Posts tagged "bad credit student loans"

Are there any student loans for students with bad credit?

Charles Q asks: I am returning to school in the fall but am short quite a bit of money. I need a student loan to pay for the rest of the first year, but I have really bad credit due to poor decisions I made some years ago. Does anyone know of any places, programs, or banks that have a program for bad credit student loans? I’d appreciate any help you could give me.

Antioch College Running Out of Money, Closing in ’08

Antioch College in Yellow Springs Ohio is a privately funded college that was founded in 1852.  Over the years it has become known as a forward thinking College. A college that doesn’t score students, rather blends curriculum with hands on experience. In 2008, this college is closing it’s doors. Perhaps for good.

Their current plan is to stay closed for 4 years and reopen in 2012. But no one is holding their breath until they do.

Student Loans Lead to Credit Problems Later In Life!

Student Loans Lead To Credit Problems Later In Life

According to an article in the Motley Fool UK, having student loans early in life creates a belief in the student that debt is normal and expected throughout their life.

I would go as far as saying that the credit card companies play a big part in this also, loading students up with credit card debt early in life. This saddles them with payments for many, many years. Many are forced into bankruptcy.

No Credit Student Loans – Real or Ripoff?

No Credit Student Loans

Many parents and students with a poor credit history believe that a student loan is out of the question for them. Luckily that is not the case. Several Federal student loans consider only need or other factors, and ignore any credit history entirely, good or bad.

Cosigning For A Private Student Loan – Pro’s & Con’s

Cosigning For A Student Loan

Cosigning for a private student loan can be advantageous for the borrower or a pitfall for the cosigner. 

Private student loans are issued based on the borrowers credit. This means two things for those applying for a private student loan.

• The loan will be based on the borrowers credit score
• Normally, the better the credit score, the better the interest rate

What this means to you