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      fixing your 10-year-old car, but you need a way to get to work so you need a car loan—fast! Or suppose your house has a damaged roof and the cost of repairs exceeds your savings. To resolve emergency situations like these while continuing to manage your existing financial obligations, you’ll need good credit and good money management skills.

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      However, you must demonstrate financial need for some loans, like the Federal Perkins Loan or the Federal subsidized Stafford Loan. Other loans, such as the Federal unsubsidized Stafford loan and the Federal Parent PLUS loan, do not depend on financial need. Private student loans may depend on your credit history. To find out more about loans ...

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