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Does Credit Rating Affect a Federal Family Education Loan Application?

April 26, 2017affect application Credit rating Education family Federal federal student loans loan student loans

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Does Credit Rating Affect a Federal Family Education Loan Application?

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Federal family education loans are the largest source of government-backed student financial aid. This public-private partnership allows private lenders to offer relaxed qualifying criteria on some loans because they are guaranteed by the government. Some loans require no credit check.