Very complicated financial situation..

PRQuin
Sun, 09 Oct 2011 15:11:28 +0000

Not to be a downer here, but I honestly doubt you will be able to get private loans on your own - I have a good credit score for being 20 (mid 700’s), pay for all my own living expenses (so banks see I pay rent, util, etc all on time) , and pay for all my own school expenses…but I don’t get any Fin Aid because my family income is very high… When I applied for private loans, I couldn’t get it without a cosigner. Guess what? Even with my dad co-signing, since he makes a low yearly salary, STILL couldn’t get it with his 40+ years of solid credit (He’s 58 now). Only when ME, My dad, and My step mom with a high salary all signed would they give a private loan to me…SO I would just caution in betting on getting one yourself. (oh, but I was picky and refused to get any Sallie Mae loans, Idk about them)