Can I get a student loan while paying a current car loan?

I have a little less than $5000 more to pay off on my car loan. I am trying to get accepted to a good 4 year college (one that is going to cost me about $36,000 a year). I am currently entering my second year of community college. I want to get a $40,000 loan. My credit score is about 730. Would getting a $40,000 loan for my junior year and another $40,000 loan for my senior year be a problem? Also, is it legal for me to use $5000 of the first loan to pay of my car loan?

SCAM ALERT!!! BEWARE of the ADVANCE FEE SCAM, NIGERIAN 419 SCAM!! NEVER pay upfront fees for any loan!Stay Away from private internet lenders wanting $ up front.IT’S A SCAM if they want fees upfront.REPORT THESE FRAUDS TO THE IC3 division of the FBI and to yuor states ATTY. GENERALS office.

Comments

  1. ladybug Said,

    Yes you can.. It is possible. I did it. The money left over after your school fees are paid you get to keep. I use it to pay bills or to live off of. It doesn’t matter what you do with it because in the long run you will have to pay it off anyway.
    References :

  2. timpoli Said,

    Sure, I found interesting information about your answer, college loans, scholarships, college grants & partime works here.http://all-student-loan-consolidation.blogspot.com/2007/07/college-loan-consolidation.htmlGood luck!
    References :

  3. lighthouse Said,

    SCAM ALERT!!! BEWARE of the ADVANCE FEE SCAM, NIGERIAN 419 SCAM!! NEVER pay upfront fees for any loan!Stay Away from private internet lenders wanting $ up front.IT’S A SCAM if they want fees upfront.REPORT THESE FRAUDS TO THE IC3 division of the FBI and to yuor states ATTY. GENERALS office.
    References :

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