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Federal student loans don’t require a co-signer and some don’t even require a credit check. That isn’t the case with most private student loans. Requirements for private student loans will ...
Here's the basic information you'll need to know.Image credit: Getty Images. The answer depends on the type of loan you qualify to get and a host of other financial factors. Here's the basic ...
Invest in your kid's future, but don't jeopardize your own.
When you think about getting a student loan, you might not consider going through a bank. As of 2024, only 8.84% of student loan debt belongs to private lenders, while the rest is federal. However,...
Private student loan programs generally issue loans based on the credit history of the applicant and any applicable cosigner, co-endorser or coborrower. [9] Students may find that their families have too much income or too many assets to qualify for federal aid, but lack sufficient assets and income to pay for school without assistance. [ 10 ]
These loans typically have low interest rates and do not require a credit check or any other sort of collateral. Student loans provide a wide variety of deferment plans, as well as extended repayment terms, making it easier for students to select payment methods that reflect their financial situation.
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