Private Student Loans

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 »

                  I’m an Attorney. Should I Default on My Private Student Loans for Law School?

                  apple bobbing

                  Question: Dear Steve, So you’re only the second person in the world I’m telling this to because I was embarrassed by my decision to default on my private law school student loans back in 2014, but now I’m thinking I may be a genius. So I went to law school at large private school in Manhattan. I still live in ... Read More »

                    Will I Be Chased in Mexico for My Private Student Loan?

                    Money puzzle piece

                    Question: Dear Steve, I am a Canadian who was given a USA private student loan with EdInvest that was then transferred to FirstMark Services, who now has my loan. I owe approximately 21000 USD and I am unable to make the loan payments. I do not live in the USA. I have 2 children and need the money for basic ... Read More »

                      Should I Not Bother to Call My Student Loan Collector?

                      french bulldog dog listening or talking on the can telephone isolated on white background

                      Question: Dear Steve, So, when I was 18, I went to ITT Tech. I got in debt with them and eventually had to drop due to failing grades. So, I owed 2 different types of loan, a federal and a private loan. The private loan was 15000 at the time I was 18, because I was only working part time, ... Read More »

                        My Life Didn’t Turn Out Like My Student Loans Wanted

                        IMG_1811

                        Question: Dear Steve, I attended a private college and felt super confident I’d have no issues finding a job after college with an AA, because of everything I was told at the school. I had a difficult time finding a job, I had to return to my old job, which had NOTHING to do with my degree. I then learned ... Read More »

                          MOHELA and Performant Are Telling Me Different Things But Garnished My Wages

                          Frustrated

                          Question: Hi, Steve. I need your help! There are 3 players in this situation: Missouri Department of Education MOHELA (loan issuer) Performant (collection agency) I defaulted on a student loan that was originally issued by MOHELA. I got a letter at the end of November from the MO Dept of Ed saying I needed to work out a payment plan ... Read More »

                            Who Can Help Me With a Private Student Loan Dispute?

                            Adult Ed - Questions

                            Question: Dear Steve, Who do I need to contact to dispute my loan due to private school misleading students into loans not required? John Answer: Dear John, I would suggest you contact an attorney who is licensed in your state. There is no other authority I can think of to go after a lender and school for an individual to ... Read More »

                              I Want to Start Repayment My Defaulted Law School Private Student Loans. But How?

                              tug of war

                              Question: Dear Steve, I have defaulted on a private student loan owned by Citibank. I tried unsuccessfully to negotiate a lower payment plan when I lost my job and gave up making payments in 2012. Since then I assume the loan has entered default and it has been referred to a collection agency. I’m in the position now to start ... 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.