Posts Tagged bad credit
Home Loans For Single Moms With Bad Credit
Posted by Tara in home loans, interest rates, mortgage loans, mortgages on October 30, 2009
Home loans for single moms with bad credit are available but you need to know that they will be hard to get. The other issue is that this type of loan is typically very expensive and there are stipulations on getting one.
Usually, banks want to give loans to people who show the lowest risk and have the highest ability to pay back the home loan. If you are somone who has stellar credit in the 700 range, then you are a good candidate for getting a home loan. Read the rest of this entry »
Student Loans For Single Moms With Bad Credit
Posted by Tara in loans for single mothers, scholarships for single parents, student loans on October 21, 2009
Single moms looking for student loans with bad credit?
How do I get a student loan if I have bad credit? Well, if you have bad credit and you are looking for a student loan, you may think that there is little you can do.
The up side is that there are possibilities, and you shouldn’t give up or think that there is really nothing in the cards fo you. Just because you have bad credit doesn’t mean that you should postpone your plans for higher education and finding out how to get things done.
There are things you can do if you are a single mom looking for student loans and you have bad credit.
Let’s take a look at some of the things you need in order to get a student loan with bad credit.
You need following three things to get a bad credit student Loan
You will need to have a Co-Signer (Maybe)
You will need to have a FAFSA Form
You will need a computer
How To Get A Bad Credit Student Loan
1. Step 1
You have to consider getting a co-signer for you. Your co-signer could be any member of your family who has a good credit. However, you have a bad credit, he or she can help you to get student loan with rates and terms that best suits you. Basically, the person who co signs for you will be the person who will vouch for your credit in the event that you default on your student loan. Read the rest of this entry »