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One of my students (higher ed) has just asked me about obtaining a personal loan without collateral or a co-signer. They aren’t close with anyone that would act as a co-signer, and essentially have nothing, as they’re about to graduate college. They’re not in a position to “move home” either. I suggested talking with a loan officer at their bank to discuss options for people in that situation, but apparently they were met with laughter instead (which I then suggested to call another branch and get someone else on the phone). I also suggested talking with the Financial Aid department and/or Career Services in our institution. What do people do in this situation? Is there anything else I can tell this student to steer them in a helpful direction?



Submitted November 30, 2020 at 07:34PM by miss-chief https://ift.tt/2VjJA8X

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