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Student Loans

The Debt Collector Says They Are Going to Garnish My Wages on an Old Student Loan. – Kim

Student Loan Corkboard Concept

“Dear Steve, Defaulted student loan; collectors after me; breaking many laws such as harassing me at work etc; no validation notice within 5 days of contact etc. How soon after initial contact from collection agency can they garnish my wages. My angle here is to not panic, do LOTS of research, have my ducks in a row, be smarter than ... Read More »

    I’ll Be Committing Suicide Next Month Because of My Student Loans. – Bradley

    Student Loan Corkboard Concept

    “Dear Jon, Student – Due to illness will be commiting suicide early January If a student with pretty much no estate other than a tv and an xbox was to give said “tv and xbox” away as christmas presents. Then, took out £500-£10,000+ from these various payday loan companies at the maximum amount and time period to pay back (So ... Read More »

      I Am Disabled Due to a Hyper Virus Causing Blindness in One Eye. – Shayna

      hsvcorneal

      “Dear Steve, I have a history of hyper’s virus of both my eyes. My riight eye is totally blindness,and left eye is 20/20 vison. Over the 14 years, my retina doctor Dr. Jacobson It taken me off medication and every time I come off the medication my hyper’s virus returns. I am labeled disable and receive SSI and medicaid. I ... Read More »

        Can You Show Me How to Settle My Sallie Mae Student Loan Debt I Cosigned For? – Alexandra

        Student Loan Corkboard Concept

        “Dear Steve, I am a 76 year old retired professor. I was not educated in this country and my daughter took out all her own loans for her education in the nineties. So in the last five years with out realizing what I was getting into I co-signed for an educational loans for one of my mentees to get an ... Read More »

          I Need a Debt Settlement Letter I Can Use for My Sallie Mae Student Loans. – Mary

          Student Loan Corkboard Concept

          “Dear Steve, settlement offer from collection agency Allied One I want some advice on getting settlement successfully with agency, the loans were originally from Sallie Mae. Hi, I have massive student loan debt through Sallie Mae. With interest and collections fees it has soared from 40k to 80k. I have not paid on the loans and they went into default, ... Read More »

            I Got Out of the Military, Went to Wyotech, and Now Want to Kill Myself Over Student Loans. – Dustin

            Screen Shot 2012-11-19 at 5.07.09 PM

            “Dear Steve, I guess it all started after I got out of the military. I knew I needed to go to school in some capacity to hold a decent paying job. I decided life as an automotive technician would be great, I knew lots of relatives that had a modest life with such a career, which is all I wanted. ... Read More »

              I Co-Signed for a Sallie Mae Student Loan for an Ex-Boyfriend. – Lisa

              signing-contract

              “Dear Steve, When I was 18 I co-signed a Sallie Mae loan for my boyfriend. I am now 29 and we broke up about 2 years ago. He has fallen on hard times and stopped paying his loans and they are coming after me for the money. It is damaging my credit and I may need to move back in ... Read More »

                I Recently Settled the Balance Due on My Private Student Loans. – Viet

                Ready to Collapse

                “Dear Steve, Hi Steve, I just recently settled on my private student loan for less than the total amount that I owe simply because I didn’t want to risk getting sued. The total amount was about $25,000.00. I currently have 4 credit cards, a car loan and 1 personal loan. 3 of my credit cards and personal loan are fairly ... Read More »

                  Student Loan Servicers Suck

                  tired working woman

                  by Marian Wang ProPublica, The parallels between the mortgage market and the student loan industry have been frequently noted. Both involve big borrowing and have a history of lax underwriting by lenders. But the two are also strikingly similar in another way: When it comes to both mortgages and student debt, the servicers, or companies that handle loan payments, sometimes ... Read More »

                    Sallie Mae and American Education Services Generate Most Student Loan Complaints

                    Screen Shot 2012-10-16 at 2.59.51 PM

                    A report out today from the Consumer Financial Protection Bureau outline the major problems facing American’s today when it comes to dealing with private student loans. Not surprisingly, Sallie Mae tops the list of most complained about student loan company, with 46 percent of all private student loan complaints. American Education Services (PHEAA) was a distant second. And while those ... Read More »

                      Can I Just Pay Sallie Mae What I Can Afford To? – Kate

                      Ready to Collapse

                      “Dear Steve, I will not lament about Sallie Mae; I think we all know how crooked they are. My question is: I owe around 58k and have recently applied for Income Repayment Sensitivity. They have responded with letting me know my payments will be just under 15% of my disposable income. This is too high of a payment. My main ... Read More »

                        Is It True That Sallie Mae Loans Have to be Forgiven After 10 Years? – Lynn

                        Ready to Collapse

                        “Dear Steve, I’m trying to help out my son and his wife. They initially borrowed 64k from Sallie Mae for Student Loans. I believe it was a priviate loan. Through eight years and a couple of consolidations; they are still in trouble paying back the loan. They have tried to keep up on payments but haven’t always. They are seriously ... Read More »

                          Can I Move to Australia and Get Married if I Have a Delinquent Private Student Loan? – Mike

                          Ready to Collapse

                          “Dear Steve, private student loan debit took out – and never went to school for 2 reasons. One had major issues with the school it’s self. I got a private student loan (thanks to Grandpa co-sign) which was to cover school, room/board, and all other related cost. Bags packed ready to go on the road trip with the parents. Check ... Read More »

                            I Went to Kartherine Gibbs School and They Suddenly Closed. How Can I Repay My Student Loan? – Christina

                            Ready to Collapse

                            “Dear Steve, In 2006 I made a loan with Sallie Mae to go to Kartherine Gibbs School in Norristown, PA. Around April 2007 my father got very ill and I had to discontinue with my education to help my father. My father’s wish was to die in his native land, so we packed up and moved to Puerto Rico. Once ... Read More »

                              DeVry Called Me and Told Me I Could Qualify for Student Loans. – Maria

                              Ready to Collapse

                              “Dear Steve, less than a yr ago i ask for online school information…devry called and offer me financial aid together with my career… they told me since i wasn’t with my parents no more that i could qualify for students loan…i started taking classes one by one…than on my first classes my grades drop because wasn’t doing my homework i ... Read More »

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