Well #1 – can I even GET the loan for college?
I’m young, I have the “D” credit rating, credit measure of 608, 4 credit lines open with $3000 revolving – no derelict accounts or longed for payments, etc… though additionally no cosigner…
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Well #1 – can I even GET the loan for college?
I’m young, I have the “D” credit rating, credit measure of 608, 4 credit lines open with $3000 revolving – no derelict accounts or longed for payments, etc… though additionally no cosigner…
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IDK— but can you go through the college for the loan. Ask the school for infor on a Stafford loan…..do they still have the work study program in college now>?
A federal loan is your best option. Try to avoid private loan companies. The private loans have the same bankruptcy protections as federal loans but have more freedom when charging you interest – which means you pay a much higher interest rate with those.
One great way to save money and reduce the amount of loans you have to take is to go to a local technical college and get some of your pre-reqs out of the way (English 101 etc). Then transfer to the 4 year school of your choice for the last two years. Just make sure to speak with the Tech school and 4 year school to see what will transfer. In my area, most things transer but some of the foreign language classes do not.
You might want to try citifinancial or chase.