Bad credit college loan ?
I want to take a fifth course this semester (Auditing) because it's a very
important class to my major even though I will still graduate without taking
the class.
However when I applied for a private loan with my brother as cosigner I was
approved, but the amount was only sufficient to cover the costs of regular
tuition (4 classes).
I am now $700 short of taking this fifth class which I desperately want to
take. I cannot get approved for loans on my own because I have bad credit.
Is there any loan place for bad credit customers where I can get this $700
loan? Any suggestions?
Who prevented you from borrowing the full amount? Was it the school or the
lender you are borrowing the money from? Also, might help to know what type
of educational loan you are borrowing.
Most educational loans require the school to certify the loan and prevent
you from borrowing beyond the total Cost of Attendance budget they have set
up for you.
The best advice would still be to contact the financial aid office at your
school for viable solutions though.