Private Student Loans

Navient is Reporting Me Late Even Though I’m Repaying My Loans

raise_credit_score

Question: Dear Steve, I have about $100,000 in private student loans with Navient (formerly Sallie Mae) I was not able to pay on the the loans and the account went into default after about 7 months of missed payments. In March 2015, Navient offered me monthly payments of $250 at the interest rate of .001% until the balance was paid ... Read More »

    I’m So In Debt Because of Harrison College I Need Help

    paying_for_college

    Question: Dear Steve, Married, mother of 2, 34 years old. Recent graduate of Harrison College via online courses. Upon enrollment at Harrison, I was given the impression that all fees were on par with other area schools which was absolutely inaccurate. I was also never told of the limitations on loans for a bachelor degree, and had to quit before ... Read More »

      Can I Just Say Goodbye to My Private Student Loans Under the Statute of Limitations?

      Sad Goodbye

      Question: Dear Steve, Thank you for providing a resource like this. My situation is rather mild, but the numbers are rather extreme. I have some federal student loans and 2 different companies for private student loans. I have $70,000 in student loans, and I am not able to find a job in my field, so I am only making $20,000 ... Read More »

        I’m a Teacher, Pregnant, and Trying to Pay Off Student Loans

        teacher_appreciation_week

        Question: Dear Steve, I graduated in 2008 with $8000.00 on a private loan through Sallie Mae, which has become Navient. This is a private loan company. I also have federal loans, but those seem to actually be going down, and I am eligible for teacher loan forgiveness on the federal ones. I am on income-based repayment through Navient, but after ... Read More »

          How Can I Reduce My Student Loan Balance?

          hiding

          Question: Dear Steve, I have taken out loans to pay for college. Several of them are from Sallie Mae, which is now Navient. Over the past 20 months, I have been unemployed for 14 of them. I was initially laid off in Sept of 2014, and again in Oct of 2015 my 6 month contract ended with another company. I ... Read More »

            My Ex-Husband Sued My Daughter Over a Student Loan

            man terrifying woman

            Question: Dear Steve, My ex husband co-signed a private student loan for my daughter through Wells Fargo. The loan was for 1 year of study at FIDM. My daughter was not making the payments. My ex husband who lives in AZ filed court papers against my daughter and received a judgement for almost $50,000.00 (including thousands in court/attorney fees.) My ... Read More »

              I’m on a Fixed Income and Can’t Afford to Pay on Cosigned Student Loan

              retirement

              Question: Dear Steve, I co-signed for my son in 2008–payment were current until Nov 2015 when he lost his job. He has talked to them several time at Navient-Sallie Mae sold loan to them- now I am getting calls about 4 times a day, I’m retired on fixed income of appx $1150 month. They just tell me I have to ... Read More »

                Marine Corps Soldier Needs Help With Private Student Loans

                Military Flag

                Question: Dear Steve, I have no idea if you can help, but I served almost 9 years active duty in the Marine Corps and I have a private student loan (Key Bank) that I cannot make payments on at the moment for $62,000. I was recently honorably discharged from active duty after having my first daughter and have fallen behind ... Read More »

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

                  Many multicolor question marks above the head of young man or boy. Making decision thinking uncertainty learning concept. EPS 10 vector illustration no transparency

                  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 »

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

                    Ouch comic speech bubble image with hi-res rendered artwork that could be used for any graphic design.

                    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 »

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

                      Many multicolor question marks above the head of young man or boy. Making decision thinking uncertainty learning concept. EPS 10 vector illustration no transparency

                      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 »

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

                        IMG_1811

                        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 »

                          I Don’t Want to Pay My Private Student Loans Anymore

                          On a white background little children express the delight of karate lessons

                          Question: Dear Steve, Graduated 2011 from Houghton College. Lives in DC. Paying $600 a month for student loans. Read your article about the ten reasons to stop paying private student loans. I’m to a point where I don’t want to pay and its killing me. I’m still living with my parents because I cannot afford to move to a apartment ... Read More »

                            I Didn’t Graduate From Medical School But Have All the Debt

                            In God We Trust

                            Question: Dear Steve, I am 800k in debt for medical education but I failed the final national board exam and was dismissed from school with no degree. I have an Assoc degree that I can use to make 70k/yr but definitely won’t be enough to make my loan payments. 240k private 620k fed and maybe forgivable after 10yrs of 10% ... Read More »

                              Is This Private Student Loan Company Legitimate?

                              bad dog

                              Question: Dear Steve, Student Loan Help, I read your article about SLS Managers and filed a complaint myself last year. I attended Westwood College Online in Colorado for Graphic Design from Aug 2008 to Oct 2010 and am paying Sallie Mae / Navient loans in the amount of 58,000 12,000 in Private and 46,000 in Federal loans for an Associates ... Read More »

                                Get My FREE Get Out of Debt Guy Newsletter

                                I want to keep you posted each weekday with just one email about the latest get out of debt news, scam alerts and information to beat back debt.You can unsubscribe at any time with just one click.After you subscribe, check your email to confirm your subscription. If the confirmation email does not appear in your inbox in a few minutes, check your spam folder for it. Sometimes it likes to annoyingly hide there.

                                I promise to keep your email safe and secure.