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When you apply for a student loan you go through the college financial aid office. They will have you fill out a federal student aid form. The form is really centered on income and less on credit. If you are still living at home and supported by your parents they will be required to fill out an income section and attach tax forms. If you are older and living on your own you are considered independent and will answer the income and tax questions yourself. The result of this is a number that is generated and the college will use that number and subtracting the cost of attending the college come up with the amount of your student loan. In this process nothing is said about a credit report. If you want there is a web site you can go to by the federal student loan office and they have an online form.
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Can your child get a student loan if you have bad credit?
NO
Where can one with bad credit apply for a student loan?
The best place to apply for a student loan is through a company that services federal student loans. Otherwise, a few companies that specialize in student loans for those with bad credit include Education Connection and Better Loan Choice.
What happens with your student loan if both you and your cosigner have bad credit?
If you are getting a Federal Student Loan credit is not an issues. I just got a Federal Student loan and my credit is BAD!!! The thing is, is that it's a Federal Loan so you will always owe that money, even if you claim chapter 7 or 13. I was worried about that too, but I got one just fine.
Where can you get a bad credit loan?
Yes, you can get Bad Credit Loan.
Why is my student loan reporting a credit limit?
The credit limit is the initial amount of your student loan. It helps keep your student loan from skewing your debt to credit ratio which can lower your credit score and make it more difficult to get credit.
Can you get a student loan if you have bad credit as a student?
yes no maybe so depends on bad your credit actually is
Can a student get a loan with bad credit history?
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Can your child get a student loan if you have bad credit?
NO
Could I get I student loan if I have bad credit?
It is possible to get a student loan if you have bad credit, and it might be one of the few loans you can get fairly easily despite bad credit ratings. Beware though of companies trying to sell you bad, overpriced loan products.
Where can one with bad credit apply for a student loan?
The best place to apply for a student loan is through a company that services federal student loans. Otherwise, a few companies that specialize in student loans for those with bad credit include Education Connection and Better Loan Choice.
If you have bad credit and owe a lot on credit cards plus previous student loans can you get a new student loan approved?
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Can a spouse with good credit cosign a student loan for their spouse with bad credit?
That is decided by the LENDER.
What happens with your student loan if both you and your cosigner have bad credit?
If you are getting a Federal Student Loan credit is not an issues. I just got a Federal Student loan and my credit is BAD!!! The thing is, is that it's a Federal Loan so you will always owe that money, even if you claim chapter 7 or 13. I was worried about that too, but I got one just fine.
Where can a student get a student loan that has no credit bad credit and parents don't qualify as cosigner and gotten all federal loans I gualify for?
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Can you co sign a student loan with bad credit?
In the USA, if the student loan is Federal like a Stafford or Perkins loan, then yes you can cosign with bad credit. If the student loan is a private student loan, then no, you must have good credit. Keep in mind, you should never take out private student loans out until you have used up Federal loans, grants, and scholarships. Private student loans have high interest rates and no benefits.
Is it possible to get student loans with bad credit history?
There are different ways that you can still get a student loan even if you have a bad credit history. These include getting a co-signer for the loan or you could contact banks and lenders and explain your situation to them.
Can you get a loan for college having no co-signer and also having bad credit?
You could get a federal student loan.
