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Ask The Get Out of Debt Experts

Why Won’t Anyone Let Us Consolidate Our Spousal Consolidation Loan?

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Question: Dear Steve, FFEL Spousal Student Consolidation Loan taken out in 2002, with Sallie Mae (now Nelnet). We are still married, however both work in public service, and could potentially benefit from the PSLF program. However, we have been told by Direct Loans that we cannot re-consolidate the spousal consolidation loan (which is comprised of a Stafford subsidized loan and ... Read More »

    How Can My UK Partner Get Navient to Offer a Different Payment?

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    Question: Dear Steve, I’m writing on behalf of my partner. She currently lives in the UK with me (and is a citizen here). She has no American income and therefore pays no tax (though her tax records are fully completed and up to date each year, so no issues there). She has no assets and no desire to return to ... Read More »

      Why Won’t the Debt Collector Agree to Remove the Debt From My Credit Report if I Pay?

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      Question: Dear Michael, I have a collections account with AFNI on my credit report. It is a valid debt that I owe the company they are collecting for. I keep trying to ask them if they would be willing to remove the collection off my credit report after I pay in full. The answer I get (sounds scripted) is that ... Read More »

        Some Company Says They Can Make My Navient Student Loans Go Away

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        Question: Dear Steve, I’ve read numerous articles and enjoy them thoroughly. Recently I came across an article that sounds very similar to my situation. Private student loan debt — I’m only assuming this is one of your favorite subjects. The article I read came to you from one of your readers, that they were approached to pay off their loan ... Read More »

          Will SallieMae or Navient Forgiven My Private Student Loan if I’m Disabled?

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          Question: Dear Steve, I have been disabled for 84 months. My federal student loans were discharged almost two years ago, but Sallie Mae/Navient says my disability is not permanent (even though the federal definition of permanent is being disabled for at least 60 months), and will not discharge my loan. Does Sallie Mae/Navient have to use the same definition of ... Read More »

            I Was Overpaid for Housing Benefits. Do I Have to Repay it?

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            “Dear Jon, I’ve just found out I’ve been overpaid housing benefits, totallying just over a grand. This was due to their error, not me filing any wrong information. I left the UK in the end of June 2015 and they continued paying me Housing Benefits until October 2015. From June to October i was traveling, and then moved to my ... Read More »

              How Can I Stop Navient From Automatically Debiting My Payment?

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              Question: Dear Steve, I have been paying my sons private loans thru Navient at interest only now that time it up and they say to consolidate and gave me the amount but they want to take it out of my checking account which I do not want because there have been several times in the past that they have not ... Read More »

                My Husband Got the Parent Plus Loan from His Ex-Wife in the Divorce

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                Question: Dear Steve, I have been married to my husband for about 2 yrs now. He has been stuck with a parent loan out of his divorce. The total is 170,000.00 His ex wife signed all the documents and he was aware of some of the debt but not to this amount. Can we attempt to make her (ex wife)or ... Read More »

                  Can I Consolidate My Sons Student Loans With My Federal Student Loans?

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                  Question: Dear Steve, I am a single parent and accumulated some debt (credit cards, student loans) when I was unemployed. I have since paid down most of my credit card debt and remain with $4000 after owing $25k. I have been consistently employed at a non-profit for the last 11 years. My son (age 25) is now looking to transfer ... Read More »

                    I’m a Pilot. Can My Student Loans Be Discharged in Bankruptcy?

                    You want your pilot to use a checklist so they don't miss anything important, don't you?

                    Question: Dear Steve, I am a pilot who currently has several private student loans that are making me unable to own a home or even live on my own. I was a victim of scam in which they said my loans would be discharged in court meanwhile I was supposed to pay a very large fee. Upon some investigation I ... Read More »

                      Once I Remove My Cosigners, Should I Default on My Private Student Loans?

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                      Question: Dear Steve, I made the mistake of taking out private student loans to finance my college education and am neatly 100k in the hole. Three years removed from graduation, I’m at a job making 37k/year (before taxes), still live at my parents’ house with no realistic target date of ever moving out, and I allocate over HALF of my ... Read More »

                        After 20 Years, My Old Crappy Student Loans Resurfaced

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                        Question: Dear Steve, I have student loans that are nearly 20 yrs old. I stop paying them because the school i attended went bankrupt and my degree was basically useless as it was a Technical school. I went thru a chapter 13 bankruptcy and tried to include the loans but they were not dismissed. I never got an email or ... Read More »

                          I Screwed Up My Credit Score. Is There Hope to Bring it Back?

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                          Question: Dear Steve, Several accounts past due on my credit report due to some medical problems last year. Trying to raise my score by 30-50 points to obtain a home loan. I have approximately five accounts with minimal balances that for some strange reason, I stopped paying all together last year. Please do not judge as it was a tough ... Read More »

                            Did the Private Student Loans Vanish Under the Statute of Limitations?

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                            Question: Dear Steve, My husband has some private student loans which were taken out in 2002 and his mother cosigned on them. She has made payments at some point on this loan, although I have no idea when or how much. It has now grown to $101,000. Living in Florida, I am familiar with the statute of limitations law. In ... Read More »

                              Will the Government Come for My Social Security Over My Parent Plus Loan?

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                              Question: Dear Steve, As a single parent I was relieved to obtain a Parent Plus Loan, of which was far beyond my financial capacity. Now I look back on my single parent guilt, not realizing the predatory nature of this loan. What is the latest status on garnishment of Social Security for Parent Plus Loans? Is there any new legislation? ... Read More »

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