is it true that if you apply for student loans several times it hurts you? i need a student loan, but don't qualify cuz i don't have the greatest credit and the only person who is willing to co-sign for me also doesn't have the greatest credit. what can i do to get a student loan? i heard you need a credit score of at least 700 to qualify for ALL loans, no matter what. am i just out of luck?
Private student loan issues?
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Reply:Check with your local financial aid office. as a rule every time your credit is pulled your credit will get dinged by about 3 points. You will gain those points back once credit has not been pulled over time. Federal Financial aid is not based on credit scores. Self loans are, so check for Pell grants ect.
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