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If you have bad credit, you may be motivated to refinance your student loans to lower monthly payments. However, many lenders require a minimum credit score in the mid-to-high 600s.
A good credit score, however, is often necessary when applying for private student loans, which are provided by banks, credit unions and online lenders. Most private lenders require applicants to ...
Bad credit loans. If you need student loans and your credit history is poor or nonexistent, your best bet is federal student loans because they typically don’t require a credit check.
Struggling with bad credit can make it seem difficult to achieve your financial goals. After all, having a poor credit score can make it much harder to qualify for loans or refinance existing debt ...
The Education Department offers federal student loans through one streamlined application: the FAFSA. Federal loans are available to every borrower attending an eligible U.S. college or university ...
Bad credit. No credit history. Excessive debt. ... For student loans, it greatly depends on the loan — for example, federal Parent PLUS loans discharge the debt when a cosigner (or parent) dies ...
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