- Joined
- Sep 25, 2015
- Messages
- 40
- Reaction score
- 52
Rising MS2 here and my cosigner has passed away so I need to figure some stuff out.
I have some adverse credit history (charge offs and 2 collections more than $2085 from 3-4 years ago.
I think the law changed recently so I would like to double check that some things are still true:
1) I will qualify for a Grad Plus Loan as long as my balance on charged off accounts within the past two years is less than $2085.
2) The unpaid collection accounts that occurred prior to two years before applying for the loan do not count against me unless they are: bankruptcy, foreclosure, etc within 5 years.
If the two above statements of true then I am all set. However, if they include ALL past charged off accounts I will definitely not qualify.
Thanks!
I have some adverse credit history (charge offs and 2 collections more than $2085 from 3-4 years ago.
I think the law changed recently so I would like to double check that some things are still true:
1) I will qualify for a Grad Plus Loan as long as my balance on charged off accounts within the past two years is less than $2085.
2) The unpaid collection accounts that occurred prior to two years before applying for the loan do not count against me unless they are: bankruptcy, foreclosure, etc within 5 years.
If the two above statements of true then I am all set. However, if they include ALL past charged off accounts I will definitely not qualify.
Thanks!
