There are also certain
private student loans for bad credit available for borrowers but only if you apply with a co-signer who has excellent credit, such as a parent or other relative.
Plus, some have a more flexible application process and even offer
private student loans for bad credit.
Finding
private student loans for bad credit is about as difficult as finding water in the Mojave Desert.
However, many borrowers require
private student loans for bad credit.
Not exact matches
In fact, many
students apply
for bad credit student loans from
private lenders...
Parents with
bad credit can also apply
for a
private student loan.
In whatever manner it happens, though, being in default on a
private student loan can be
bad news
for your
credit and finances.
Can I get a
private student loan for living expenses with
bad credit and grad school?
Most parents will do anything to help their children get a good education and succeed in life, and that may eventually mean getting approved
for private student loans with
bad credit.
Borrowers with little
credit history or
bad credit scores often need cosigners in order to qualify
for private student loans.
If you don't have someone able to cosign
for you, you probably won't be able to get a
private student loan if you have
bad credit.
Some
private lenders target college
student loans, even
student loans for bad credit.
While getting a
private student loan with
bad credit does not require a source of income (until actual graduation), applicants
for consolidation need to have a proven source of income.
These
students stand a good chance of getting a
student loan for those with
bad credit, regardless of
credit standing, from
private lenders.
Many
students don't qualify
for private loans on their own because they don't have a
credit history, or they have
bad credit.