One of the ways of getting student loans is to get private student loans. If you need financial help and are not qualified for federal student loans, you might think about getting private student loans from lenders and non-governmental banks. In the USA, there are plenty of private student loans lenders. Each of them has different approval criteria. Nevertheless, to get private student loans, you have to meet specific requirements. We are providing you with general requirements of getting private student loans. These are:

  • You have to be USA citizen; most of the private lenders are not inclined to give student loans to the non-citizens.
  • You have to be at least 18. In many states, this number can be 19 or even 21 to get a private student loan.
  • You must have a good income. Most of the loan lenders prefer to give loans who earn more than $25,000 a year.
  • You need to have a good credit history. Continue reading