A few days ago
Are private student loans relatively easy to get as long as you are enrolled/accepted at a college?
Since the repayment doesnt start till 6 months after graduation, I would assume it’s easy to get the loan, am I right on this?
My worst nightmare is to get accepted into a school and not have the private student loan accepted.
Top 4 Answers
A few days ago
Favorite Answer
Private loans are credit based loans, so as long as you have good credit your good. Why do you need private loans though? I would recommend looking into different schools tuition costs, you do not want to be just starting out in your career owing $60,000 in student loans.
Have you filled out your FAFSA? If not I would recommend doing that before a private loan, the interest rates are much lower.
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4 years ago
inner maximum student loans often count on the credit status. in case you or your mothers and dads have solid credit then you definately are extra possibly to get authorized. especially situations in case you haven’t any longer have been given generic credit or solid credit then you definately could be asked to get a co-signer.
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A few days ago
No, atleast not for me..you have to have good credit and your parents have to co-sign. My parents refused to co-sign for mine and I finally found one that didnt require a co-signer but the interest level was ridiculous 12%
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A few days ago
Having just gone through the loops, I’d have to say it wasn’t that difficult – a bit of paperwork and you’re set :o)
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