I have borrowed more student loan money than I should have, around 50k, and I need to know what are the steps in getting low payments and who to get them consolidated with?
Also what should I expect as monthly payments to pay it off in 20 years? And in 30 years?
Posts Tagged ‘Handle’
What Is The Steps I Need To Take To Handle My Student Loan Payments?
February 27th, 2010What Is The Best Way To Handle An Unconsolidated Private Educational Loan With Outrageous Variable Interest?
October 3rd, 2009My friend and I are destitute and have nothing but a life of debt peonage ahead of us. I have a worthless Master’s degree from an uppity pretentious school. My consolidated federal loan will be over $300/month for 30 years at 5.3% fixed. The pigs who so “generously” gave me the private loan without which going to University of CHicago would have been impossible have risen the interest rate to over 8% and it goes up from here every 3 months with no way to lock it in. The feds will not let us consolidate private loans into our consolidated fed loans. I just got a 6 month deferment on the private loan but, considering the interest, should I be saving money rather than throwing it at this outrageous loan like I’m trying to put out a fire?
How Do I Handle A Small Outstanding Loan (payable In Full Immediately) While Preparing To Purchase First Home?
August 7th, 2009I have a few thousand dollars of outstanding college loans and am looking into purchasing my first home this summer. I could easily pay off the loan with savings, but that would eat into my fairly pathetic down payment. I just read that paying off debts helps your credit score, which is why I am asking. Until now I was trying to maximize my down payment.
