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The Latest

Can I Settle My Private Student Loan Debt? – Tim

Alone and Lost

“Dear Steve, Unemployed for two years after college, defaulted on one of my private student loans, delinquent on others. Credit is already terrible. I have three private student loans, one of which I have already defaulted on. I recently came in to some money and want to use it to wipe out my student loan debt, or at least as ... Read More »

    Sallie Mae Won’t Lower My Payment So I Can Afford It. – Kristen

    hiding

    “Dear Steve, I have both federal and private loans through Sallie Mae. I used my private loan to pay for housing for my child and I. Sallie Mae is working with me in paying back my federal loans by using the income based repayment alternative. However they will not lower my monthly payment on my private loan to an amount ... Read More »

      The Most Unique Debt Relief Help Wanted Ad Ever

      family portrait

      The debt relief industry never ceases to amaze me. A big hat tip goes to Damon Day for pointing out this help wanted advertisement to me. This one is certainly unique. Here is a debt relief company that starts off by calling all the other schemes we’ve lived through, scams. “TIRED OF SCAMS YET? Help Families &Make $$$ Student Loan ... Read More »

        Will Our Second Mortgage Vanish After Our Chapter 13 Bankruptcy? – Lisa

        Mature woman confused

        “Dear Steve, My husband and I filed a CH13 in efforts to save our home. 2nd mortgage was stripped and court. 4 months into bankruptcy, trustee felt we could pay 100% of debt which we would be paying a lot more than what we were originally paying overall. We pulled out of BK and got a modification for our home. ... Read More »

          Stop Gambling With Your Debt. Get Health Insurance.

          risk

          People who don’t like to gamble and think it is stupid, gamble every single day with the biggest debt they may ever owe. But then again people are not the most logical creatures. Some would no more consider wasting money on lottery tickets because the odds of winning are so low but they gamble by not having health insurance because ... Read More »

            How Can I Live and Repay My Student Loan Debt? – Ben

            Desperate

            “Dear Steve, I’ve been reading through your blog articles for a few nights now. Yet, I find myself falling outside the range of your advice so far. If you have to time, I would love to pick your brain about my debt situation. CreditKarma notes I have $123,000 in student loan debt, with a credit score of 590. I have ... Read More »

              2013 Nationwide Debt Reduction Plan Mailer is for Debt and Student Loans

              debt reduction mailer

              As part of my I Buy Junk Mail program I received the following mailer that appears to be for an advanced fee debt settlement program called the 2013 Nationwide Debt Reduction Plan. The outside of the mailer looks like an official self mailer and has the familiar postal permit 1297 from Sacramento, California. The inside of the mailer appears to ... Read More »

                Can I ConsolidateAll My Student Loans Into a Federal Consolidation Loan? – Jules

                Debtstar

                “Dear Steve, I am at the very end of the grace period since I graduated, and will owe a total of $47,000 in student loans (all are government ED loans both Direct and Stafford unsubsidized and subsidized). The Direct loans are being serviced by Great Lakes, and until I call them I don’t know what the payment(s). The Stafford loans ... Read More »

                  QuiBids – Consumer Complaint – November 30, 2013

                  customer service feedback

                  Consumer Statement: Quibids is deceptive in opening account without providing up front information as majority of legitimate business practice such as $60 automatic fee. After reviewing a national news report regarding Quibids, I decided to look into their service. In order to do so, you are requested information including your bank account without clear statement or information, stating your are ... Read More »

                    Student Loan Assistance Center Marketing Mailer – I Buy Junk Mail

                    Student Loan Assistance Center

                    Susan sent in the following mailer to me from a generic sounding company, Student Loan Assistance Center. She also noticed the letter had the same Judy Pratt signature as other debt relief mailers have. The last one I covered was from the Debt Reduction Department. Click here. For those who may not know, I Buy Junk Mail so be sure ... Read More »

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