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Denied PLUS loan, other options?

Posted: Tue Apr 10, 2012 11:20 am
by riposn87
repost only because i realize this may be better asked of current students:

I'm coming up about $15,000 short per year paying for school after stafford & scholarship are considered. waiting to hear back from one more scholarship that would solve my problem, but assuming I don't get that, does anyone have any experience or advice with private or other loans to cover such a balance?

I do (obviously) have a negative credit history, and my only cosigner was also denied. I am disputing things on my credit report and hope to be approved for the PLUS loan after making a payment on delinquent accounts, but if people have had related experiences I'd be glad to hear them.

Re: Denied PLUS loan, other options?

Posted: Tue Apr 10, 2012 11:24 am
by Mr. Pancakes
You can go to the bank and talk to them about the personal loans that they offer. The interest rates on these are often fairly high though.

Re: Denied PLUS loan, other options?

Posted: Tue Apr 10, 2012 1:02 pm
by sunynp

Re: Denied PLUS loan, other options?

Posted: Tue Apr 10, 2012 2:52 pm
by riposn87
thanks, saw that and am following the advice. just wondering if there are any other options if this doesn't work for me.