When a student loan is denied for reasons you think are unfair, ask your lender for details on what criteria they used to disqualify you. Next do a little research to see if the information they received on your credit report was accurate. The credit reporting agencies all rely on information provided by the companies that grant you credit and mistakes can happen. If you do find inaccuracies, report these immediately to the credit report agency. Since it can take six months to remove inaccurate information from your credit report, you should also contact the company that provided the inaccurate information and ask if they will provide a letter reflecting that the information provided was incorrect. Then take this back to your student loan company and ask if you can appeal the original decision. With documented proof of the errors, many lenders will review your information to see if they can qualify you for a student loan.

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