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Because the U.S. Department of Education doesn’t run a credit check as part of the application process, borrowers with bad credit can still consolidate their student loans, says Tate Law.
If you have bad credit, federal student loans are a great place to start. Except for federal Direct PLUS loans, student loans provided by the federal government do not involve a credit check.
Student loans are a huge news story in the United States -- and for good reason. Americans currently hold a staggering $1.77 trillion in federal and private student loan debt. This burden is not...
If you have bad credit, you may be motivated to refinance your student loans to lower monthly payments. However, many lenders require a minimum credit score in the mid-to-high 600s.
Experian explains ways student loan debt can impact a credit profile and other ways to build credit as a college student. ... consider asking a parent or other loved one with good credit to co ...
These loans place the debt in the parent’s name, with the liability on them. The terms of the loan are clear from the start, and this may work well if all goes as planned.
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