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Here's what you have to do to qualify for better loan rates
Pat, you will need to look at alternate ways to finance the education. You could apply for a Student Line of Credit but they may require your parents to co-sign. You may qualify for a personal loan on your own depending on your credit. Your lack of job stability will be a contributing factor in their decision.
Alternatively, you could look for scholarships and bursaries. Of course, none of these are certain but in this specific case, there aren’t many good options. But even so, I think the Student Line of Credit is your best option.
Debbie Gillis is a Credit Counselling Co-ordinator with Resolve Counselling Services Canada in Kingston, Ont.
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