Private College Student Loan

Has anyone used Suntrust Bank for alternative student loans?

My credit is too new, I guess. I just got a conditional rejection when I tried to request $1800 for the whole year. Which is weird, because my credit card's limit is $2100. The thing basically said I need a cosigner. Is this a good company? Nelnet recommended Suntrust. I don't wanna bother having my uncle co-sign if it's not worth it. There specifics looked pretty good with an interest rate capable of being as low as something like 4.5%. I already have the 3500. It isn't enough. Tuition plus books is about 8,000. I can cover books at about 500 a semester, but I want to take the loan so I can focus on saving, because the summer isn't long enough for me to save enough funds.

Public Comments

1. For a loan this small, you really shouldn't be going to an alternate student loan. You should be doing a federal student loan which requires no cosigner and no credit check. Plus the government often subsidized the interest while you are in school. As a dependent freshman you can get up to 3,500 per year... more if you are an independent.
2. I've worked with SunTrust. They are a reputable company.