Well, I will probably have bad credit due to the fact that I cannot possibly pay off 8-10k worth of debt right now, because I only currently have a part-time job which only pays 150 dollars a week. I'm also trying to go to school. I will probably need to take out a student loan in the next 2-3 years, so will I be able to get a bad credit student loan? I know the interest rates will probably be sky-rocket, but it will probably be the only way I can pay for all my schooling.

Please make sure you exhaust all federal financial aid, including loans, before considering private loans. For federal loans, no one will even look at your credit. If you simply must take out private loans, you'll probably have the best luck if you have a cosigner with better credit than yours.

Thanks for the reply. Also, if I need a private loan without a co-signer, are there any for bad credit students? Thanks.

Such a thing does not exist, unfortunately.

Is that really and unfortunately true? Even if you agreed to high interest rates?

If you can't pay because of a "hardship" definitely consider doing a foreberance. This will give you 6 months and will keep it from reporting late. By then you might be able to default your current loans because you'll be in school again.