How do i attempt to pay back a college loan from 20 years ago?
Posted by StudentLoan on July 28th, 2010 | 3 comments
I suspicion it had been paid as well as straight away with a seductiveness it is stand in what was borrowed. can i only compensate what was origanaly borrowed?
Comments
Do you have any equity on your home? I would cash that out and pay off your debt.
Call the bank where you have the original loan and see what they can do to help you out. Tell them that you weren’t aware that you still owed them money and they might cut you a break. All they can say is no.
Check around to see if can get a lower interest rate from a different bank.
I’m frightened to question how much you owe? You might want to consider consolidating, but do not accept a consolidation loan as a remedy when this is the trick of the loan companies to keep you in debt.
Here is one thing that is helping me. There is a program that works with local grocery stores. You register your grocery card with their website and a part of all the buys go to paying off college.