Tuesday, January 3, 2012

Could a student with bad credit receive a student loan?

A friend's 21yo daughter has a lifelong history of impulsive decisions that serve her but screw others. She has 3yrs of bad credit with three companies (one is a bank) and is awaiting a court date for DUI (valium or xanex). Now she's talking about getting a student loan "to go to school." She's smart but also has a history of not completing courses. How likely is it she could really get a loan?

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