if i get a student loan and buy a car with it and get caught, could i go to jail?
i really need a car to get to school, and applied for a student loan from Astrive. they gave me 30k, and was woundering if i could buy a car with the money with out getting in trouble.
thanks, i’m 18 and just getting started with my life, and don’t need to be in any kind of trouble. but my parents said they could pitch in with help of buying me a car, and also could help a bit with my education. but couldn’t pay for all of it, thats why i was getting a loan, but i was scared of comitting loan fraud or somthing like that, and go to jail.
yea i can pay it off, the agreement was to pay it off by 2013, when i am expected to graduate. i am going into nursing so it will take a bit longer for me, but my parents said if i couldn’t pay it off by then , they will. and i’ll pay them when i get a good job going on for me.
As long as you pay the money back, I’m sure they won’t complain. You will still have to prove that you’re attending school, otherwise the repayment starts sooner.
