Good credit is only one part of getting private loans. You also have to have sufficient income and/or collateral to get private loans. Does your sister have sufficient income to get these loans in her name? Or just a good credit score…which is not going to get her qualified for a loan.
OR are you saying your sister is going to take the federally funded student loans in her name and give the money to you? OR are you saying that you are going to have your parents take the Plus for your sister…and give the money to you?
Please clarify.
If your sister is a college student, does she also have a full time job, or a part time one with a great income? If not, don’t be surprised if she doesn’t qualify for private loans. Banks and lending institutions are not in the business of giving loans to people without sufficient resources to pay them back.
@BelknapPoint anything I missed?