<p>Does anyone know where I can borrow from a lender where I don't have a cosigner and no credit history? I have held a job for two years but im not exactly sure if that helps any?
I have been researching MyRichUncle.com, but I just dont have a good feeling about it but it may be my only route?</p>
<p>I'm looking for the same info as well</p>
<p>this site might help a little
<a href="https://www.debthelp.com/kc/207-guide-no-cosigner-student-loans.html%5B/url%5D">https://www.debthelp.com/kc/207-guide-no-cosigner-student-loans.html</a></p>
<p>You certainly can get a Federal Stafford Loan - these are guaranteed by the federal government and do not require a co-signer.
However - there are limits on how much you can borrow - for 2008-2009, freshman may borrow $3500, sophomores, $4500, jrs and srs may borrow up to $5500. This is for the entire school year.</p>
<p>There are some other gov't lending programs - i.e. Perkins but these are not available at all schools and for all majors.</p>
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<p>Does anyone have any other info on this important topic?</p>
<p>anywhere that will lend you $$ with no credit history and no cosigner is going to have a high interest rate and if you think about borrowing 20K a year that way (or any way really) you are going to be buried in debt when you graduate. They have increased the stafford loan limits and you can get 2k additional in unsubsidized loans on top of what justamom stated in her post. </p>
<p>why does anyone think borrowing 20-30K per year for undergrad is sane??</p>
<p>Sane? Not everyone has rich mummies and daddies and working full-time as one inches thru school in slo-mo a few courses at a time isn't too attractive. Warning to be careful with student loans is just fine. Acting as if student loans are InSaNe in this world of home loans, car loan, business loans, government budget deficits, etc, seems overblown.</p>
<p>Anyway, back to the topic of the thread ... anyone have info on loan lenders.</p>
<p>Not everyone necessarily needs 20,000-30,000 a year in private loans (some people need less than 10,000 to cover the costs that federal aid cannot cover)</p>
<p>I don't know, but when I was watching TV I think Chase said they offered private loans (up to 40k) to students without a co-signer. Don't know how much that helps.</p>
<p>I spoke with a private lender representative, and she said that due to the economic situations, no such loans existed for their company anymore.</p>
<p>A high EFC and unwilling parents is a bad situation to be in.</p>