My hubby has been getting garnished for his student loan he had barely defaulted on the loan and they are barking down his neck. We cant afford this garnishment with the price of gas and food. He sent in extra info to get it reduced but it was only $20. He wanted to work out something but they are not cooperating at all. I know its because of all this "recession" crap. Can anyone help with any ideas or any good suggestions?Answer Question
Asked by Anonymous at 11:21 AM on Jun. 20, 2008 in Money & Work
Answer by pam at 11:24 AM on Jun. 20, 2008
Answer by New2WAHJ at 11:26 AM on Jun. 20, 2008
Answer by Chelsea31 at 12:06 PM on Jun. 20, 2008
Answer by smileysmama at 2:00 PM on Jun. 20, 2008
Answer by SensualScents at 2:46 PM on Jun. 20, 2008
Student loans are tricky & if they are Federal Loans like Stafford Loans do not plan on getting an FHA loan for home purchase.... As this will affect you on applying for any government loans..
Also if you have any money coming due from your IRS returns now or in the future and the student loan isn't satisfied they will take that too. The only thing I can suggest is make sure they are taking out the right amount and what type of interest is incurring while his garnishments are being taken as they may increased the interest rate too.. Pull your credit reports..
Answer by michaelsmom2005 at 5:12 PM on Jun. 20, 2008
Answer by vbruno at 5:38 PM on Jun. 20, 2008
are you trying to get a loan and think that defaulters are driving up rates get over it now a days it is getting hard to pay anything everything gets more expensive this sucks. Vbruno she asked for help not to be scorned i hate cafemom because of people like you.
Answer by Anonymous at 5:29 PM on Jun. 23, 2008
Next question in Money & Work
What are some legitimate ways to make money from home?
Next question overall
(Babies (0-12 months))
If you have the moby wrap do you like it? Does the baby like it?