I’m Thinking of Suicide Because of My Student Loans. – John

“Dear Steve, My student loans are almost $42,000 dollars. I pay almost $260 dollars per month and all but $12 dollars is interest and the principal continues to go higher. I am 47 years old and working as a Nursing Assistant. I work very hard! I had graduated in 1997 from two years of Legal … Read more

I Can’t Pay Sallie Mae – Carlos

Carlos “Dear Steve, Sallie Mae loaned me $10,537.50 on 08/31/1994. I started making payments on it in 2003. Have been in forbearance three times. I have already paid about $7,000 on this loan. he loan is on forbearance until 03/07/2009. Because of financial hardship I wanted to settle with Sallie Mae for $4,000. Total Principal … Read more

I’ve Heard About Companies That Can Drastically Reduce Your Debt. Is That True? – Drew

Drew “Dear Steve, My student loans, rent, car payment, electric, phone, internet, and other bills are piling up. I don’t make much money, and my job is insecure. I have heard of companies that can drastically reduce your debt. Is this true? Is there anything I can do to get out of debt fast and … Read more

We Have No Money Left Over to Pay Our Bills And We Are Only in Our Early Twenties. – Dona

Dona “Dear Steve, My husband and I (23yrs and 20 yrs) have a total of about 40,000 dollars in credit card debt and school loans. I’d say a little more than half of that is in school loans for educations we couldnt afford to finish. and the other half is credit debt. between the 2 … Read more