Bad credit doesn’t have to stop you from getting a college education. Most lenders make some accommodations for students needing to finance their education. One possibility may be to add a cosigner to your loan. As long as the cosigner meets the credit granting criteria for a private lender, you should be able to get a student loan and may be even qualify for a lower interest rate. A move like this may also help you reestablish your credit history if you make the payments according to the terms of the loan agreement. However, not making the loan payments could become a problem for your cosigner who is also liable for the debt.

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