Poor credit student loans are available if you can't pay for college because of low credit. Now, you really have two choices when it comes to applying for low credit student loans: government loans or bad credit private loans.
Federal loans are by far the best choice if you are seeking to get a student loan with bad credit history. The reason is that federal loans such as the Stafford loan don't require any sort of credit check or cosigner. Basically, your credit history does not matter. Even more, if you are proven to be a needy student (low income student), you can get federal student loan for bad credit that is unsubsidized. Specifically, the Stafford student loan comes in an unsubsidized and subsidized type. With financial need, you may be able to qualify for the subsidized Stafford loan where the government will pay your interest while you are in school.
Loans
Now besides federal loans, you can get poor credit private student loans as well.
These are not offered by banks or traditional loan lenders but online private low credit loan firms. Now, don't expect someone to give you a bad credit loan without having to pay extra for it. And pay you will - poor credit student loans require you to pay very high interest rates. You will have to balance the high interest rates against the benefits of going to school. For most students with no other choice, the choice is worth it. Getting a student loan is possible for people with less-than-stellar credit is possible, just spend the time looking around online to you to make sure you know all the options available to you.
Poor Credit Student Loans
