Do I have to send my grades in if I take out a Private Student Loan?
I'm planning to take out a private student loan from Citibank, do I have to send my grades in?
Public Comments
- If you're trying to get private student loans with bad credit, you may feel like its hopeless. While it is more difficult if you dont have any credit or your credit score is less than perfect, there are ways to be able to get the money you need for education. Many people who need money for education prefer using private student loans. http://worldbestloans.com/student-loans.htm The loan industry has changed to the extent that getting a loan with bad credit is not as difficult as in the past. While the interest rates may be a bit higher, it is still possible to get loans even if you have bad credit.
- No, you will not need to submit your grades. Private student loans generally require the following documentation after credit approval: - Signed promissory note (a legal agreement that you will repay the loan). - Identification (such as a state-issued driver's license). - Proof of school enrollment (signed acceptance letter, official class schedule, tuition bill, etc.)
- If your credit is not near perfect, you wont be able to get to a private loan. Sorry. But grades are not required. The CitiAssist loan is based on enrollment that is certified by the school. Again good luck.
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