|
|||||||
 |
|
|
Thread Tools | Search this Thread | Display Modes |
09-17-2007, 09:13 PM
|
#1 |
|
Registered User
Join Date: Sep 2007
Posts: 2
|
Need Help
i want to start by thanking everyone who takes the time to respond.
stuck with a bad private (sallie mae) student loan from when i went back to school. lots of promises-but sadly nothing in the field panned out. long story short a bachelor's and a certificate degree, and i'm not doin what i want (for pay that is). 13k 10.25% variable (prime+2). i get these suspicious offers in the mail from time to time. in addition to those mailers on federal loans which i dont have. what can i do? (no home mind you). any reduction would help, i'm covering interest right now as it is. thank you again Ryan |
|
|
|
09-18-2007, 07:53 AM
|
#2 |
|
Registered User
Join Date: Jan 2007
Posts: 1,084
|
Is the private loan eligible for consolidation? This might lower your interest rate, and/or extend the repayment period.
I owed very nearly $13k (after paying down from $55k) when I consolidated, making my monthly payment in the realm of $130/mo (15 years around 5%-ish). That's doable, even on a minimum wage salary.
__________________
"Wealth is the slave of a wise man. The master of a fool." -- Seneca |
|
|
|
|
09-18-2007, 12:05 PM
|
#3 |
|
Registered User
Join Date: Sep 2007
Posts: 2
|
how would i find out if it is? pardon the ignorance...
R |
|
|
|
|
«
Previous Thread
|
Next Thread
»
| Thread Tools | Search this Thread |
| Display Modes | |
Linear Mode
|
|
SPONSORED LINKS
Powered by: vBulletin Version 3.0.1
Copyright ©2000 - 2009, Jelsoft Enterprises Ltd.
Copyright ©2000 - 2009, Jelsoft Enterprises Ltd.