Bar study loans Forum
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Anonymous Posting
Anonymous posting is only appropriate when you are sharing sensitive information about bar exam prep. You may anonymously respond on topic to these threads. Unacceptable uses include: harassing another user, joking around, testing the feature, or other things that are more appropriate in the lounge.
Failure to follow these rules will get you outed, warned, or banned."
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meika02
- Posts: 11
- Joined: Mon Jul 16, 2012 10:58 am
Bar study loans
Are there any other options for bar study loans?? I have been turned down by the lenders approved for my school (Discover, PNC, Sallie Mae and Wells Fargo). What should I do?
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Bartaker7277
- Posts: 20
- Joined: Wed Mar 02, 2016 12:00 am
Re: Bar study loans
I got one from Sallie Mae by having a co-signer. Did you try having a co-signer?
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AspiringCALawyer
- Posts: 96
- Joined: Fri Mar 11, 2016 11:50 pm
Re: Bar study loans
You don't say why you were turned down. I was turned down back in 1998 due to a bankruptcy still on my record from 1989. Since I had financed a car with Key Bank (formerly Society), I wrote a letter to the CEO pleading my case about my positive track record with paying off the car over 5 years. I also stressed that the bar loan would be my only way to be able to take the bar and eventually get a job in my field. It was persuasive enough for me to get the $5K loan. I have since paid that loan off too.meika02 wrote:Are there any other options for bar study loans?? I have been turned down by the lenders approved for my school (Discover, PNC, Sallie Mae and Wells Fargo). What should I do?
If you can't find another bank, I would appeal to family/friends (if that is an option); however, I would treat it like a loan (including a signed contract) and not a disguised gift (i.e., actually pay it back). Are credit cards an option? Selling something?
