A few days ago
Farah J

I got conditional approved for a student loan, what does this mean?

I got conditional approved for a student loan, what does this mean?

Top 2 Answers
A few days ago
williamdefalco

Favorite Answer

You either need to provide more proof, such as income verification, or that some past debt/issue has been resolved if somehow it ended up in collections. In my current banking career these are usually the two prominent reasons for conditional approvals. Sometimes they also might want the past 12 months worth of your banking statements to prove that you’ve maintained it in good standing. Call the loan phone number of the institution that’s going to be giving you this student loan and please make sure of what it is they might need. Good luck.
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A few days ago
Becky J
Usually they will just verify information or need some other questions answered
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