Do you need student loans to finance your college education but afraid you won't get qualified since you have bad credit? Thankfully, there are lots of student loans available to students in Scales Mound that are designed particularly for people with poor credit. Even if you have late payments on your credit report, there are college loans available that will meet your needs. Call our experienced representatives right now for more info and to get the best student loan rates in Scales Mound. There are several Scales Mound student loans that are a valid option for you. Many students are unable to receive a loan without a consigner. For those who no longer need that cosigner you'll be able to have them sign a release. In this situation, you'll be able to take over the full responsibility of the loan, thus liberating your cosigner from their duties. After you've made several on-time payments, you then become the sole owner of the loan. A Stafford loan is a government-secured student loan offered to graduate and undergraduate college students at rates much lower than other traditional loans. Unlike many other student loans in Scales Mound, a Stafford loan doesn't require credit checks or collateral that other loans require. If you stay in school at least half time, you will not be required to make payments until after you graduate. With a slow economy and rising tuition costs, Stafford student loans in Scales Mound are a great option for poor students. Whether or not you're a graduate or undergraduate, you can consolidate your student loans through Illinois consolidation loans. A lot of Scales Mound loan companies encourage you to merge your loans to save money. Student loan consolidation programs let you roll your entire outstanding student loans into one, low monthly payment. Reduce your montly payment by as much as 50 percent with student loan consolidation. Consolidating your Scales Mound student loan enables you to lock in low interest rates, bundle your high-interest federal student loans into one low monthly payment, and put more money into your pocket. Additionally, Scales Mound education loan consolidation programs do not usually charge prepayment penalties, origination fees or application fees. Generally, you can complete a simple, online application to apply for a loan consolidation, making it a simple, affordable way to reduce your student loan payments. Call our associates now for more information on student loans and consolidation in Scales Mound.