Please Advice on this Terrible Financial Difficulty!!

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TeethVader

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So this is my situation so far,
I have paid my $3000.00 deposit for USC, have sent all the required matriculation docs for the school and have my stafford, perkins etcetc governmental loans taken care of. Problem is, because of my bad credit, I got rejected for a private loan; but, had the choice to have a cosign. My cosign was rejected..so was my loan application. I know my cosign had good credit but owes a ton. My question is this....What determines a good cosigner? I just reapplied for the loan and if I don't make it this time, I will probably not get in to USC after all the hard work I've done...which obviously sucks..please help. By the way, my lender choice for my private loan is Access Group
 
TeethVader said:
So this is my situation so far,
I have paid my $3000.00 deposit for USC, have sent all the required matriculation docs for the school and have my stafford, perkins etcetc governmental loans taken care of. Problem is, because of my bad credit, I got rejected for a private loan; but, had the choice to have a cosign. My cosign was rejected..so was my loan application. I know my cosign had good credit but owes a ton. My question is this....What determines a good cosigner? I just reapplied for the loan and if I don't make it this time, I will probably not get in to USC after all the hard work I've done...which obviously sucks..please help. By the way, my lender choice for my private loan is Access Group

try different loaners... you might have to end up goign with one with higher rates or with fees... but if it means you'll have money to pay.... c'est la vie.