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What else can I help you with?
What is a tradline?
any credit line that you have- credit card, car loan, mortgage and student 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 your child get a student loan if you have bad credit?
NO
What are some common student loan questions that students should be aware of?
Some common student loan questions students should be aware of include: How much do I need to borrow? What is the interest rate? When do I need to start repaying the loan? What are the repayment options? How will the loan impact my credit score?
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 is a tradline?
any credit line that you have- credit card, car loan, mortgage and student loan
Do you need to have a certain credit store to get a personal loan from your bank?
No, as long as you have some form of credit line and your credit is good, you should have no problem getting a loan. Credit sources can be from any major credit card, store credit card or even paying back your student loans.
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 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.
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.
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?
where can I get a student loan that has no credit and parents dont qualify for a loan and I have gotten all federal loans
Can a student get a loan without credit?
yes
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
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
What are some common student loan questions that students should be aware of?
Some common student loan questions students should be aware of include: How much do I need to borrow? What is the interest rate? When do I need to start repaying the loan? What are the repayment options? How will the loan impact my credit score?
If cosigners for student loan miss a mortgage payment will this affect student loan?
As long as loan stays current, credit & other obligations irrelevant.
