Ok.. i have always got my own loans from SallieMae because i've never had a co-signer and my credit is good. Well i applied for my last loan for my last semester of school and i was denied unless i had a co signer. I have no clue why so i called and they said to check my credit report. My report was all positive except 4 medical bills that have been there the whole time. If i were to pay these bills of do you think it was help my score so i can get my last loan? I'm just worried i won't be able to graduate. The last loan i got was in Jan so maybe time has something to do with it and i should wait to apply again. How long will it take for the medical bills to be removed if i pay them? I'm really worried.
2007-02-18 16:00:05 · 2 answers · asked by tiffaknee01 3 in Business & Finance ➔ Credit
Your answer is a bit complicated because there are several possible answers to you question.
It could be that you have borrowed too much for the income level you are at.
It could be that other factors such as being over half the limit on your credit cards are affecting their decision.
The medical information should not display to them. You are supposed to be the only one to see that information on your report unless the accounts are delinquent.
Call them back and tell them you want a specific reason for the denial. They must give you specifics. This crap about "check your credit report" is a cheap way for them to not take responsibility for their actions and keep from being sued.
2007-02-19 15:48:44 · answer #1 · answered by nebula7693 4 · 0⤊ 0⤋
student loans are actually not seen in an identical type as different loans and debt once you prepare for destiny loans. as long as you guard it responsibly and pay on time, you're able to be positive. The stability owing would be considered, as will your money, in case you're seen for a private loan, yet you're making an honest gross sales, so which you're able to be ok. only verify which you do proceed paying them off on time table. additionally, till you have different loans to repay, you ought to evaluate kicking somewhat greater desirable into your money on student own loan debt, as which will help you pay them off previously.
2016-11-23 17:54:08 · answer #2 · answered by ? 4 · 0⤊ 0⤋