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Wednesday, March 29, 2006

Visa Rewards Credit Card (cont'd.)

Guest: JaneiR36
Credit Expert (100+ Posts)
Post subject: Visa Rewards Credit Card
Posted: Fri Oct 07, 2005 3:31 pm

Can someone explain to me this talk about needing credit for student loans? When I was in college, all I did was say the word and it was mine for the asking. I needed two cosigners regardless and that was it. Maybe there's something I'm missing? All I took out were Federal stafford loans, by the way.


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Guest: thejoshua
Posted: Fri Oct 07, 2005 3:38 pm

Maybe I don't have anybody to cosign for me? I'm 22 and my parents stopped wiping my bum for me a long time ago


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Guest: JaneiR36
Credit Expert (100+ Posts)
Posted: Fri Oct 07, 2005 3:45 pm

dude... the cosigners can't even be relatives... seriously. Find somebody. Unless you're going to grad school, this will be a requirement...


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Guest: thejoshua
Posted: Fri Oct 07, 2005 3:48 pm

Cosigners can be relatives, when I talked about getting my loans they told me to have my parents sign. Also I would never ask a friend to cosign, so it's up to me.


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Guest: JaneiR36
Credit Expert (100+ Posts)
Posted: Fri Oct 07, 2005 3:57 pm

sorry, it wasn't a cosigner, it was a reference. You need two. They may not have the same address. The first should be a parent, and the second could be anyone else. (Possibly also a parent, if they don't share an address!) Still, I don't get it. While you're a full time student in college, student loans are yours for the asking, up to your yearly maximum. And when you've maxed out a certain kind of loan, you move on to the next one. Last I heard, the Federal government wants you educated and employed!!


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