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#16
07-04-2010, 12:04 PM
Senior Member
From Southern California
Joined in Jun 2009
260 posts
xav1er07
Quote:
Originally Posted by piratedream View Post
Hey, I'll just post it and see if it works for any of you. The thing is that you will not be applying yourself, the US citizen will, and they'll be the one's getting the money. Like I said, they'll be sticking their necks out pretty far for you. Their credit is on the line, and if you can't pay then they'll basically have to take up all the costs. They'd apply as a "sponsor" and get the money directly, and then could use it to pay off your tuition and costs. I haven't tried it yet, but it seems sound in theory, we'll see how it goes.

https://www.wellsfargo.com/student/loans/index#parents

The way my parents and I plan on doing it is to get the loan through an citizen that's family, use , it to pay tuition, then make the payments online from our bank account if possible, and if not then through the citizen. Like I said, all theory for now, haven't tried it. I also realize it may not be helpful for many of you, since you may not have access to a trustworthy citizen, but I hope it helps some of you.
huh this loan might actually work with a credit worthy u.s. citizen......well i can try it sometime around fall 2011 if someone can try it before then that be great to know the outcome...if someone does try it call and ask how much does the co-signer need to make and does she/he need to own a home???.......that be great....thanks....and u too for looking up this loan this loan might work for every dreamer who has a credit worthy co-signer.......best of luck.......
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