Sunday, August 22, 2010

Student Loans?

I was wondering if Student Loans are easy to get. I don't have good credit at all and I'm looking into starting up my 2nd year in college. Will I need a cosigner with bad credit for a student loan?

Student Loans?
Are you talking about federal or private loans? Definitely try federal loans first, because they're meant to help students (i.e. bad credit/no credit, unemployed) and have the lowest rates. More info on federal loans here:


http://www.tuitionbids.com/student-loan-...





If you tried that already and still need more money, there are private loans, but if you don't have good credit and you're not employed, you will need a cosigner (especially if you're applying with a legitimate lender). The company I represent, http://www.tuitionbids.com, lets you apply to 6 accredited lenders with one application. You'll still need a cosigner, but at least you'll be killing 6 birds with 1 stone. Since the banks compete for business, you're more likely to get approved.


Good luck!
Reply:apply for federal student loans at http://fafsa.ed.gov


You do not need a cosigner or pass a credit check to get federal loans.


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