does anyone have any tips on applying for loans?

Question

i have bad credit and i need a loan for school and i dont have any co-signers that qualify, what can i do for a loan in two months in canada ,manitoba.

Answer 1

I am not for sure how things work in Canada, but you should talk to your school's financial aid department as they should be able to give you a direct loan that has nothing to do w/your credit and you do not need a co-signer.

Answer 2

Contact the college or university you are going to and ask to speak to someone about financial aid. You need to apply for grants but with the 2 month time frame you're pobably not going to get them. Also look for scholarships. Sometimes banks will take a chance if it is a student loan but you may have to go through the government or the school, see if you can make payments.

Answer 3

The thing is, you are in Manitoba and I am not familiar with your system there or is it the same in BC?We have quite a bad credit too but I was qualified for a loan from BCSAP one time. just check in your local financial assistance program for students and find out.

Answer 4

Stay away from loans as much as you can. You have no idea how burdensome it is to pay them back once you leave school.

There are tons of scholarships that go unclaimed each year. Many $400, $500 or $1000 scholarships never even get applied for because people think it's chump change and not worth applying for. Well, get a few of those $500 scholarships and it'll really make a dent in your tuition bill.

People make the mistake of looking for one big scholarship to pay for everything when they should be targeting smaller scholarships that are more regionalized or specialized to their intended field or reflect something unique about them (son of Italian policeman, daughter of registered nurse, etc). Everybody goes for the big scholarships, the competition for those is much higher and your chances are smaller of getting it. Research and apply for anything and everything you are close to being eligible for no matter how small the scholarship.

Do a search on scholarships, search your major, your ethnic heritage, your town, your parents employers, your employer, hobbies, high school, local Chamber of Commerce/Rotary/ Lion's Club etc. Left-handed? There is a scholarship out there for you! Older woman returning to school? There are scholarships out there for you. Do combined searches on more than one criteria "hispanic women aviation scholarships" etc.

Go to the library and ask the reference librarian for a reference book on scholarships. They usually have more than one. There are all kinds of scholarships out there, you just have to start applying yourself and make it your summer career to send out letters everyday for scholarships. Good luck!

Answer 5

Get a good paying job. No matter if it is temporary as long as you can get your first pay check with a high number. The bank will ask for your pay stub and they will usually not ask you if it is a temp job or not. Give a pay stub with a high salary and they will usually approve you right away. If it is not that high, they will base it on how long have you been working there. If it is too low, you will not get approved at all. It is all down to the pay stub.

Answer 6

OMG i think he copied and pasted a bunch of crap, anyways i too have the same problem, if you try your local bank the one you bank with and they know you then things may work, thats how i got my mustang

Answer 7

Never tell them how muck you Make or how much your parents make tell them I don;t know. And if they ask you who you live with tell them with a friend,give them the impression as if you don't have a dime.

Answer 8

If it is for school, contact the financial department they should be able to help.

Answer 9

There is some useful advice here.

Answer 10

try to apply for a grant instead?