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Trying-to-blend

Member
Hey guys, i know a lot of you are students and/or were and took out loans.

My school has determined i'm not eligible for a pell grant, which makes me wonder if i'm eligible for a federal loans. Anyways, the max isn't enough, as my school caps it at 4 thou a year, and i'm trying to replace a salary with it. So... anyone know of any private student loan places that make it ridiculously easy to get a loan??? I mean, i can't get a cosigner and i have no personal credit history. I need the money ASAP or else i'm out on my ass!

help pleaseeeeee
 
TacoSusio

TacoSusio

Member
This isn't what you asked for, but maybe it will help you or someone reading this...


Student loans are a nightmare. They cannot be discharged through bankruptcy. If you must waste money you don't have on an 'education', use credit cards as they are easier to discharge through BK.

If that isn't an option, get a part time job and work your way through school. Or better yet, grow your own money...
 
whiterabbit9

whiterabbit9

Active member
Veteran
^^^

yeah alot of kids I know took out loans, I don't want to risk it, since like taco said, when you owe money to the government, you gotta pay it

and I know some that didn't like what they we're taking or ran into other problems
 
MrBomDiggitty

MrBomDiggitty

Active member
Veteran
Or you can pay back student loans with credit card cash advances and then declare bankruptcy on the credit cards... and you'll have a great history of paying back your school debt.
 
DeezyH

DeezyH

Active member
ICMag Donor
Trying-to-blend said:
. So... anyone know of any private student loan places that make it ridiculously easy to get a loan??? I mean, i can't get a cosigner and i have no personal credit history. I need the money ASAP or else i'm out on my ass!

help pleaseeeeee
Click to expand...


Sorry, you're about 3 years to late. Not only has the easy credit train left the station, but a lot of the private loan industry has...imploded...for a lack of a better term.

If you *CAN* get a co-signer with *GOOD* (700+) credit then you may qualify for a private student loan from Chase or Wells Fargo. Those are the last two big banks that do private loans.

There are still a few smaller specialty banks that do school-certified loans but you want to use all available Federal money as you can. To be honest you should qualify for most everything Federal/State unless you made to much money last year.
 
DocLeaf

DocLeaf

procreationist
ICMag Donor
Veteran
If possible,, try not to get a student loan!!!

Bum it out if need be .. and grow your own weed!

Hope this helps
 
M

movingtocally

Trying-to-blend said:
Hey guys, i know a lot of you are students and/or were and took out loans.

My school has determined i'm not eligible for a pell grant, which makes me wonder if i'm eligible for a federal loans.
Click to expand...
Hey brutha. First, let there be no mystery-your fafsa will say very plainly whether or not you are eligible, and whether or not you have been offered federal student loans. These loans are awesome-they require no cosigner, no credit report, and most important, low interest and flexible repayment options. Eat them up first if they are available to you, which again, you can find out very easily.
Trying-to-blend said:
Anyways, the max isn't enough, as my school caps it at 4 thou a year, and i'm trying to replace a salary with it.
Click to expand...
What?
Trying-to-blend said:
So... anyone know of any private student loan places that make it ridiculously easy to get a loan??? I mean, i can't get a cosigner and i have no personal credit history. I need the money ASAP or else i'm out on my ass!

help pleaseeeeee
Click to expand...
No, especially in today's climate. Call your financial aid office and explain the situation. Explain to them exactly what you told us. Don't feel embarrassed or intimidated, your getting raped on tuition, thus their salaries. They are there to help you. Often times they will extend federal loan options if it's a really tough situation like yours.
 
M

movingtocally

MrBomDiggitty said:
Or you can pay back student loans with credit card cash advances and then declare bankruptcy on the credit cards... and you'll have a great history of paying back your school debt.
Click to expand...
I so want to do that...good idea.


I wonder if that's technically fraud?
 
Stoner4Life

Stoner4Life

Medicinal Advocate
ICMag Donor
Veteran


it's matt lesko to the rescue.......



this is the guy with all the answers to your issues bro,
he knows where and how to get the cash if you can afford
his program, go to www.lesko.com





​
 
Verite

Verite

My little pony.. my little pony
Veteran
Somethings amiss here. When I got them a Pell Grant was usually easier to get than a GSL. The only way you dont get a Pell is if you made too much $$ at a job during the same year or if you live at home. The G part of GSL is guaranteed student loan which is now the Stafford Loan and is still guaranteed to students and going to be at a way better rate than any private loan you can get. No private loan is going to guarantee you money without credit or a cosigner and a Stafford will not only do that but give you a better rate than private loans or credit cards.

For those that say GSL's are bad because you cant default on them and go bankrupt are pretty much missing the whole point of borrowing money in the first place.

More info on Stafford Loans
http://en.wikipedia.org/wiki/Stafford_Loan
 
TacoSusio

TacoSusio

Member
Verite said:
For those that say GSL's are bad because you cant default on them and go bankrupt are pretty much missing the whole point of borrowing money in the first place.
Click to expand...

When borrowing money to invest, you don't consider the risk involved?
 
Verite

Verite

My little pony.. my little pony
Veteran
TacoSusio said:
When borrowing money to invest, you don't consider the risk involved?
Click to expand...

You speak like a gambler. I dont consider risk because the money I borrow goes towards 'investments' that are insured for full replacement if something happens to them.

Having an education doesnt put you at a higher risk for failure than does having no education.
 
TacoSusio

TacoSusio

Member
Verite said:
You speak like a gambler. I dont consider risk because the money I borrow goes towards 'investments' that are insured for full replacement if something happens to them.
Click to expand...

You don't consider purchasing an illiquid 'asset' with borrowed money that is non-dischargable through bankruptcy a risk? It appears you are confused as to who is insured against loss. I'll give you a hint, it isn't the student.

Verite said:
Having an education doesnt put you at a higher risk for failure than does having no education.
Click to expand...

Whether or not a person with a college education is a higher credit risk is not the issue.

ISSUE:
Should people be indebting themselves for an 'education'?



Oh, and aren't we all gambler's at heart? :canabis::nanana:
 
C

ChronicChemist

Member
Any drug offenses on your record could make you ineligible for federal aid...bullshit rule even murders and sex offenders can get aid before someone busted with a joint.
 
Verite

Verite

My little pony.. my little pony
Veteran
TacoSusio said:
You don't consider purchasing an illiquid 'asset' with borrowed money that is non-dischargable through bankruptcy a risk? It appears you are confused as to who is insured against loss. I'll give you a hint, it isn't the student.



Whether or not a person with a college education is a higher credit risk is not the issue.

ISSUE:
Should people be indebting themselves for an 'education'?



Oh, and aren't we all gambler's at heart? :canabis::nanana:
Click to expand...

The only ones Ive seen turn an education into a risk are those that quit. I also guarantee you that a college education puts you in a much better position to pay back any said loan.

In reply to your issue when has any education been free in any sense of the word? Youre going to pay for it in one way or another. If you can give me one good reason to postpone it Im all ears but I never heard anyone say Im so glad I waited until I was 50 so I could afford my medical degree.
 
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