Student loans without cosigner are important for citizen who want to get a loan and don`t have anyone to help cosign a student loan.
If you want to get a student loan, there are two choices, federal loans and underground loans. Federal loans such as the Stafford loans don't need any cosigner. However, if you want to get underground loans, you will need a cosigner if you have bad prestige or no prestige at all.
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A student may want a underground loan because quite often the federal loans don`t cover the full cost of tuition. Other students may be unable to get a government loan. In this case, this choice is only to get a underground loan. If you happen to have good credit, then getting a underground student loan with no cosigner is of course possible. However, if like most new college students, you don`t have good credit, you will need a cosigner. Any way for some students, this is impossible. Maybe you don`t have any family to help cosigner or maybe you don`t want someone else to be held liable for your own debt.
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