Who does Grad Plus Pull?

[Ishie]

I know they aren't score based, but they need to get a credit report from somewhere.

 

I have extended Fraud Alerts on two of the three CRAs. TU removed instantly, I'm awaiting response from EX, and I'm fighting tooth and nail with EQ (filed an FTC complaint on their butts already)

 

I'd like to get my loans going as quickly as possible to determine whether Crap One's listing (on EQ and EX) will harm me as a current problem, but I can't apply with a FA.

 

Anyone know who they pull? I couldn't find anything in the Creditpulls database.

 

Thanks!

[LynnInMN]

What credit report they pull completely depends on who guarantees the loan. Any of the FFELP lenders can do Grad Plus as can Direct Loans.

 

Basic Credit requiresments for a Grad Plus Loan.

 

Basic credit check: Borrower cannot be 90 days or more delinquent on the repayment of any debt or the subject of a default determination, bankruptcy discharge, foreclosure, repossession, tax lien, wage garnishment or write-off of a Title IV debt during the last five years.

[Ishie]

Oh, okay, I understand now!

 

https://plusloans.fastproducts.org/FastPlus...hoolNr=02233300

 

Any idea who College Solutions Network pulls then or any of the lenders that pull Transunion?

 

Thanks again!

[LynnInMN]

You probably want to get your Grad Plus loan from the same lender/guarantor your current loans are with. It will make life so much easier for you if all your loans are in the same place.

[Ishie]

My previous loans are all federal.

 

Sigh... I applied through NY Bank for the GradPlus and got instantly rejected, though they pulled my TU, my highest score, which has only one paid CO on it, so now I'm at a complete loss as to what to do, and am freaking out because I've got six weeks until I'm due to report to medical school on Grenada, and if I don't have loans, I won't be able to be a doctor. Simple as that.

 

I'm not sure if applying through different lenders for the GradPlus will help... sigh...

[ready4biz]

2011 Update: All Grad Plus loans are now Direct (Federal) Loans. So Uncle Sam is everyone's lender for all student loans. (Side point: See posts about how Subsidized Federal Student Loans for graduate students go away after July 2012.) They do a pull but the formula is based on credit-worthiness in relation to student loan/academic debt (so they claim). My 'pull' was done through CSC Credit Services in TX. **shudder** Glad I was approved.

[KreditKid]

I've done a couple Grad Plus loans and they have always pulled EQ.