What do I do if my parents are bankrupt and I need a cosigner for a private student loan?
Ok, so here's the situation. I need a private student loan to cover the cost of college tuition, but in order to get it I need a cosigner. My parents say that they can't because of their Chapter 13 bankruptcy (which we're still going through). Is this true?? and if it is what should I do?? Please, please I need some help
Public Comments
- Find a cheaper school and save the student loans for your jr and senior years when you can borrow enough federal loans (stafford) to pay for everything without doing evil private student loans.
- See if you have an aunt, uncle, grandparent willing to co-sign, but yes, your parents are out of the question... The "loans" offered by jameswood aka Scammer #291 and kelvinwilliams aka Scammer #8359 are known as "Advance Fee Loan Fraud"... Here are some tips for determining whether a loan is legitimate or a scam: 1) They don't use a free email address (yahoo, gmail, hotmail, live, etc) 2) They have a secure website you can go to to fill out their application (this isn't 100%... do a search with the company + fraud and also + scam... and check the BBB) 3) They don't require ANY fees upfront. Any fees will come out of proceeds of the loan (scammers want their fees via Western Union or Moneygram) 4) They have a REAL address you can send mail to 5) They have a REAL phone number, not a cel phone 6) Look at their profile - usually created in the last 48 hours. Why? Because they get reported for this, yahoo deletes the accounts, so they just open a new one and send again until they are deleted once more! 7) If you're STILL not convinced, despite one or more of the above applying, check them out for yourself: http://www.nextwebsecurity.com/LocationTools.asp allows you to search for their IP... turn on your full headers and check each one of the IP's in their email to you! Or check the data base at: http://www.419legal.org/ ...if nothing shows up, post your email under: http://www.419legal.org/fradulent-email/ and a professional will check them out for you... (please include FULL headers minus your personal information)... Once you've checked them and are convinced they are scammers, please forward a copy of their "loan application" to abuse@yahoo.com, abuse@hotmail.com, etc
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