0
If you have accumulated bad credit while in college can you be denied financial aid?
Wiki User
∙ 16y ago
You can be denied private loans, and grad plus loans for late payments on your credit history.
If you default on a federal student loan, you will lose eligibility for all federal financial aid (including grants).
Wiki User
∙ 16y ago
Add your answer:
Earn +20 pts
What are some bad credit lenders?
A couple of bad credit lenders who typically loan to people denied by traditional banks are AmeriCash and Downs Financial.
Are felons denied for credit?
Felons are not automatically denied for credit solely because of their criminal record. Credit decisions are based on several factors, including credit history, income, and debt-to-income ratio. However, having a felony conviction can make it more challenging to qualify for credit, especially if it has impacted their financial situation or creditworthiness.
How can you get denied for a secured credit card Is it not your money?
Financial institutions have their guidelines for extending credit - whether secured or unsecured. They are not required to extend these products to persons not meeting their guidelines.
If denied credit before eighteen does it affect your credit after you turn of age?
No. You were denied credit because 18-year olds cannot legally enter into a contract.
How do you use the Federal Equal Credit Opportunity Act now?
The Equal Credit Opportunity Act (ECOA) was passed in 1974 and ammended in 1976. You dont "use" the ECOA per se unless you feel that you were denied credit in some form and that denial was based on something that the ECOA says you may not be denied for. Most reputable financial institutions and creditors follow the ECOA.
Does being denied for credit lower your credit score?
Yes. It is reported on your credit report.
Are denied credit card applications shown in credit reports?
YES
Will your last name show misspelled in your credit reports if you misspelled your last name in a credit card application but the application was denied?
If your credit card application was denied, you do not have a credit card. You are not in the credit company's system. Therefore, you will not receive a report.
If you're 22 and a senior in college with no credit history and no job what is the best way to get a credit card if you were denied for a Citibank student card?
Have a parent or adult w/credit history co-sign on a credit card in your name. Also start to put utilities in your name when possible.
When are the consumers entitled to a free credit report from a credit bureau?
When you have been denied credit or annually.
3 reasons for denied credit Illegally?
because ..
Can you be denied unemployment benefits if you have bad credit?
In the UK, no.
