It is generally accepted that those of us with low credit scores are at a disadvantage when it comes to trying to secure a loan. It is not so much that the score kills the application in its tracks, but the overall consequences of it. For students, applying for student loans with bad credit without the worry of credit checks is a welcome development.
The fact is that no credit check student loans make it easier for students to secure funding for their college education - though there is no guarantee of approval either. There are other factors taken into account before that is achieved.
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