Can you get private student loans for bad credit record students?

Author	Message
Written on: 10.11.2009 [06:27]
Lennon Lennon Topic creator Posts: 4	I ran up credit card debts when I was still at college, and now that I'm studying I need to get financial support despite my previous record. Can you get private student loans for bad credit record holders? Or will my old record damage my chances?
Written on: 15.11.2009 [21:36]
Aaron Aaron Posts: 9	Any poor credit on your credit record will damage your chances. It doesn't necessarily mean you can't get any funding, but you'll probably have worse terms for interest and repayments... There are a lot of companies who do offer this kind of loan, but you should definitely shop around. Some are fairer than others, and some will give you the benefit of the doubt if your previous 'bad behaviour' was a long time ago. Again, they won't give you regular terms, but they won't cast you into outer darkness!
Also very interesting: Can I arrange a poor credit car finance deal? How should I finance my car with bad credit scoring? Can I get a credit card? No credit history! Looking for personal loans (blacklisted client friendly) Has anyone found a good bad credit motorcycle finance deal? When arranging finance loans: bad credit always an issue? Effect on application for debit cards for bad credit household? Can you really get good deals on finance on bad credit offer sites? Can you mix bad credit & debit cards? How should a debtor finance bad credit rating loans?
Written on: 25.11.2009 [14:29]
Payam Payam Posts: 2	Stay away from them, loans that are targeted at people with bad credit history are like loansharks!!! They just love to devour young people who are unlucky with money. Plus student loans are huge, can you really afford to be taking out such a loan if you have been careless in the past?