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What are the chances of getting a $50,000 student loan?

Will credit card debt hurt my chances of getting a student loan?

  • I want to know my chances of getting a student loan with credit card debt

  • Answer:

    Credit card debt doesn’t shy away from anyone who doesn’t want to shy away from it. It treats everyone equally irrespective of whether the person is a seasoned professional or just a college student. So college student credit card debt isn’t uncommon either. Since the credit limit on college student credit cards is much lower, the college student credit card debt cannot rise to the levels it does for other credit cards. However, college student credit card debt is an even bigger menace because a lot of students are already in debt due to the loan they have taken for their education. If they pass out of college with college student credit card debt, they will have to payback not just the loan they taken for studies but also their college student credit card debt.

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I think you can always find a loan for any bad credit you have. Read this article: http://www.astudentloandebt.com/student_loans_for_bad_credit.html

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