What are the credit requirements for a Student Loan cosigner?


Last Updated: April 30, 2022

Exact credit requirements are proprietary.

As with any kind of loan, a good credit history helps ensure eligibility and interest rates on private student loans tend to be lower for those with better credit scores. Individuals with poor credit history may not be able to take out parent loans or cosign a private student loan for college students.

Private lenders each have their own application process, eligibility requirements, and interest rates are determined by credit and other financial criteria.

We do offer a pre-qualification tool to tell students and cosigners if their credit scores qualify, and what interest rates they can expect from us before they apply.  Plus, using the tool won't impact your credit score. Pre-qualification isn't a full review or guarantee, but it may help you decide if you want to submit a full application. 

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