Question: Dear Steve, Hi Steve. So I just spent an hour calling at least 5-7 different numbers of Navient’s trying to find information about my newly defaulted private loans. Because they literally defaulted today, all I was told is to call back by Friday when they’re in the system. My question for you is if …
“Dear Steve, My husband & I filed Chapter 7 Bankruptcy in Arizona in 2011, discharged May, 2011. We filed due to his medical conditions, which caused our family to loose a decrease in wages, which eventually led to permanent disability. We lost our house & moved back to Arkansas (5/2011) to be closer to family. …
“Dear Steve, I owe over $20k in credit cards (Discover and Visa, both of which are maxxed out) and over $40k in student loans (which are currently deferred). I changed my spending habits and budgeting over the last 6 months. Despite all of this, I am still only able to make slightly more than the …
“Dear Steve, Four student loan accounts are coming up as negative on my credit report. – They are deferred until 06/2014 – They show no amount past due – They show no “Date Major Delinquency First Reported” – Under “Date of First Delinquency: N/A – Two were opened on 6/15/2005 – Two were opened on …
A recent TransUnion study has revealed that more than half of student loan accounts are in deferred status, where the repayment of the principal and interest of the loan is temporarily delayed. In my experience the primary reason people do this is when the full student loan payments are unaffordable and they need falsely perceived …
“Dear Steve, Okay, I am currently a grad student in a foreign country which is cool and wonderful and educational and definitely worth the money. However, it’s costing me money. I currently have a $77,000 price tag in student loans and would like to reduce this amount. Because I am overseas it is very difficult …