How can I get a student loan after I declared bankruptcy?

Heidi M asked:


I’m finding it impossible to get approval for a student loan because I previously declared bankruptcy. I can easily get approved for a car loan, but not for my education. Anyone with ideas or information about this situation please respond. I have to pay for nursing school by August 1st!

Gordon

Tags: August 1st, Car Loan, Student Loan

This entry was posted on Monday, March 23rd, 2009 at 10:31 pm and is filed under Loans. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

3 Responses to “How can I get a student loan after I declared bankruptcy?”

1. Spiky Sandy Says:
   March 26th, 2009 at 7:53 am

   Lloyd

   Because so many people default on their student loans, the government is very hesitant to give them out to people declaring bankruptcy. Bankruptcy is a legal way of defaulting on your loans to get out of paying them. I’m surprised you got a car loan, but I bet your interest rate is much higher than someone who didn’t claim bankruptcy.

2. echo Says:
   March 29th, 2009 at 9:53 am

   Bruce

   You might check out the site that I’ve listed.

   Go to the student loan forum and do some reading. You might be able to get some ideas on what to do.

   If you cannot find what you are looking for, post your question. Someone may be able to give you some suggestions.

   I’m sorry I can’t be of more help. I go to the creditboards forums every day, for credit related reading/learning. But I usually go to other forums than the student loan forum.

3. tuesdayisgreat Says:
   March 31st, 2009 at 3:00 am

   Arthur

   this seems promising

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