Anyone familiar with private loans and how hard it is to obtain one?
I will be starting an LPN program in September. I have not filled out the FAFSA yet, but am worried that financial aid/federal loans will not cover the full cost of tuition and books.
My question is, other than your credit score, do they look at your salary and length of time at your job in deciding to give you a private loan? I have a pretty decent credit score (710) but I just recently started a new full-time job, which I've only been at for a couple of months now. However, I've been at my part-time job for over 2 years now, although it is only part-time. Does anyone know if the length of your current employment is a determining factor?
Thanks in advance!