Plain Green Loans Private Student Loan - No Cosigner

Sometimes students are put into a position where they can't get a private loan to pay for college because of bad credit.

In this case, the only sort of loan available to them is a private student loan no cosigner? If you are willing to pay the price, there are plenty of no credit check student funding available if you look around online - you just need to know how to find them.

Before looking at this type of loan, consider the following:

1. You have received the maximum amount of federal student loan aid
2. You have exhausted all student grant and scholarship options
3. You have a part time job
4. You don't have a cosigner and you have no credit or bad credit.

If you answered yes to the above, then read on.

There are two types of funding for students you can apply for: federal funding and private loan funding. Federal funding has two different plain green loans money lenders not brokers funding - Perkins and Stafford loan. These loans are no cosigner, no credit check, deferred loans. In a nutshell that means you get a fantastic deal as a student. Even if you have very bad credit history, you can still qualify for one of these loans. The interest rate on federal loans is very low as well and it doesn't matter whether you have good credit or bad credit, all students get the same rate.

Now federal funding can often prove inefficient to pay for the full costs of your college education. If this is the case then you will have to seek out private student plain green loans you can get money through loans funding. The thing about private loans is that they are credit-based plain green loans direct installment lending. A credit check is required. If you want to get private student loans no cosigner, you are going to either have to have good credit history or a cosigner. It may be possible to get private funding with bad credit and no cosigner, but the chances of a reputable private lender granting you such a loan are slim. If a lender does give you a private loan no cosigner, expect to pay more in higher interest rates.