Topic: Co-signer
The Student Loan Checklist
When paying for college, many students find that they must supplement grants and scholarships with student loans. Finding a loan can be tricky, so SimpleTuition compiled a checklist on what to do when searching for student loans:
Student Loan Checklist
Figure… More »
Do you need a co-signer for a private student loan? What do you think?
College on the Cheap’s street team asked students if they need a co-signer to apply for a private student loan. Not many of them knew – think you do? The answer might come… More »
Choosing Private Student Loans
By Kevin Walker, Co-Founder & CEO of SimpleTuition
We get asked all the time, "Where should I borrow if my federal loan isn't enough?" With television advertising, marketing mailings, and the hundreds of websites about supplemental student loans, sorting through all of the data to make an informed… More »
Practical tips for building good credit
In today's world, having an excellent credit history is more important than ever before. Having good credit means that you could qualify for loans, such as mortgages, car loans, student loans, and more. In addition, having good credit means that… More »
The skinny on co-signers
By Kevin Walker, Co-Founder & CEO of SimpleTuition
Let's talk about co-signers. These are the generous folks who agree to sign on to a private student loan along with the student.
Why do students even need a co-signer? Well, for undergraduates, the usual reasons are that the student… More »
What information do I need to apply for a loan?
In order to complete an application for a private student loan with most lenders, you will need the following information:
Your full name, social security number and date of birth
Your permanent address and the number of years you have… More »
Is there a credit check for private student loans?
Yes. Private loans are personal loans issued to individual borrowers by lending institutions. Much like a mortgage or an auto loan, your credit will determine if you are approved and also what rate (and possibly fees) you may receive. These… More »
Why should I use a co-signer for a private student loan?
To increase your chances of approval and possibly improve the rate you receive, you are strongly recommended to apply with a credit-worthy co-signer. Some lenders require you to apply with a co-signer regardless of your income or credit rating; you’ll… More »
Tips on selecting a co-signer
"Co-signer" defined
A co-signer of a private student loan is someone who jointly signs the promissory note (or the contract between lender and borrower) for the loan. Even though the student is the primary borrower, and will receive monthly bills… More »
Student loans: 7 smart tactics for choosing the right one
Many of you have been telling us that choosing the right student loan can be challenging. You need a resource that cuts through the terminology and the barrage of messages you receive from lenders and marketers. This is where SimpleTuition… More »
