How Do You Get Career Training Loans With Poor Credit?
If you are considering changing careers or enhancing your skills, pursuing additional career training can be a great choice. Career training can be expensive, though, so you may need to consider taking out a loan to pay for your education. Unfortunately, bad credit may limit your loan options, so you may need to seek other avenues for funding your coursework. Seek out training programs offered by accredited schools that participate in the Stafford or Perkins federal student loan programs, neither of which approves loans based on your credit history. As long as you are not in default on other federal student loans, you cannot be denied a Perkins or Stafford loan because of bad credit. Find someone who is willing to co-sign a private student loan. Keep in mind that if you default on the loan, the co-signer becomes responsible for paying it off. This can harm your relationship with the co-signer. Delay your training until you can improve your credit score. Review your credit reports and d
