Tag Archives: private student loan
- I Had to Put Expenses on Credit Cards While in College. – John
“Dear Steve, Graduated college in 2006, have made all my student loan payments on time and in full. By doing this I have had to use credit cards to pay for other things in life. Almost all of my loans are private, because my parents made too much money for me to qualify for government [...]
- I Missed my Sallie Mae Student Loan Payment. Can They Lower My Payment? – Jo Alice
“Dear Steve, Got loan from Sallie Mae – private student loan I have not been able to paid my student loan since the monthly due amount is higher than expected (almost my whole paycheck) My account is in default right now. I have several loans from them-different amounts. Some of them are in a collection [...]
- Can I Be Bailed Out of My Student Loan Like Greece? – Josh
“Dear Steve, I have a private student from a bank at a very high interest rate(8.25)%. I made few payments but lost my job, now I am doing a job at half my previous salary. I dont have enough income to support my kids and pay the loan as well. The bank says refinancing is [...]
- If I Get a Cosigner for My Private Student Loans Will It Hurt Their Credit If I File Bankruptcy? – Melissa
“Dear Steve, Thinking about getting a cosigner for a small private student loan, theyre worried about the possibility that their credit will be affected if I ever file bankruptcy, which is highly unlikely, but I know in that case I will have to and plan on always paying my student loans anyways so I dont [...]
- Student Loans and Suicide. I’m a Lawyer Living in a Hovel in New York With Private Student Loan Debt and Thinking of Becoming an Escort.
“Dear Steve, I have defaulted on $90,000 in student loans. The remainder of my loans (I believe they are now somewhere around $100,000) are in forbearance. Last year I made a total of about $40,000, first as a temporary administrative assistant and then as a full-time employee of a corporation. Unable to find a job, [...]
- We Are Trying to Get Out of American Educational Services Student Loans
“Dear Steve, My wife returned to school several years ago and took out some student loans. Those loans were eventually sold to aes. One was for about $10,000 and the other for about $8,000. She has been paying the minimum statement for five years, (about $9,000) but the amount owed hasn’t decreased! The payments are [...]
- I Have Some Debt Issues That Are Scaring Me. – Ryan
“Dear Steve, My name is Ryan, I am 24 years old. I have some debt issues that are scaring me and I am hoping you can point me in the right direction because, honestly, I don’t know where else to go. In 2008 I was eager to get back into school and finish up my [...]
- Is There a Good Way to Get My Private Student Loan Rates Under Control? – Samantha
Samantha wrote to me through the GetOutOfDebt.org site and asked the following question. If you have a credit or debt question you’d like to ask just use the online form. I’m happy to help you totally for free. Income from the GetOutOfDebt.org site advertising is used to help alleviate poverty. If you would like to [...]
- Is My Private Student Loan Subject to the Statute of Limitations?
“Dear Steve, I currently have a private student loan that originated back in 2002. The interest is now more than the principal. The collection agency is threatening to sue but the statute of limitations for my state is 6 years, its been 8. Can they still sue? Any help/advise would be greatly appreciated.” The Answer: [...]
- I Don’t Know Which Was Worse, the Cancer or the Student Loan. – Paige
“Dear Steve, Old Student loan rehabilitated with tagged on interest and fees. Need help reducing the capitalized interest added to the loan while I had cervical cancer and lost my job and could not make payments. Do not know where to turn. 7900.00 in capitalized interest was added . I have an old stafford loan [...]
- We Are Graduating From College With Too Much in Private Student Loans. – Tyler
“Dear Steve, Between me and my wife we both gross around 2600 a month. We are just graduating from a private school and we are looking at having 145000 worth of student loans. We cant afford the 1400 dollar payment every month. What can we do? are there any options that we have for chapter [...]
- I Racked Up Private and Government Student Loans. – Jessica
“Dear Steve, I went to graduate school when I was 35 and racked up both govt and private loans. My private loans were okay around 350/month for the first two years, now they are $572/month. This is very hard for me to pay right now but it seems there is no solution or answer. I [...]
- University of Michigan Graduate Needs Some Student Loan Help. – Kristi
“Dear Steve, I am 23 years old, and have recently graduated from UM with a BA. Unfortunately, I’ve also graduated with $110,000 in student loan debt, $20,000 of which is federally-backed. It’s the other $90,000 in private student loans that have got me backed into a corner: From what I can tell, I have no [...]
- I Can’t Find a Debt Consolidation options for My TERI Student Loans. – Amanda
“Dear Steve, I have the current dilemma regarding my student loans. When I first went to college I had to get a loan as soon as possible in order to stay in the dorms, so without proper research, I ended up applying for a $40, 000 private loan through Teri. A year later once realty [...]
- I’m Drowning in Private Student Loans. – Kathy
Kathy wrote to me through the GetOutOfDebt.org site and asked the following question. If you have a credit or debt question you’d like to ask just use the online form. I’m happy to help you totally for free. Income from the GetOutOfDebt.org site advertising is used to help alleviate poverty. If you would like to [...]