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Maria1

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Can I get private student loans without any cosigner ?

I have applied for federal student loans but unfortunately I couldn’t get that. I desperately need a financial assistance because I want to complete my study. Now I am finding no one as my helper. I couldn’t go for private student loans because I have no cosigner with me. What I do? Suggest me any alternative way to get loans. Or is it possible to get private student loans without cosigner?

Posted 171 days ago

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Rasi15 		It sounds good that you are desperate to complete your education. I think you are meritorious boy. God bless you. I think you should go for private student loans. Private student loans are provided by private lenders. Generally private lenders dont approve loan without any cosigner but looking the problem of increasing the proportion of bad credit people, they have decide to provide the private student loans without cosigner but they have some requirement which you have to follow Like borrower must have good credit history if he is not presenting any cosigner.

One other bad thing related with this is, it has high rate of interest then the traditional student loans and the repayment option is also different. But at this time this is good for you. Right now you take this loan and then go for some repayment consolidation so that you can easily repay back the loan.

171 days ago

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