How is your prestige score?Is it good?
The prestige requirements are highly important if you are looking to get a student loan with the bottom interest rate. If you want to get the best deals available for funding college education, your prestige score has to be well established and pretty high. But i know that this will not be the case for most of the students entering the college. Lenders understand this and are ready to give away the bad prestige student loans. Although they are very willing to give bad prestige loans to students, it always comes with a cost that you cannot avoid. The cost associated with it is the high interest rate which you could have avoided straight through an established prestige history. If you are still rejected by many lenders due to highly poor prestige score, the only selection at your reach is the loans with a cosigner. A cosigner will act as a protection for the lender against defaulting on the loan. Thus, getting a student loan with the help of a cosigner will be the last resort to population who cannot get grand otherwise.
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