. I found this description of the credit qualification on the federal student aid website:
"You are considered to have an adverse credit history if you are 90 or more days delinquent on any debt or if, within 5 years of the date of the credit report, you have been the subject of a default determination, bankruptcy discharge, foreclosure, repossession, tax lien, wage garnishment, or writeoff of a Federal Student Aid debt (for example, a Direct Loan or Federal Stafford Loan)."
... I'm in my junior year of undergrad and i'm just now starting to pay off creditors whom i've left in the dark for the last year or so since I lost my last job. Thats about as bad a credit report I have.. now considering if I were able to pay off these creditors by the end of the year and keep away from any new lines of credit would I qualify for the gradplus in two years or so when I apply for med school?
"You are considered to have an adverse credit history if you are 90 or more days delinquent on any debt or if, within 5 years of the date of the credit report, you have been the subject of a default determination, bankruptcy discharge, foreclosure, repossession, tax lien, wage garnishment, or writeoff of a Federal Student Aid debt (for example, a Direct Loan or Federal Stafford Loan)."
... I'm in my junior year of undergrad and i'm just now starting to pay off creditors whom i've left in the dark for the last year or so since I lost my last job. Thats about as bad a credit report I have.. now considering if I were able to pay off these creditors by the end of the year and keep away from any new lines of credit would I qualify for the gradplus in two years or so when I apply for med school?
