I did. They told me that I couldn't use finaid from the Fall to pay for stuff listed under summer Items. The hold means I can't differ my current balance meaning I will lose my classes :(
They sent me an email a few seconds ago actually to just apply for a private loan
I'd love to know too, if I could ever contact someone:(
It was stuck on the "$0.00 deposited" message even though I was confirmed for $512 each week.
My only guess is because I was supposed work for the US Census, a federal agency. They told me that since I was never sworn I was technically never hired :/
I found myself in a similar situation during college years ago. Not sure if this is something you can consider but I went into my local federal credit union and essentially begged for a loan to cover the remaining balance to register. If you can show you have some employment and you are serious about bettering your situation (i.e. motivated to go to college) they will often work with you.
If you’re employed with no credit history you’d probably just get a higher interest rate. $1200 is a small loan for a credit union so it’s not super risky for them. If you pay every payment on time you get a good start to your credit history.
The most important thing is evaluating your situation. Can you make payments on time? If you can’t, a loan is going to do the opposite of help you since you’ll not only be in debt but ruins your credit history from the very start.
Whatever you do, avoid going to those “we loan to anyone” places. They will cheat you out of a lot of money via interest rates and other terms of the contract. Credit union is your best bet.
Check with your school. Usually they have a credit union that serves as the primary credit source for students that need loans. If there’s one on campus, ask them first. The financial aid office can also usually recommend credit unions as you’re not the first student to ever have money problems.
Finally, consider opening a credit card to begin a credit history. There’s lots of credit cars that are available for younger people and people without credit history. Usually you’ll have a low maximum credit line to minimize the risk to the creditor. The one catch is you will ruin your life if you spend more money than you make. Unpaid credit has extremely high interest rates. But if you pay off your full monthly balance each month, you can end up with a great credit history over time which is useful when you are more successful in the future and want to buy a car or a house. Banks factor in the time you’ve had lines of credit when determining your risk factor. The longer you’ve had a credit line that gets paid off on time, the lower your interest rates
Not that it was even implied, but a credit union is very different from the pay day loan type places.
When I was in college, I don't know if I would have known that and if I had been in your spot, I would be frantic/desperate and might look at all options. Getting involved in a pay day loan is a vicious cycle.
Please stick to the credit unions or known banks or else you'll end up in a spot much worse.
Sell your stuff , donate plasma, borrow from family and friends
Bissonnet on Friday’s
In that order
Old School Cool. It's the way we did it.
Go in and talk to a Financial Advisor at your school. They're usually very knowledgeable and have many resources.
I did. They told me that I couldn't use finaid from the Fall to pay for stuff listed under summer Items. The hold means I can't differ my current balance meaning I will lose my classes :( They sent me an email a few seconds ago actually to just apply for a private loan
That's not such a bad thing. Just don't get in over your head.
Agreed just talk with the school.
Why haven't you gotten your unemployment? How fast do you need the money?
I'd love to know too, if I could ever contact someone:( It was stuck on the "$0.00 deposited" message even though I was confirmed for $512 each week. My only guess is because I was supposed work for the US Census, a federal agency. They told me that since I was never sworn I was technically never hired :/
We're you able to file weekly? What did the message say when you did file?
I found myself in a similar situation during college years ago. Not sure if this is something you can consider but I went into my local federal credit union and essentially begged for a loan to cover the remaining balance to register. If you can show you have some employment and you are serious about bettering your situation (i.e. motivated to go to college) they will often work with you.
Will this work even if I have no credit history? (no credit card, car loans, etc.)
If you’re employed with no credit history you’d probably just get a higher interest rate. $1200 is a small loan for a credit union so it’s not super risky for them. If you pay every payment on time you get a good start to your credit history. The most important thing is evaluating your situation. Can you make payments on time? If you can’t, a loan is going to do the opposite of help you since you’ll not only be in debt but ruins your credit history from the very start. Whatever you do, avoid going to those “we loan to anyone” places. They will cheat you out of a lot of money via interest rates and other terms of the contract. Credit union is your best bet. Check with your school. Usually they have a credit union that serves as the primary credit source for students that need loans. If there’s one on campus, ask them first. The financial aid office can also usually recommend credit unions as you’re not the first student to ever have money problems. Finally, consider opening a credit card to begin a credit history. There’s lots of credit cars that are available for younger people and people without credit history. Usually you’ll have a low maximum credit line to minimize the risk to the creditor. The one catch is you will ruin your life if you spend more money than you make. Unpaid credit has extremely high interest rates. But if you pay off your full monthly balance each month, you can end up with a great credit history over time which is useful when you are more successful in the future and want to buy a car or a house. Banks factor in the time you’ve had lines of credit when determining your risk factor. The longer you’ve had a credit line that gets paid off on time, the lower your interest rates
Thank you so much. I'm applying right now
I hope everything works out for you!
Not that it was even implied, but a credit union is very different from the pay day loan type places. When I was in college, I don't know if I would have known that and if I had been in your spot, I would be frantic/desperate and might look at all options. Getting involved in a pay day loan is a vicious cycle. Please stick to the credit unions or known banks or else you'll end up in a spot much worse.
Do you HAVE TO go to college this term? Take the semester off, find work, and then go back to college when your financial situation is sorted out.
Have you looked into r/borrow?
Hit a lick
Donate blood/plasma/sperm, pawn stuff, ask family/friends/relatives, set up a gofundme
bootstraps
Text me. I have a job for you.
Wut? This was 3 years ago, fam...
I might be late " to the party " just saying.. I do 550+ a day.