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This answer depends on specific details... but assuming

- your a full time student (12 credit hours/semester)- Going to a University (not a beauty school, or certain trade schools)

And the FAFSA does not give you any free federal money

(NOTE EVERYONE HAS TO FILL OUT THE FAFSA, even if your rich and you know you won't get a dime - you still have to do it)

You can qualify for a Stafford Loan

Stafford Loans are guarenteed, very low interest rates, and payment plans start 6 months after you graduate on most occasions. You may want to 'Google' Stafford Loanand also

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โˆ™ 2013-02-28 00:27:50
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Q: If the student has no prior credit history will he or she still be able to take out a student loan?
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Are student loans reported on credit history if still a student?


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.

What if you have bad credit because of bills not credit card debts?

It is still bad credit history.

What is the lowest grade a student can receive and still get a credit for the course?

A "D". A "F" means you failed and get no credit.

How do you get credit card with bad credit?

If you have a bad credit history, you can still avail of credit card applications. It depends on the company. Sometimes, you have to fix your credit card history before you can apply for a new one.

How do you get a credit card with no credit history?

There are available credit card companies that offer a chance for people to have credit cards even though they don't have a credit card history. Even people who have a bad credit card history can still be a candidate for the application. Though it will be harder for one to get his/her application granted.

If you are a secondary card holder yet you have been the only user of that credit card does it mean you still have no credit history?

If you are on the account your are building a credit history, hopefully a good one.

Will paying of a student loan improve credit score?

Yes. But if you were in arrears, that still shows.

If an account was included in a Ch 7 bankruptcy can the account's history of late payments still be listed on the credit report?

Yes, your payment history will still be a part of your credit report as well as the Chapter 7.

If you have bad credit due are you still eligible for student loans?

It depends on how old you are, and if this is your first degree. In the UK if you are a school leaver and you have some bad credit you would be entitled to a student loan. However if you are a mature student they may not grant you one.

How do I get an unsecured credit card?

Even if you have bad credit, you can still often find an easy credit card to qualify for. Depending on whether you have a poor credit history, or just no credit.

If you have good credit history with some credit cards will they still show that on your credit report and that you paid on time after filing chapter 7?

It depend on the individual credit card companies if they report on your credit history or not, like some department store credit cards may not show on a credit report

Are any private student loans still considered government loans?

No, by definition, private student loans are not government student loans. Federal student loans are guaranteed by the US, govt, and the govt sets the interest rates and determine the policies around loan limits and repayment. Private student loans are provided by banks, credit unions and other financial institutions such as Sallie Mae. Because they are not guaranteed, they are much higher risk to the lenders, so they are typically credit based. This means interest rates are variable, and determined by the borrower's credit history. Because most student's haven't had a change to acquire good credit, having a co-signer with good credit almost always improves the interest rate. Banks don't have any collateral for student loans.

If i you have bad credit can my kid still get a student loan?

Yes, your kid can apply for financial aid themselves, even if they have no credit or bad credit. Federal financial aid does not look at credit rating or employment status.

Can a student still play college sports even after they have tried out for a professional team prior to college enrollment?

yes they can

Can you still apply a credit card if you have bad credit card history from other country Is there an international bad credit tracking history?

Absolutely. Anyone can APPLY anytime they want. If you've had credit in the past, someone's tracked your financial behavior. It's out there - following you.

How will student loans affect your credit?

OK, I cannot agree. I have about $39,000 in student loans and before I was in repayment period my loans showed up on my credit report but showed deferred status with a date. I have now graduated and I still have a six month grace period. Your student loans are still factored into your overall credit score and they affect your credit score negatively only if they are not paid on time.AnswerNOT MUCH, AS LONG AS YOU PAY YOUR STUDENT LOANS ON-TIME AFTER YOUR GRACE PERIOD (WHILE ATTENDING COLLEGE) THEN YOU SHOULD BE FINE. If you're still a student, student loans do not show up on a credit report at all. They only appear after you have graduated, withdrawn, dropped-out, etc. and the repayment starts.11/01/2010 I will have to disagree with the above answer. Student loans show up on your credit report before you graduate-how do I know this?-Well because I am a student with loans and those loans have showed up on my credit report under "deferred"-they have actually helped my credit score, BUT they will HURT it if and ONLY IF, when it is time to repay I default. I agree with the 1st answer and not the 2nd. Maybe times have changed since the 2nd person answered this question or even has knowledge of the credit score system in conjunction with student loans. These are government backed up student loans that I am referring to, NOT bank student loans.

Does bankruptcy eradicate credit card debt?

NO... the debt remains on file with the creditor. If you apply for credit at a later date (after the bankruptcy has been resolved) - your history will still be available to anyone who does a credit search on your name. Creditors can still come after you for their money if you re-start a credit account.

Can I get a credit card without any credit history?

You can get a credit card starting out with a small limit. If that still doesn't work look at getting a pre paid credit card to build credit. Bill payments on utilities are a great way to build credit.

How do you build up credit history?

Your credit history is simply the period of time you have had open lines of credit. Say you had five credit cards and you kept them each for exactly one year and then closed each of them. You would have five credit years of history but most scoring systems would see that as one year of credit history. If you had one credit card account for one year and another for the subsequent year and so on for five years, you would also have five years of credit history, but, again, scoring systems would still see that as (more or less) one year of credit history. Now, if you had one credit card for five years, then the scoring systems would definitely see that as five yeas of credit history. So, creditors and scoring systems look at how long you have maintained each line of credit and the longer the better.

What are the average interest rates for student loans?

Most student loans are interest free when you are still attending college, then increase from there. It really depends on your credit score to what interest rates you qualify for.

What grade level of college are you with 46 hours?

Consider that a full time student takes a minimum of 12 credit hours per semester, with minimum two semesters per year. That equals 24 credit hours per year, 48 in two years. So, a college student with 46 credit hours is still a sophomore. A different perspective puts a 46 hour student as a Junior (30-50 credit hours).

Child is 18 can you get earned income credit for her?

Check It probably depends on whether she is still a full time student and is your dependent.

How can one get a mortgage with bad credit history?

Although having a good credit history is better when applying for a mortgage it is possible to still get a mortgage with a bad credit history. When getting a mortgage with a bad credit history, one will have to pay a higher interest rate. Show the mortgage lender that you have a good job that will cover your mortgage. If you eliminate all other debt it looks better to the lender and gives one a better chance at getting approved.

How one's credit history is established or affected in the US if one only has credit cards as a secondary authorized user only?

It still helps your credit and will make you more likely to be approved by those same companies for your own credit card.

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