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Posts Tagged ‘student loans’

Okay I have student loan debt out the wazoo. I have been graduated for a year and currently enrolled for a masters program.I know I have to pay my loans back and there is this one collection agency that called me today and said I owe money about 2,700 dollars for my school student loans. I explained to her I am not working at the current time. She said the company I got my loan from no longer wants to negotiate with me about setting up a hardship forbearance its too late and I just have to deal with them.I asked if she can give me contact information on the company and she kept stating they don’t want to talk to me.Now I am not at all trying to get out of paying what I know I owe but I just want to make sure I am dealing with the original person who I got the student loan from. They say that the account has been with them for the past 30 days and that they will review my account on the 19th of august 7 days from now and if i do not respond i will get sued and a judgment filed against me.I am responding but I am not working have no money coming in I stay with my parents wHo are barely making it and I been looking for work for over a month since i was fired from my last job so im just **** out of luck I don’t know what to do. Wish i had a job and hope this collection agency is not a scam.I Google them and I got a rip off report about them but some say they were legit and some saying their scams. Can anyone give me some insight on how I should handle the situation please?also a way I can make money quick i hate having this over my head and would like to fix it but its hard when you have no money coming in.

Student loans are intended to put towards not only tuition and books, but also other living expenses while you’re in school. I have very little credit and a couple 500-600 dollar debts I owe from my younger years. I would like to apply some of my loan towards that so I can work on my credit rating as I attend college full-time. I dont want to get in trouble either and risk losing future financial assistance… is that a possibility?

I have numerous debts (car payments, student loans, a few credit cards, and a signifcant personal debt owed to a friend) that I’d like to roll into one monthly payment (which would hopefully be smaller than the amount I currently pay for each one as a separate monthly bill).

Some people have advised me to apply for a debt-consolidation loan. My question is, will doing so affect my credit negatively? Do they even include student loans in debt-consolidation?

I’m about to enter my final year of college (getting a BS in physics) in MN and am thinking about relocating to Cleveland area upon graduating (partly personal reasons, partly as they have a large medical imaging industry). I’m going to graduate at 20- I’ve lived on campus all through college so its not like I have a whole apartment set up, although I will NOT have any student loans or debt (which frees me up quite a bit). My parents would let me to live at home and work in Minneapolis area but I’d prefer to be on my own if I could. I’d like to go about it the right way, though.

How much should I save to cover relocation costs, set-up costs, etc? Any advice on the best way to prepare financially for graduation?

I am happily 10 weeks pregnant. The father, my wonderful bf, and I are so happy. This was an accident. We were planning on kids in 4 years, marriage in 2. We used protection, but it just kind of happened. I am NOT a teenager, so please don’t tell me I am too young. Both Jamie and I have good, well paying jobs and are not struggling at all. We have new cars and are buying a house together (we were in the process of buying one before I found out). Well, my parents do not like this. They keeps telling me to abort or adopt. They either scream at me or ignore me, telling me that it is selfish to keep the child and that children ruin your life… Both Jamie and I have finished school and have started our careers. I have been on my job for 1 year now. Jamie has been on his for 2, and like I said, we are doing well in terms of money. We have NO debt. Jamie has paid his student loans and I paid for school out of pocket (myself, with no help from parents) and never had any loans.

I hope that paints the picture for you all. Please give me some advice on how to handle them…
Thank you all so much. I do not know why they are acting this way. I love them and i want them a part of my life and a part of the childs life, but idk if I can handle the way they are treating me… It’s not like I am 16 and pregnant… I just don’t understand. I am on my own, independant and make m own money. I have never had any debt because I am smart and pay cash for almost everything, even my car…

I am considering looking into debt consolidation. My student loans are being garnished by ed fund from my wages. they have also just taken my Ca state income tax check. If I do debt consolidation, will they be able to stop my wages from being garnished?

I seriously feel stuck.. I work about 55 hours a week right now.

I just got my car paid off; my credit card debt is exactly 78.74, and exactly ,291.43 in student loans.

I feel like if I could get all my debt paid off, I could save up enough money quickly to actually move.

I think I would be ok with just paying off the credit cards, because my student loans are consolidated and the payment is 5.71 a month.. So I could swing it.

Please offer me advice. Please let me know where I should go from here. I’ve wanted to move there for years, but every so often I throw the thought out of my head because I feel like it’s never going to happen.

I live in Ohio I am 28 and single. I live with my parents at the moment. I am looking for apartments around here reluctantly, but I’m on the waiting list.. I really feel like if I move into one here, I’ll never be able to save up enough to move to NYC. Please give me your advice. I’ve been there a few times, and love it. How can I make money other ways, what can I sell? Help me please.