Bankruptcy Question & Answer Forum - Canada

Author:		Matthew
Date:		December 5, 2005
Question:		Hello. I was discharged from bankruptcy in 2002. I am thinking of applying for canada student loan to go back to university (I have never had a student loan before). I understand that I have to pass a credit check, and I ask: 1. would i still be rated an r9 at this time? (assuming I have not improved my credit since, but neither have I done anything to poorly mark it. 2. is this the same credit criteria that is used when in comes to canada student loans? If I am inneligable, at what point will I become so? Your answer is greatly appriciated, and I think this is a very valuable web-site. Thank you.
From:		Bruce, Alger & Associates Inc.
Date:		December 5, 2005
Answer:		Matthew, I think you are going to need to get a credit check from the raters yourself. They can be contacted using the information on our website on Credit Ratings. As for Canada Student Loans, they have their own criteria for making loans and you will need to talk directly to them. Good luck with the schooling. Bruce Alger phone: (403) 296-2970 balger@alger.ca