No credit Check student Loans

Student Loans With No Credit - No credit Check student Loans

Looking for no prestige check student loans? These types of loans do exist, believe it or not. The only no prestige check student loans you can get are federal student loans.

Student Loans With No Credit

Federal loans for students are offered by the government as an venture in students' education. Because of this, the government backs each loan. This means that federal loans don't' have any prestige check or cosigner requirement. Because federal loans have no cosigner requirement, they are excellent for students with bad or no prestige history at all.

Now, there are two federal loans given out: Perkins loan and Stafford loan. The Stafford loan is the bigger loan and comes in two flavors, depending on the student's financial needs. Low wage students are given out subsidized federal Stafford loans - this is a loan where the government will pay the interest for the duration of the student's schooling. The unsubsidized Stafford loan can be had by any student, regardless of their wage (and as long as they are an American citizen and have a communal protection number).

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