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Where can you find a student loan if you have bad credit?

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Answered 2008-10-15 14:58:13

The rising costs of college tuition have made it almost a necessity to apply for a student loan today. Students not only have tuition costs, but the cost of books, meals, gas, cell phones, recreation, etc. The variety of student loans enables students to take care of their varying college expenses. A student loan however, is a loan that must be repaid under specified circumstances.

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no you do have to have a cosigner with good credit in order to get a student loan.


yes no maybe so depends on bad your credit actually is


You can find a bad credit home loan at homecredit.com


You can begin accomplishing this by the following: www.charterone.com , www.speedybadcreditloans.com/bad-credit-student-loan.html, and talk.collegeconfidential.com .


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.


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.


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.


One can find an equity loan for bad credit in a wide variety of places. An equity loan for bad credit can be attained at a local bank or visiting sites such as Alpine Credit.


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.



Find a co-signer with good credit. The whole point of having a co-signer is that their credit history is good enough to cover whatever gaps you have (no credit, poor credit, etc.) No one will grant a loan with a bad co-signer.


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.


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.



Yes, you can get Bad Credit Loan.



They are directly determined by the amount of existing credit a person has, and the score of that credit. If a person has bad credit, they will need to find a person (typically their parent) to co-sign the loan. The co-signer assumes responsibility for the loan if it is not paid by the person who originally takes out the loan.


It will be hard to get a loan when you have bad credit. However, if you already have a loan and have bad credit on other things such as credit cards, then keeping your payments current on your loan can help improve your bad credit over time.


Government student loans. Some companies also offer contracts to those with bad credit, but the interest is much much higher.


It is tough to get a home loan with bad credit, however you may be able to get a home loan with a higher interest rate. It will also be easier if you can find a cosignor.


You be able to get an auto loan if you have bad credit depending on the loan provider. Some loan agencies claim to fame is not checking your credit score. You may have to search many places and find a good loaner.


How do I get a personal loan for people with bad credit?


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.


In the US, the only way to get a co-signer off your student loan is to pay off the loan perhaps by consolidating the loan.


Get a copy of your credit report, it will have the company listed that you had the loan through.



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