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How do you get a student loan with no credit?

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βˆ™ 2007-06-16 11:51:33

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Your Credit status helps you to get approved your loans in a very fast and easy manner. However if you are not having a good credit status don't feel defeated. There are lots of organizations working for students to help them complete there education without a Hitch. You can find good free resources and help to get yourstudent loan from http://www.abcofstudentloans.com. they offer free services to students. You can also findalternates to a loan for full details please visit - http://www.abcofstudentloan.com/Finding-free-money.php in case you need some professional help just fill a short form on the site, and they will call you.

2007-06-16 11:51:33
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Related Questions

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.


How does deferring a student loan affect credit rating?

Generally a student loan does not affect your credit rating


Does a parent's credit score affect student loan?

If the student loan is taken out in the name of the student then no. The student's credit score is separate from anyone else's. If the student loan is taken out in the name of the parent or with them as cosigner then yes - their credit scores would come into play.


What is a tradline?

any credit line that you have- credit card, car loan, mortgage and student loan


Can a student get a loan with bad credit history?

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Can a student get a loan without credit?

yes


Do you have to have good credit to get a student loan?

Probably not


Can your child get a student loan if you have bad credit?

NO


How can you get a student loan with a poor credit record?

Gosh, when I was going to school, you could get a student loan independent of having good credit (thank God). The rules may have changed since the early 90s when I was in school, but I think the point of the student loan program is that you can get a loan without a credit check!


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.


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


If cosigners for student loan miss a mortgage payment will this affect student loan?

As long as loan stays current, credit & other obligations irrelevant.


Does Sallie Mae base a student loan on income to debt credit and how much do people usually get on a student loan from them?

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.


Can you get a student loan without a co-signer if you have bad credit?

Yes, there are a number of student loan options for those who can't get anyone to cosign and those who have bad credit. One option is a federal loan.


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?


How does a student loan forbearance affect your credit score?

A loan in forbearance permits a student to temporarily postpone their federal student loan payments. Or, the forbearance temporarily reduces the amount the student pays. Your students loans may show up on your credit report while in repayment status or out of deferment.


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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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.


Does the government look at your credit report before approving a student loan?

Depends on what type of student loan. If it's a Stafford, no. If it's a PLUS loan, yes.


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.


Can a student get a private loan without credit or a cosigner?

It is very hard to obtain a private loan without credit or a co-signer. If you have collateral such as a vehicle/boat, then you may be able to obtain a secured loan from a credit union. Try building credit with a secured card or a student visa with a low limit before attempting to get a loan.


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 a spouse with good credit cosign a student loan for their spouse with bad credit?

That is decided by the LENDER.


If your student loan was in default but you are in a rehab program that will make your loan current once finished how much will your score increase?

The Student Loan GUY @ http://www.studentloanfundamentals.com Your Student Loan will become "Current" on your credit report. Now figuring out the score is hard because it depends on the rest of your financial situation. It depends on what you have on the credit report.


How do you get a student loan with fair credit and no cosigner?

I have had a lot of experience with private student loans that are non-certified (they do not have to go thru your school to get approved). Next Student has a bit more lenient credit guidelines than many other private student loan companies. You might also try Sallie Mae Tuition Answer Loan. Other loan companies that participate with "fair" credit are American General and Citifinancial. Good Luck!