Do you need a student loan but have bad credit? If the answer is "yes" you need to read this article and find out where to get free student loans and credit help.
If you’re asking yourself if you can get a student loan with bad credit, the answer is yes. Most federal loans don’t require a credit check, but accessing private student loans is a different story.
If you’re looking for student loans with bad credit, this is a guide that will help you find free student loans and credit help.
1. The Consumer Financial Protection Bureau (CFPB)
The Consumer Financial Protection Bureau was created to make sure that financial institutions are treating consumers fairly. On the CFPB site, there’s a lot of information on student loans as well as credit.
You can learn about key terms, calculate college costs and find different ways to pay for college. You can also learn all about credit scores and credit reports, how to dispute an error on your credit report and more.
2. Federal Student Aid website
The Department of Education has its own Federal Student Aid website that offers information for prospective and current student loan borrowers. On the site, you can learn about the different types of student loans, repayment plans, and student loan forgiveness.
3. The Institute of Student Loan Advisors Corporation
The Institute of Student Loan Advisors Corporation (TISLA) was founded to ensure that all student loan borrowers have access to free, neutral and clear student loan advice and dispute resolution assistance. They are a 501(c)(3) non-profit who believes that these borrowers have a right to a trusted resource with industry experience to mentor, educate and advocate for them, without being charged a fee.
They will not manage student loans, but to give expert advice and help to manage them successfully.
Your credit report is an inventory of your entire credit history, including loan amounts, lenders, and more. In order to get student loans and credit help, you’ll want to make sure all your information is correct.
5. Federal Trade Commission
If you have bad credit and need a student loan or any other type of loan, you’ll want to focus on increasing your credit score. A common way to do this is through “credit repair.”
The good news is that the Federal Trade Commission has a guide to do this yourself. The site informs you of your rights and offers information on how to get started with credit repair and where to get help.