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I Took Out a Student Loan to Cover Life Expenses and be a Mom. – Layla

“Dear Steve,

In 2008 I took out a student loan to help me pay for expenses and be a mom without exhausting myself doing it.

I asked for $10000 and the guy convinced me to go with the full amount I was approved for which was $23000.

Do You Have a Question You'd Like Help With? Contact Debt Coach Damon Day. Click here to reach Damon.

I was not able to graduate and now they are knocking down my door and I’m doing all I can to pay it back. I made a HUGE mistake by doing all of this and need it behind me for myself and my kids benefits.

Are there any debt relief resources, news, or help that you can recommend to get this taken care of?

Layla”

Dear Layla,

Are these private student loans of federal student loans?

Please post your responses and follow-up messages to me on this in the comments section below.

Damon Day - Pro Debt Coach

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Steve Rhode is the Get Out of Debt Guy and has been helping good people with bad debt problems since 1994. You can learn more about Steve, here.
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