2 Responses to “Best Student Loan for online college?”

1. Amber Marie says:

   2010/11/04 at 20:24

   There are not any unless it is not actually a student loan. You can get a personal loan, but they send it to the school for a reason, they cannot trust you to not spend it.
2. NotAnyoneYouKnow says:

   2010/11/04 at 21:00

   Omega:

   This is known as a “non-certified” educational loan. To the best of my knowledge, the only major lender that is offering this type of loan right now is Wells Fargo – they call this their Education Connection loan.

   I will warn you that it is very difficult to be approved for this loan without a cosigner. Lenders consider this type of loan to be “high risk”, and they’re very, very picky about which applicants they approve. If you have extraordinarily high income and a surprisingly well-established and positive credit history for a college student, you may be approved for a non-certified loan without a cosigner. If you’re a typical college student, I can pretty much guarantee that you’ll need a very high credit cosigner to be approved.

   Generally, though, the “best” loan is the one offered by any legitimate lender that will approve you for an educational loan. Though certified loans are somewhat more available than non-certified forms of borrowing, it still takes really solid income and assets and a great credit history to be approved for a student loan in the very tough current borrowing market.

   Good luck!