when you get school loans do they check your credit?
605628
Two of the major Federal Student loan programs -- Stafford and Perkins -- are unique in that they require absolutely NO credit check.  In fact, Financial Aid Administrators are forbidden from checking your credit as a condition for receiving these loans.\n\nYou don't even need to show financial need to obtain an Unsubsidized Stafford Loan -- as long as your school is accredited, you are enrolled at least half-time as a regular student, and your other financial aid doesn't exceed your Cost of Attendance, you will be offered a Stafford Loan.  In this sense, Stafford Loans are indeed an entitlement.\n\nSee the following link to the Federal Student Aid Handbook (in the margin on page 1-66) for clarification about credit checks: http://www.ifap.ed.gov/sfahandbooks/attachments/0607FSAHBkVol1Ch6.pdf\n\nMost other student loans will require a credit check, though.  If you apply for a PLUS (which is open to graduate students and to the parents of undegrads) your credit will be checked.  Similarly, if you or your parents apply for a private educational loan, your credit will also be pulled.  Every lender has slightly different credit criteria from the next, though, so if one lender denies your application, you might still be eligible if you apply with another (just apply selectively, pay your bills, and keep an eye on your credit report and you'll be fine).
444512
Most schools  you apply at have links on how to get a student loan.
454442
I got student loans through my school. First I applied for financial aid through FAFSA and then I gave them my school info. Then on my schools' website there is a place that talks about financial aid and I clicked the link and it told me places/banks/financial institutions that loan money. All I did was fill out the Master Promissary Note and Whola!!! I have money for school. All I had to do was send some verification to my financial aid (W-2's for my husband and I and a copy of our tax return) and I was ready to go.\n\nYou can also look for scholarships at www.fastwebs.com
982090
Yes, you can by  asking the credit bureau, the best thing is \napply for a credit card if they approved you it means you do have a good credit and if not it means you have a bad credit.
694468
You should get a student loan. You do not need good credit to qualify. However, they do ask for your previous year tax return to determine whether the government is going to subsidize your interests. You can apply at http://www.fafsa.ed.gov/ \n\nJust fill out the online form and they will forward information directly to the school of your choice. You can pick the bank you want to handle your loan. They pay your school directly. You do not have to pay anything until six months after your graduation. After six months, your bank will send you monthly bills. \n\nHope this helps.
1049698
No if you go to a title loan place. They do not check your credit. You will have to pay a little extra to your car title back. But you still get to drive your car. And if its crummy  don't worry about it.
670544
All "Student" loans require at least enrollment verification: proof that you are enrolled in school.\n\nThat's not the same level of involvement that I think your school means when they say they dont get involved in student loans.  My university obtains the loans for me, gets the money, applies it to my university fees, and gives me a check for the remainder.  Your school says they won't do that.\n\nBut they should do "enrollment verification" because that's also what you need to prove you are enrolled in order to stay on your parent's health insurance until your 25th Birthday.\n\n-EN-
435653
It depends on the bank's policy.\n\nSome banks check your credit, some check Chex Systems, some check both and some check none. Most of the National banks check everything but the smaller banks and credit unions may not. \n\nThe only way you can find out is to ask. After all there are lots of banks/credit unions that want your business, why not shop for the best deal in your situation.\n\nGood Luck
511790
Only once, but here is a trick.\n\nThere are three credit reporting agencies (Transunion, Equifax, and Experian).  If you get just one of those reports every year, and get the others every 4 months, you can monitor your credit 3 times a year.\n\nIt's not perfect but it's better then nothing.
1186335
They do credit checks and as long as nothing major comes up then you will be fine.  I had a judgment on my credit from a long time ago and I still got hired
844619
It is REALLY unlikely that an employer is going to check your credit history.  Even if they claim they have that right, or you give them that right when you fill out the application.\n\nThere are plenty of other ways to get screwed when trying to find a job, this one should probably be at the bottom of your list of things to worry about.\n\nGood luck.
183528
Usually you will be asked if you want more than what is offered and receive a refund check once your loan has been disbursed to your schoool. I used that to purchase books and other items.
866408
You get the credit but it doesn't count in your GPA.
850809
They're like a data bank that stores credit information.  They are not credit granters.  Your lenders report your credit history to them so that other companies can see how you treat credit.  The bureaus only hold the info and release it.
90794
Yes, check with your lenders. It doesnt matter if your semester started or not as long as your enrolled. However b careful some lenders won't send the money directly to you but instead to the school.
863765
No, if anything it should inprove your credit.
568469
Two of the major Federal Student loan programs -- Stafford and Perkins -- are unique in that they require absolutely NO credit check. In fact, Financial Aid Administrators are forbidden from checking your credit as a condition for receiving these loans. You don't even need to show financial need to obtain an Unsubsidized Stafford Loan -- as long as your school is accredited, you are enrolled at least half-time as a regular student, and your other financial aid doesn't exceed your Cost of Attendance, you will be offered a Stafford Loan.\n\nIf you have "maxed out" your eligibility for Federal loans, there are private companies that will lend you money even if your credit is bad (which you're fixing, I hope?).  If you have a creditworthy cosigner then your credit won't matter much at all.  That's what cosigners are for -- their credit acts as a "stand in" for yours!\n\nFirst, review the huge list of private loan lenders on FinAid's website: http://www.finaid.org/loans/privatestudentloans.phtml ... Go to each lender's site and read the terms and credit criteria of their loans until you find one that focuses more on one of your credit strengths (job history, perhaps).  Be careful when searching online for companies that specifically claim to offer loans to people with bad credit (companies like Astrive are questionable because they bypass the school). Make sure the company has a good track record before you commit to a 10-30 year relationship with them