Are you looking for ways to improve your study habits? Do you want better grades? StudyUp can help you study smarter. You get unlimited space to upload your notes. You can use StudyUp to search for, invite, and network with your Study Buddies. Live feeds give you instant updates when Buddies add notes! Best of - it's all FREE! Sign Up Today!
- Careers in Science
- Careers in Medicine
- Careers In Nursing
- Careers in Engineering
- Careers in Accounting
- Math Online
- Math Lessons
- Student Jobs
- Student Loans
- Student Accommodation
- Student Finance
- College Students
- High School Students
- International Students
- Student Houses
Join StudyUp.com Today
It's always free and anyone can join!Watch StudyUp Demo Video Now
Loans For Students With Bad Credit
Need Loans For Students With Bad Credit Study Help?
StudyUp can help improve your grades by enabling you to store all of your notes online, and network with other students - all for FREE!
Christian Said:Students loans with bad credit?
We Answered:You should just have ur dad co-sign or just pay 114 a month its not that much money u have a job right.
Nathan Said:CAN SOMEONE HELP ME FIND loans for college students with bad credit?
Here's the problem with your plan:
By your own admission, you have "bad credit". I'm assuming that means that you've borrowed some money in the past, probably credit card debt, and had some problems paying it all back. Maybe you were consistently late, maybe you've had charge offs - "bad credit" could mean anything, really, but it almost certainly means that your previous creditors wouldn't highly recommend you to student lenders.
That's a problem - and you know that's a problem - but you're not facing up to how much of a problem that is at this particular point in time.
I know you've read and heard about the worldwide banking and lending crisis. Right here in the US, some of our largest banks have needed to turn to the federal government for billion dollar bailouts. Why? Because they didn't take proper care of their money over the last few years.
They didn't leave it on the street corner or put it in a box somewhere and forget where they left it - they lent it - over and over again - to people with - let's say - 'bad credit', like you.
Instead of applying their traditional, conservative analysis to loan applications, the lenders got greedy, and lightened up on their standards. They made gazillions of dollars of housing loans to people who couldn't really afford the monthly payment - and they made lots and lots of easy student loans to people with no jobs, no assets, and spotty or non-existent credit histories.
It's way too little, and way too late, but guess what? The lenders finally remembered how they used to make loans. No more loans to people who don't present the traditional picture of a borrower who has a pretty darned good chance of actually paying the loan back.
Very few lenders are even MAKING student loans right now - all of the specialty lenders like Astrive and Campus Door and My Rich Uncle and Next Student all closed down shop, and abandoned the private loan marketplace.
You will not find a bad credit educational loan from a legitimate lender. In fact, if you had good credit, you'd have a hard time finding a private educational loan.
I realize that puts you on the spot, but your need and the bank's business model are two entirely different things. If you have a really outstanding cosigner candidate, you will be approved for this type of loan. If not, then you're just not going to be able to afford this particular school at this particular time. Your only options will be to take some time off and save, or choose a less expensive school that your federal aid will cover.
I'm sorry to sound harsh, but I'm being truthful. There are no bad credit education loans from legitimate lenders at the present time.
Good luck to you.
Wisata Pulau Pramuka said:
executing work in the field related to tourism reaches desperate wish excellent features. working function site is extremely appropriate i believe that an expert in the field of vacation and discretion.
Wisata Pulau Tidung said:
executing work in the field related to tourism is within desperate desire excellent capabilities. working function site is extremely appropriate in my opinion that an expert in the field of journey and enjoyment.
iMessage is one of the best instant messaging apps for your smartphone, but the main problem with this app is that you can only use this app on your iOS device.