I borrowed like $10,000 and now owe $40,000. I don't get refunds from taxes and I won't get retirement cause it will go to this huge debt…anyone ever heard of negotiating a realistic rate? Oh, and the handling company NEVER send me invoices showing me that I have paid anything when they keep my refund check, stimulus check, etc.. Is that legal. So sad. Oh, and my credit is destroyed.
There are ways to get them totally pardoned, basically because what these loan companies do is "illegally legal"(if that makes much sense to you) I had a friend who did serious research and managed to get almost 100,000 in student loans pardoned. There are books available, but the process takes work. Other than that they will suck you dry. By the way, you can't file bankruptcy just because of student loans(according to my friend).
on May 9th, 2009 at 3:43 pm
lol good luck.. ahaha
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on May 9th, 2009 at 3:49 pm
They can negotiate the amount that you can pay on a monthly basis (its called income sensitive) but the interest rate usually cant be changed unless you consolidate.
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on May 9th, 2009 at 4:26 pm
There are ways to get them totally pardoned, basically because what these loan companies do is "illegally legal"(if that makes much sense to you) I had a friend who did serious research and managed to get almost 100,000 in student loans pardoned. There are books available, but the process takes work. Other than that they will suck you dry. By the way, you can't file bankruptcy just because of student loans(according to my friend).
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on May 9th, 2009 at 5:02 pm
Check it out here. It’s an excellent site with some wonderful options for you. It will definitely help you. Have a look.
http://loan–house.blogspot.com/2009/04/student-loan-repayment.html
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on May 9th, 2009 at 5:13 pm
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Outstanding student loan debt is a major problem for many graduates. It is possible to negotiate with your creditors and possibly reduce or even eliminate your student loan debt. If you're not up to the negotiations yourself, you can hire a company to negotiate with creditors on your behalf. However, if you fully intend and have the ability to pay your debt, it's usually better to contact your creditors yourself. If you reach the stage where you can’t keep up with the repayments, it’s vital that you contact your creditors as soon as possible and explain your situation.
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http://ezinearticles.com/?Negotiate-Your-Student-Loan-Debt&id=461121
NEGOTIATE YOUR STUDENT LOAN DEBT!!
http://www.integritydebtreliefgroup.com/students.html?gclid=CK_9tIaOn5oCFQkzawodYGEL8w
WIPE OUT STUDENT LOAN DEBT LEGALLY
http://in.truveo.com/Eliminate-Your-Student-Loan-Debt/id/876830507
GOVERNMENT GRANTS TO PAY OFF STUDENT LOANS
on May 9th, 2009 at 5:39 pm
They have no incentive to lower the rate or settle as the debt is guaranteed against default. The only "real" tool to fight back against the student loan companies is to file for Chapter 13. This is the version of BK where your debt is paid back under a court supervised repayment plan…It can put the brakes on their high fees, interest and notoriously bad record keeping.
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http://www.studentloanjustice.org/
on May 9th, 2009 at 6:27 pm
Maybe this site will help http://www.blackhatguide.net
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