Private College Student Loan

What credit rating is required for a $150,000 (~$40,000 yearly) private student loan from Chase?

What credit rating should I look for in a cosigner? Fair? Good? What's the minimum you think will be accepted for this student loan?

Public Comments

  1. You will need someone with a full time job and and outstanding debt-to-income ratio. Something you will REALLY need to think about after 3 years of cosigning. Some students run into trouble when their cosigner may qualify one year, but because because of the new debt, can't qualify for subsequent years. Probably the easiest way to figure out who would be best is to ask yourself this. Who do you know who is willing and can afford to make 1,200 a month payments for you when you can not?
Powered by Yahoo! Answers