It might seem that students, more than any other group, should have the hardest time when it comes to getting loans. This is because they are famed for having no money, but the fact is that the vast majority of students do work to get through college. What is more, their prospects are usually good, so lenders are open to granting student loans.
The basis of this willingness to lend to people with little money is the idea that a student today is a successful executive tomorrow. So, investing in their education is as much in the interests of the lenders as it is the students borrowing. And so, it is even possible to get loans approved for students with bad credit.
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