It is very rare to receive a private student loan without using a cosigner. Private student loans without a cosigner are only available to graduate and professional students or undergraduates with a well established credit history.
http://www.paymystudentloans.com/private-student-loans-without-cosigner/
2. Private Student Loans Without Cosigner
Private student loans without a cosigner are only
available to graduate and professional students or
undergraduates with a well established credit history.
3. PayMyStudentLoans.com
What is a credit score?
Banks use your credit score and
credit history to determine your
ability to handle your money.
Your credit score is determined
by analyzing five major
categories as shown
4. PayMyStudentLoans.com
Private Loan Options for Undergraduates
Many banks do offer the option of releasing your cosigner after graduation. To qualify for a
cosigner release, the borrower must successfully complete a specified number of payments
after graduation. The chart below lists a few loan options with a cosigner release program.
24 months of consecutive on-time principal and
Acumen Student Loans
interest payments
Charter One 36 months of consecutive on-time payments
Citizens Bank 36 months of consecutive on-time payments
12 months of consecutive on-time principal and
Commerce Bank and Sallie Mae
interest payments
Sun Trust Education Loans 48 months of consecutive on-time payments
5. PayMyStudentLoans.com
Private Loan Options for Graduate and Professional Students
Charter One TruFit Student Commerce Bank and Sallie
Sun Trust
Loan Mae
•Fixed rate as low as 5.75 •Variable interest rates from •Competitive interest rates
percent 2.25 to 9.37 percent •Minimum loan amount is
•Credit check required •Credit check is required $7,500
•Three repayment options •Pay while in school or defer •Maximum loan amount with
•Must attend a TruFit eligible payments until graduation proof of graduate degree is
institution •Borrow up to 100 percent of $150,000
•You can borrow up to the education costs •Loan consolidation available
cost of your education •Various repayment options
minus other financial aid available
6. PayMyStudentLoans.com
Learn More
Learn more at…
http://www.paymystudentloans.com/private-student-loans-without-cosigner/