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What can happen without a cosigner if a Sallie Mae student loan is required?
Asked by unknown
1 Answers
If you successfully secure a Sallie Mae student loan with no cosigner, expect a high monthly payment and a relatively higher interest rate. Applying for a Sallie Mae student loan with no cosigner can come with a price, but for many its worth it. Sparing your family the pressure of student loan payments is something many borrowers are looking for
Does Sallie Mae offer private or federal student loans?
Asked by unknown
1 Answers
In 1972, Congress first created the Student Loan Marketing Association (SLMA) as a private, for-profit corporation. But it has taken a few forms over the years. So currently, Sallie Mae is a company that offers only private student loans. You won't find Sallie Mae on any federal student loan servicer list and it only services private student l
What credit score is required for a Sallie Mae loan?
Asked by unknown
1 Answers
Financial minimum credit score required is mid-600's. Minimum income required is No income minimum. Typical credit score of approved borrowers or co-signers is 749.