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Are private student loans relatively easy to get as long as you are enrolled/accepted at a college?


Asked by cichlid96
Since the repayment doesnt start till 6 months after graduation, I would assume it's easy to get the loan, am I right on this? My worst nightmare is to get accepted into a school and not have the private student loan accepted.

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Answered by Julene
Private loans are credit based loans, so as long as you have good credit your good. Why do you need private loans though? I would recommend looking into different schools tuition costs, you do not want to be just starting out in your career owing $60,000 in student loans. Have you filled out your FAFSA? If not I would recommend doing that before a private loan, the interest rates are much lower.

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