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I have bad credit, or am unemployed. Can I still qualify?

April 26, 2017bad credit qualify unemployed

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I have bad credit, or am unemployed. Can I still qualify?

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You may still qualify for a student loan if you are able to add a co-borrower to the loan who has a positive credit rating. Qualifying for private loans is based on credit criteria established by each lender, in this case, SLM Financial Corporation. Credit qualification criteria can vary by the type of loan, by whether the borrower is a student or parent, or by whether the loan is backed by a cosigner.