Best Bad Credit Student Loans ; Best for flexible term lengths: College Ave Undergraduate Student Loans ; Best for no fees: SoFi Undergraduate Student Loans ; Best for credit building: Citizens Bank Undergraduate Student Loans
Best for no co-signer ; Best for applying with a co-signer ; Best for long grace periods ; Best for flexible payment terms ; Best for federal student loan
LENDER, BEST FOR, MIN. CREDIT SCORE, APR ; Federal student loans, Overall student loans, None, 6.53%-9.08% fixed ; Ascent, Borrowers without a co-signer, Varies, Fixed: 3.69%-15.04%; Variable: 5.66%-15.16% (with autopay) ; Funding U, Undergraduate borrowers, None, Fixed: 8.49%-13.99% with autopay ; MPower, International students, None, Starting at 10.89% ; Edly, Income-based repayment, Not specified, Fixed: 8.49%-25.96%
Variable APR : 5.66% – 15.16%, Fixed APR : 3.69% – 15.04%, Loan Term : 5, 7, 10, 12, 15 or 20 years, Loan Amount : $2,001 up to total cost of attendance; total maximum of $200,000 for undergraduate loans and $400,000 for graduate loans
To get a student loan with bad credit, consider federal options. For students with no credit, you might need to look for a co-signed private student loan.
The federal government and several private lenders give loans to students with bad credit. That’s because having bad credit doesn’t always mean poor financial skills. Most students aren’t old enoug...
Key takeaways ; You can get a federal student loan with bad credit since these loans don’t require a credit check, with the exception of PLUS Loans. ; To qualify for a private student loan, you often need good credit, stable income or a co-signer who meets eligibility requirements. ; Private student loan interest rates are based on your credit profile, and a low score will result in a high rate.
On This Page: Ascent · Earnest · Funding U · Federal Student Loan Options · FAQs About Student Loans · Experts' Advice
College Ave ; Earnest ; Sallie Mae ; ELFI ; SoFi ; Ascent Funding ; Nelnet Bank ; Citizens ; PNC ; Read Review
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