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Is This RISLA Student Loan Refinance Pre-Approval a Good Deal?

Is This RISLA Student Loan Refinance Pre-Approval a Good Deal?

Question: Dear Steve, I had asked you previously about refinancing Sallie Mae Student Loans (personal, not federal anymore). We have looked around and decided on Rhode Island Student Loan Authority. However, my husband is cosigning to get a lower rate. Just under $40,000.00, and the loan we are settling on is: Loan preapproved for 15 …

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My Sallie Mae Private Student Loans Hang Over Me Like a Dark Cloud

Question: Dear Steve, I originally borrowed a lot of private loan money from Sallie Mae (7 different loans). Unfortunately, they all defaulted once I decided to stop paying (because my minimum/interest-only/salary-based payments did nothing). I paid a company to help me get collection companies to validate the debts, which they couldn’t, so I was never …

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Rapid Reader Questions, Debt Consolidation, Navient, Credit Score, Fraud, and More

Q: Is it legal for a mortgage company to all of a sudden demand a deferment balance from 10 years ago now, or will they foreclose on the home I am one month behind on the monthly payment? A: That sounds a lot like a balloon mortgage (a mortgage in which a large portion of …

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