# loan info **URL:** \ **Category:** NYSpeed Off Topic\ **Created:** [September 17, 2006, 6:14pm UTC](https://forums.speedlife.net/t/loan-info/17601 "2006-09-17T18:14:54Z")\ **Posts on this page:** 20\ **Page:** 1
**Author:** ![woz](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/woz/32/7605_2.png) [@woz](https://forums.speedlife.net/u/woz)\ **Post date:** [September 17, 2006, 6:14pm UTC](https://forums.speedlife.net/t/loan-info/17601/1 "2006-09-17T18:14:54Z")
ok so im trying to sell my car, but it doesnt look like its going to happen before i have to put it away for the winter, but i found the bike i wana buy and can get an awesome deal on it. now what im thinking i can do is take out a student loan to buy the bike, and then come spring sell the car and just repay the student loan. i already have a student loan from ub, is there anyway i can get more? or would i have to wait another semester? also, i rly dont have any credit, so will i have to have a co-signer? the thought behind this is my student loan will not be hit with interest until i graduate, in 4 years, so my car will be long gone b4 then and i wont get hit with any interest. my questions are i guess, will this work? any big downsides? and good banks to go to for this loan?? or add on to my current loan? ---
**Author:** ![MikeRi24](https://avatars.discourse-cdn.com/v4/letter/m/57b2e6/32.png) [@MikeRi24](https://forums.speedlife.net/u/MikeRi24)\ **Post date:** [September 17, 2006, 6:17pm UTC](https://forums.speedlife.net/t/loan-info/17601/2 "2006-09-17T18:17:04Z")
u should be able to get more. i just have one student loan that i add onto every semester o and how do u think i paid for a big chunk of my new engine? šŸ˜‰ ---
**Author:** ![woz](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/woz/32/7605_2.png) [@woz](https://forums.speedlife.net/u/woz)\ **Post date:** [September 17, 2006, 6:50pm UTC](https://forums.speedlife.net/t/loan-info/17601/3 "2006-09-17T18:50:45Z")
yea but more before next semester? ---
**Author:** ![ILCisDEAD](https://avatars.discourse-cdn.com/v4/letter/i/a87d85/32.png) [@ILCisDEAD](https://forums.speedlife.net/u/ILCisDEAD)\ **Post date:** [September 17, 2006, 6:58pm UTC](https://forums.speedlife.net/t/loan-info/17601/4 "2006-09-17T18:58:34Z")
ummā€¦ you get 1500 per sem as a fresh, 3500 for soph, and 5500 as a junior and beyond. they donā€™t let you take more than thatā€¦ its all by the amount of credits you have. getting a bike on a loan through a bank is probably not the greatest ideaā€¦ especially nowā€¦ with the winter coming. paying that interest until spring would be badā€¦ if possible I donā€™t think getting the bike now is a good ideaā€¦ although an awesome deal on a bike, sounds like its a now or never thing. Just factor in the idea of you being able to afford the bike with out being able to sell the carā€¦ if you can do that comfortably then hell go for it. for a co-signerā€¦ i think if they have the bike as collateral youā€™ll be ok ---
**Author:** ![woz](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/woz/32/7605_2.png) [@woz](https://forums.speedlife.net/u/woz)\ **Post date:** [September 17, 2006, 7:01pm UTC](https://forums.speedlife.net/t/loan-info/17601/5 "2006-09-17T19:01:10Z")
1500/sem for fresh? i alrdy have like 5000, from a private bank or w/e tho, not through the school, and i know what you mean about the interest over the winter, im looking to do it through a school loan so i dont have to worry about interest ---
**Author:** ![RedGoober4Life](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/redgoober4life/32/7610_2.png) [@RedGoober4Life](https://forums.speedlife.net/u/RedGoober4Life)\ **Post date:** [September 17, 2006, 7:01pm UTC](https://forums.speedlife.net/t/loan-info/17601/6 "2006-09-17T19:01:29Z")
I wasnā€™t able to get a loan for school without a cosigner (well, other than federal)ā€¦ I would have needed a cosigner. This was Key, but Iā€™m sure they all go through Sallie Mae. ---
**Author:** ![ILCisDEAD](https://avatars.discourse-cdn.com/v4/letter/i/a87d85/32.png) [@ILCisDEAD](https://forums.speedlife.net/u/ILCisDEAD)\ **Post date:** [September 17, 2006, 7:05pm UTC](https://forums.speedlife.net/t/loan-info/17601/7 "2006-09-17T19:05:20Z")
> [@originalsin](#): > > 1500/sem for fresh? i alrdy have like 5000, from a private bank or w/e tho, not through the school, and i know what you mean about the interest over the winter, im looking to do it through a school loan so i dont have to worry about interest interest still builds up you just donā€™t have to pay til you graduateā€¦ the loans i was talking about weā€™re the officialy federal loans. Also i really donā€™t think a financial institution would let you take out more than you actaully need for school ---
**Author:** ![slacker127](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/slacker127/32/7378_2.png) [@slacker127](https://forums.speedlife.net/u/slacker127)\ **Post date:** [September 17, 2006, 7:12pm UTC](https://forums.speedlife.net/t/loan-info/17601/8 "2006-09-17T19:12:32Z")
yo andy i got a loan for the honda build when i was like 17 from citi bank i just had ma dukes co-signā€¦4 years later still payin and i havā€™nt seen that car in 2 yearsā€¦But if your more responsable then me go for itā€¦ ---
**Author:** ![66impalass](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/66impalass/32/7429_2.png) [@66impalass](https://forums.speedlife.net/u/66impalass)\ **Post date:** [September 17, 2006, 7:13pm UTC](https://forums.speedlife.net/t/loan-info/17601/9 "2006-09-17T19:13:51Z")
I just took out a student loan to cover moving expenses and furniture and what nots I needed, like a 42" plasma, you can take a private student loan, all you need is proof of employment, driver liscense copy, and proof on enrollment, than they send you a check for the amount of the loan. ---
**Author:** ![ILCisDEAD](https://avatars.discourse-cdn.com/v4/letter/i/a87d85/32.png) [@ILCisDEAD](https://forums.speedlife.net/u/ILCisDEAD)\ **Post date:** [September 17, 2006, 7:14pm UTC](https://forums.speedlife.net/t/loan-info/17601/10 "2006-09-17T19:14:59Z")
> [@66impalass](#): > > I just took out a student loan to cover moving expenses and furniture and what nots I needed, like a 42" plasma, you can take a private student loan, all you need is proof of employment, driver liscense copy, and proof on enrollment, than they send you a check for the amount of the loan. ummā€¦ more info on this please??? i would love to pay off some debts ---
**Author:** ![woz](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/woz/32/7605_2.png) [@woz](https://forums.speedlife.net/u/woz)\ **Post date:** [September 17, 2006, 7:16pm UTC](https://forums.speedlife.net/t/loan-info/17601/11 "2006-09-17T19:16:10Z")
ok well i am employed at a place but do not work there, lol i just told them i would maybe work a few days here and there over the winter, so hows the gonna work? on a side note i think i may have my boss ā€œlay me offā€ and collect unemployment, its a pool store so i mean, its not liek theres anywork once winter hits. ---
**Author:** ![RedGoober4Life](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/redgoober4life/32/7610_2.png) [@RedGoober4Life](https://forums.speedlife.net/u/RedGoober4Life)\ **Post date:** [September 17, 2006, 7:18pm UTC](https://forums.speedlife.net/t/loan-info/17601/12 "2006-09-17T19:18:23Z")
just get one or both of your dukes to cosign. simple. šŸ˜• ---
**Author:** ![woz](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/woz/32/7605_2.png) [@woz](https://forums.speedlife.net/u/woz)\ **Post date:** [September 17, 2006, 7:24pm UTC](https://forums.speedlife.net/t/loan-info/17601/13 "2006-09-17T19:24:42Z")
ehh, they arent to fond of the idea of me getting a bike ---
**Author:** ![RedGoober4Life](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/redgoober4life/32/7610_2.png) [@RedGoober4Life](https://forums.speedlife.net/u/RedGoober4Life)\ **Post date:** [September 17, 2006, 7:28pm UTC](https://forums.speedlife.net/t/loan-info/17601/14 "2006-09-17T19:28:54Z")
Okay so I have a plan. You know that round little booth thing in Capen? Okay. So we get one of those one-person-put her up tents. Then we get tarps and enclose it. Then I will give peopleā€™s fortunes. At night weā€™ll find some Long Island hussy to work for the money and well, weā€™ll just buy her peanut butter or something. In a kong. That should keep her occupied while we make off with the money! ---
**Author:** ![66impalass](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/66impalass/32/7429_2.png) [@66impalass](https://forums.speedlife.net/u/66impalass)\ **Post date:** [September 17, 2006, 7:37pm UTC](https://forums.speedlife.net/t/loan-info/17601/15 "2006-09-17T19:37:09Z")
> [@ILCisDEAD](#): > > ummā€¦ more info on this please??? > > i would love to pay off some debts uhm apply for a student loan when you are enrolled in school?!? not that hard, I had no other loans and my schooling paid for, i just did not have the money to cover moving down here. I am still technically enrolled at RIT due to co-op bullshit that I need to finish, ie them not counting all of one. I applied for a loan through chase, gave them my proof of enrollement, had a cosigner, filled out the form, mailed it, two weeks later I got a really big check which most is in an ameritrade account right now. ---
**Author:** ![brent\_strong](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/brent_strong/32/7203_2.png) [@brent\_strong](https://forums.speedlife.net/u/brent_strong)\ **Post date:** [September 17, 2006, 8:19pm UTC](https://forums.speedlife.net/t/loan-info/17601/16 "2006-09-17T20:19:43Z")
Iā€™d say get a damn job and donā€™t leech off of the system. And donā€™t spend beyond your means. But, hell, what sense does that makeā€¦ ---
**Author:** ![ILCisDEAD](https://avatars.discourse-cdn.com/v4/letter/i/a87d85/32.png) [@ILCisDEAD](https://forums.speedlife.net/u/ILCisDEAD)\ **Post date:** [September 17, 2006, 9:05pm UTC](https://forums.speedlife.net/t/loan-info/17601/17 "2006-09-17T21:05:30Z")
> [@66impalass](#): > > I applied for a loan through chase, gave them my proof of enrollement, had a cosigner, filled out the form, mailed it, two weeks later I got a really big check which most is in an ameritrade account right now. you didnā€™t mention the cosigner firstā€¦ I assumed you did this with out a cosigner thats why I was soo interested ---
**Author:** ![woz](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/woz/32/7605_2.png) [@woz](https://forums.speedlife.net/u/woz)\ **Post date:** [September 17, 2006, 9:16pm UTC](https://forums.speedlife.net/t/loan-info/17601/18 "2006-09-17T21:16:28Z")
> [@brent\_strong](#): > > Iā€™d say get a damn job and donā€™t leech off of the system. And donā€™t spend beyond your means. But, hell, what sense does that makeā€¦ well being that my job is seasonal and wont rly be around much longerā€¦ i know what your saying tho idk, if i could i would, but im not sure if ill be able to ---
**Author:** ![ILCisDEAD](https://avatars.discourse-cdn.com/v4/letter/i/a87d85/32.png) [@ILCisDEAD](https://forums.speedlife.net/u/ILCisDEAD)\ **Post date:** [September 17, 2006, 9:35pm UTC](https://forums.speedlife.net/t/loan-info/17601/19 "2006-09-17T21:35:46Z")
I say focus on school get good grades and leech off the system when you can but hell what sense would that make to focus on school and get good grades and a good job, and look to the future, and be happy later in life ---
**Author:** ![fbrendan](https://avatars.discourse-cdn.com/v4/letter/f/d26b3c/32.png) [@fbrendan](https://forums.speedlife.net/u/fbrendan)\ **Post date:** [September 17, 2006, 9:38pm UTC](https://forums.speedlife.net/t/loan-info/17601/20 "2006-09-17T21:38:44Z")
> [@ILCisDEAD](#): > > you didnā€™t mention the cosigner firstā€¦ I assumed you did this with out a cosigner > > thats why I was soo interested You can. [educationone.com](http://educationone.com) There are a few built cars running around here from that site. 20 minutes on line, 5 minutes to fax signatures, and one week later $$$. (Not the best rates though.) [Next page](https://forums.speedlife.net/t/loan-info/17601.md?page=2)