No-Credit-Check Student Loans: What You Need To Know

adult learners

January 6, 2025 – In an article for Credible about options for no-credit-check student loans, Stacey MacPhetres, senior director of education finance at Bright Horizons, shares insight on alternatives to no-credit-check student loans to cover education costs. 

“A student receives education funding and contractually agrees to repay based on a percentage of their future salary for a defined period of time,” says Stacey MacPhetres, senior director of education finance at Bright Horizons.

Just keep in mind: This percentage-based payment has a drawback. “As your salary increases, so, too, would the payment,” MacPhetres says.

Read the full article here