I would often know if there are loans that are like the Federal Stafford Loan? (NO credit check) One that also works with private schools. I think I found an answer. No, but the Sallie Mae Tuition Answer loan (www. Tuitionanswer. Com) is VERY easy to get approved for on a stand-alone basis, I got my loan from them when I was 19 with no co-signer. They send the check directly to you to pay your school fees and such. They do work with Private schools, so that doesn't matter. I would apply for that, if you get declined then seek a co-signer, or switch to a cheaper school.
I am thinking of filing bankruptcy, but I want to open a business next year. Will I still qualify for a bank loan? Are there other sources of business loans for bad credit. From what I can tell… It will be very tough to get a business loan a yr after a bankruptcy. Even credit card companies extending what they call small business loans through credit cards may not give you the kind of money you need. Even with a great business plan, banks and other lenders will think twice extending you a business loan because the bankruptcy tells them that you may have problems in managing your financial situation. Even getting a government-guaranteed loan from the Small Business Administration will be very hard since they look at your personal and business credit history Your best bet will be to have: – collateral – a co-signor or someone whoever will guarantee the loan for you Otherwise, you'll have to find other sources of funding such as family members and friends. Or find an investor whoever will back you up
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