can i apply for a student loan at a bank to pay off my old tuition bill?
i have an old college tuition bill i never fully paid off last yr for one semester n now i would like to go back to college but i have my bill from letting me to go any further if i have an account at a high bank like wells fargo or bank of america etc. can i apply for a student loan in the amount of my bill to payoff my bill?
sure you could. but in this economy its doubtful. your credit score has to be 720 or above. why would you want to take out more debt to pay off old debt? it wont get you anywhere. so maybe focus on paying the school back with your money and then applying for financial aid to go back to school. that way you dont have to pay back a bank with a high interest rate.
