Ok, I have applied for a private loan from myrichuncle.com and they told me i was conditionally approved for their loan. I sent all of the paperwork, application, transcript, master promissory note ect all in. Is there any reason I would be denied the loan if they sent me a master promissory note? I didn't ask for a huge amount either $6,000 to get me through next semester.
*Note I do have a Stafford loan, my parents are helping, but we still don't have enough to cover the cost, so please don't bring these ideas up, I would just like an answer to the question. Thanks.
Master promissory note?
A master promissory note is a standard form you fill out for Federal Stafford Loan. If they sent it to you, then it was a requirement for the loan.
Good Luck - I hope you get it.
Master promissory note?
No It sounds like you are approved and good to go.
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