Law School Discussion

Deciding Where to Go => Financial Aid => Topic started by: otnemem on June 06, 2005, 05:16:32 PM

Title: uva loan help
Post by: otnemem on June 06, 2005, 05:16:32 PM
I have an awful credit score (sub600), primarily because I had two chargeoffs four years ago (one paid in full, the other one I am paying in full right now). Anyway, my problem is that I can't use the GATE program because of this bad credit, and the GATE loan doesn't allow a cosigner either. Is anyone else in this situation? What other lender can I use that will let my cosigner vouch for me even with a sub600 score? Ideas?
Title: Re: uva loan help
Post by: bruin on June 06, 2005, 09:38:01 PM
I believe that Access Group allows for a co-signer, as does Wells Fargo. Your interest rate will be higher using a co-signer, but you've gotta do what you've gotta do.
Title: Re: uva loan help
Post by: blaqueangel on June 07, 2005, 05:48:17 AM
For all you UVA people, why is the GATE private loan better than getting a private loan through Northstar or Access Group?

Any advice would be appreciated.
Title: Re: uva loan help
Post by: lyrarain on June 08, 2005, 12:08:10 PM
I'm not sure Gate is better. It seems to offer a set margin of 2.6% for UVA, but I think I might be able to get better with another lender. Still researching...