Wednesday, May 26, 2010

Does your credit have to be good in order to get a Student Loan?

Please discuss how good your credit have to be to get 60K for 4 years and start paying after the graduation?



Does your credit have to be good in order to get a Student Loan?

If you are getting a Private loan, then yes your credit does have to be in good order.



If you are getting a government loan, such as a Stafford Loan, or Perkins than no. They do not do credit checks. Parent Plus Loans do require credit checks though.

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