I was approved for a grad plus loan just last week and I have about 3 open collections on my file, one of which is as recent as May 2010. I also have 2 charge-offs that are about to fall off in a couple of months. I applied through the school's financial aid office and had no problems. I was actually pretty surprised they approved me without a cosigner.
thinking of applying with spouse as joint applicants because my income alone is lower than both combined. we have the same bills. thanks in advance!!! Credit Application: Your Age? 34 spouse 27 Your Equifax Credit Score? 678... spouse 610 Your Experian Credit Score? Unknown Your TransUnion Credit Score? 698... spouse 638 How many years have you been on file with Equifax? 5 years... spouse 8 years How many years have you been on file with Experian? 5 years... spouse 8 years How many years have you been on file with TransUnion? 5 years... spouse 8 years YOUR PREVIOUS AUT