Due to the credit crisis, College Loan Corporation is not currently funding student loans. We are working diligently to secure new financing.
Because most students have little or no credit history or income, they often need someone else to co-sign or co-borrow their private loan with them.
To be a good co borrower, you should have:
When a student borrows CLC’s private loan, CLC® Premier Loan™, having a co-borrower:
Apply to have your name removed from the loan after the first 24 months of consecutive on-time payments.
If you're ready to be a co-borrower, just gather this information and apply online for instant preapproval:
Have the student apply first by clicking here. It will only take the student a few minutes and, in most cases, you can co-sign the loan immediately after the student applies.
College Loan Corporation today announced the promotion of Michael Boyd to Chief Operating Officer.