Being an undergrad isn't easy. You not only have to juggle attending classes (and possibly working part-time) but you also have to earn enough income to cover expenses. Sometimes, you may need to borrow cash in order to purchase essential supplies that normal financing opportunities don't cover.
Boro offers personal loans that meet such needs, all of which can be obtained through an easy and convenient process. But…
What does a personal loan do?
A personal loan is a quick and easy way to get the money needed to cover expenses or pay off debts. This effective method of bridging financial gaps can make it easier to build credit by showing lenders you possess a history of timely payments, which will further help your credit score over time.
You may have taken out student loans during your college years for tuition and housing. However, they do not cover all expenses and that is where personal loans come in.
Let's suppose, for the sake of example, you accidentally break your roommate's Keurig K-15 coffee maker and offer to buy them a new one. The only problem is you don't have enough money. So what do you do? Get cash from Boro, the best personal payment plan for students.
You can get a personal loan from Boro without the hassle of applying with lenders who require a credit score, cosigners, or proof of income. Institutions that require these indicators generally omit full-time students from borrowing because they may be unemployed.
Undergrads may not have much of a financial history, which makes it difficult to find borrowing opportunities. Boro has different requirements than most lenders, primarily due to our unique underwriting system, which does not look at traditional financial indicators.
International students can also apply for borrowing opportunities. An easy process can provide students with at least a 2.0 GPA with up to $3,000. The funds can be dispersed within as little as two days, even for those applying with no social security number. Contact us today with any questions you have and start the application process now.