Tuesday, May 26, 2020

Student Loans for Little Kat

Little Kat finished his spring semester at community college. He signed up for summer and fall classes. Now he needed to figure out how to pay for college. Previously he took out some personal loans. The problem with them is that he has to immediately start making payments on the loan. That is not fun as he is still in school.

So Little Kat inquired with the college how he could get some loans that you don't have to start paying until you graduate. He found a bank that would lend him money under such an agreement. The only problem is that the bank said that Momoko's credit was tapped out. She could not co-sign for him.

This is where I enter the picture. Little Kat has a plan. He wants to get into a lucrative program at community college. If he does, he can get a certificate in 2 years and get a good job directly after that. I had to co-sign his loan so he could move forward with this plan. The loan is just for the summer and fall of this year. There will be further loans in the future.

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