3 ms·
Rates would need to skyrocket to compensate.
by pmiller2 10y ago
Rates would need to skyrocket to compensate.
- aianus 10y agoRealistically the middle class would have their parents co-sign and poor people just wouldn't be able to go to school anymore. Not a great idea.
- thmsths 10y agoThis is basically the french system, the bank does not even look at your credit history/revenue stream if your parents makes a decent amount of money and cosign, however getting a loan without a cosigner is almost impossible.