WebApr 6, 2024 · Having bad credit or no credit doesn’t mean you can’t get a student loan: Federal student loans for undergraduates don’t consider credit in the application process. They do have... WebWhether or not you need a credit score and established credit history depends on what type of loan you’d like to apply for. There are two types of student loans you can apply for: private and federal. You don’t need a credit score for a federal loan, but you will need a good credit score in order to get a private loan.

Do You Need Good Credit to Get a Student Loan?

WebMar 21, 2024 · Student loans offer financial support for students who would otherwise be unable to attend college. You do not need a credit history to receive a student loan. Student loans often have lower interest rates than private loans. Fixed interest rates prevent the terms of a loan from changing over time. WebAug 17, 2024 · You can get a private student loan without a parent, as well, but there’s a pretty big catch. Private student loans generally require a creditworthy cosigner, but the cosigner does not need to be your parents. Someone else with a good or excellent credit score can cosign the loan. huang di nei jing ling shu pdf

8 Student Loans for Bad Credit or No Credit - NerdWallet

WebMar 21, 2024 · All of your student loans can affect your credit. But you don’t need good credit to take out a student loan in the first place. For federal loans: Most types of … WebNov 20, 2024 · In most cases, you need good or excellent credit to qualify for student loan refinancing. Lenders’ minimum credit score … WebApr 26, 2024 · Good news on this. While you do need more than a minimum credit score for private student loans, there is no credit check when you apply for federal student loans. If you are applying for federal student loans, you do not need to worry about having a minimum credit score. You don’t even need to worry about having a credit … huang deborah l md