How to get a High Risk Personal Loans?

Having problems getting a student loan bcuz my school is NOT eligible to receive Federal Stafford loans. Help?

  • I have been rejected by a few major lenders for student loans for a cal-bar accredited law school in CA. My school is not eligible to receive federal stafford loans b/cuz they are a small school. Anyone have any advice on lenders who may give me a loan? I know they have to be private but Wells Fargo told me that lenders have a list of schools they will do business with and if you are not on that list you can't get one. Its basically a risk management assessment based on how likely they think you are to pay back the loans. Any advice? I have worked so hard to go to law school and I cant afford to live and make tuition without a loan. I do not own a home to take a mortgage out on either.

  • Answer:

    You may want to try a Perkins Loan, its a part of financial aid, but not like the stafford (Sub & Unsub) loans. You may also want to try Sallie Mae, Citibank, or another Private Loan company to see if you are eligible for a career training loan. These loans are based on credit. You do not have to complete the FAFSA to apply for these loans. That school may be on the list, or I dont see why your school wont advise you as to what lender you can apply with.

Stephani... at Yahoo! Answers Visit the source

Was this solution helpful to you?

Just Added Q & A:

Find solution

For every problem there is a solution! Proved by Solucija.

  • Got an issue and looking for advice?

  • Ask Solucija to search every corner of the Web for help.

  • Get workable solutions and helpful tips in a moment.

Just ask Solucija about an issue you face and immediately get a list of ready solutions, answers and tips from other Internet users. We always provide the most suitable and complete answer to your question at the top, along with a few good alternatives below.