit unions require a strong credit score to get approved or a creditworthy co-signer.
What credit options are available from Pioneer Credit?
Pioneer Credit Union offers auto loans, mortgage loans, home equity loans, home equity lines of credit, student loans, personal loans and business loans.
If you have a student loan that's deferred can you open another student loan?
Yes, you can. Students do this all the time. Technically, your student loans are are deferred until 6 months after you graduate or drop out of school at which time you will begin repaying all of the loans.
Are student loans reported on credit history if still a student?
yes
