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Old 01-06-2012, 11:51 AM   #1
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Join Date: Aug 2011
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Anyone approved for Parent Plusw/Bankruptcy

A friend of mine applied for a parent plus loan and was approved even though her bankruptcy was less than 5 years ago. Has anyone been approved with a bankrupcty less than 5 years old? I'm starting to get nervous. My D graduates in May and will be a freshman in the fall. I'm afraid I won't be approved because of a prior bankruptcy. Other than the discharged bankruptcy 4 years ago, my credit is great. Please help? Anyone!
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Old 01-07-2012, 07:56 PM   #2
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If your friend was approved for a plus loan, why do you think you might not be? The plus loans are very lenient and you may be pleasantly surprised. When u apply it's either a yes or no and you find out instantly.
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Old 01-08-2012, 02:30 PM   #3
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My friend was accepted with a recent bankruptcy.
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Old 11-18-2012, 07:09 PM   #4
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Update: I was denied a parent plus loan because my bankruptcy was less than 5 years ago.
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Old 11-19-2012, 02:31 AM   #5
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Im sorry to hear that. Your daughter can get $4000 more in Stafford loans now because of it.
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