I was conditionally approved for a chase student loan, I have no credit and no cosigner. What are my chances?

Question

Do i need a cosigner to get a final approval?

Answer 1

chances are yes. you will probably need a cosigner who has good credit to get the final approval. then the cosigner will have to go through a process as well.

Answer 2

A conditional approval is just that an approval with conditions.

If one of those conditions is a credit worthy co-signor, then you will not be approved until you provide a co-signor that passes the Chase credit requirements as well as any other conditions. A conditional approval really isn't worth the paper its printed on, as there are many ways a lender can back out of any loan based on one of the conditions listed.