My husband be ill and couldn’t go back to job. So he went to college. and now we are drowning in debt. Im at the end of rope just trying to find out how I can pay all this off.
wanting the best way to pay debt off
I’m not sure where to best start in answering your question. Obviously taking on college debt would require it to be paid so I’m just crossing my fingers that he is no longer ill and able to work if he can find a job.
And I’ve got my toes crossed he does not have private student loans and instead has government backed loans. If they are government loans, tell him to contact his loan servicer and ask about the Income Based Repayment program (IBR). The IBR program can give him a payment he can afford based on his income. It’s the most flexible repayment program I am aware of.
I’m sensing that student loans are not the entirety of your debt problem. Can you post a response in the comments section below and give me some more information exactly what debts you are drowning in, please.Big Hug!
Get Out of Debt Guy - Twitter , G+ , Facebook
If you have a credit or debt question you'd like to ask just use the online form .