Credit rating and student loans?

Jeros

Part of the furniture
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Dec 27, 2003
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Does anyone know if your credit rating effects if you can get a student loan or not? mine is not great and im worried that i will not be able to get a student loan for when i start un-ay
 

Ormorof

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anyone studying at university in UK is entitled to the minimum loan (tuition loan and maintenance, tuition loan goes straight to the uni, and is whatever your tuition fee is, maintenance is meant for rent and stuff and is about 3k a year), if you apply for income-assesed however it may influence their assessment (but even if you are rejected for income assessed you will still get minimum)

they dont check credit rating (afaik) since most uni starters simply dont have one hehe
 

Jeros

Part of the furniture
Joined
Dec 27, 2003
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1,983
anyone studying at university in UK is entitled to the minimum loan (tuition loan and maintenance, tuition loan goes straight to the uni, and is whatever your tuition fee is, maintenance is meant for rent and stuff and is about 3k a year), if you apply for income-assesed however it may influence their assessment (but even if you are rejected for income assessed you will still get minimum)

they dont check credit rating (afaik) since most uni starters simply dont have one hehe

I thought that might be the case, i could not find any info anywhere tho. I think part of my bad credit rating is that although i have only a few black marks there is no good marks to outweigh it as im only young :p
 

Laddey

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May 24, 2005
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credit rating effects anything i think.

I tried for a loan and i never got one. I tried for one at a loan shark and he never gave me one!
 

Mey

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Apr 9, 2005
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Student loan's are not affected by credit rating nor do they affect credit rating (iirc - as the money to pay them is taken directly from you're wage).
 

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