• Breaking News

    Sunday, December 31, 2017

    Paid off 2 loans on Great Lakes entirely.... now they're at $0.93 and $0.63? Student Loans

    Paid off 2 loans on Great Lakes entirely.... now they're at $0.93 and $0.63? Student Loans


    Paid off 2 loans on Great Lakes entirely.... now they're at $0.93 and $0.63?

    Posted: 30 Dec 2017 03:49 PM PST

    Hey there, last week I completely paid off 2 out of my 10 loans with Great Lakes. It was pretty straightforward, and the rep on the phone said I can target the funds directly toward the 2 loans I wanted to pay. However, about five days later and the loans are both sitting with some change in balance.... why is it not sitting at 0?

    Appreciate any insight!

    submitted by /u/FightingAgainstTime
    [link] [comments]

    Can I include this on my 2017 taxes?

    Posted: 30 Dec 2017 08:23 PM PST

    I paid the interest I owed on student loans on Friday, December 29th (~$1500). The money hasn't yet been taken out of my bank account. Since it's a holiday weekend, I don't doubt my payment will be received until 2018. My question here is if I made my payment in 2017, will I be able to account it on my taxes for this year even if it isn't withdrawn from my account yet?

    submitted by /u/princessboogerpants
    [link] [comments]

    Advice needed for UK Loans, EEA citizen!

    Posted: 30 Dec 2017 07:18 PM PST

    I hope this group is for the UK too, I'm looking for advice, because I got denied the standard gov student loan without a reason for a BA 3 year, I didn't live in the UK for the past 3 years and want to go back to studying. Is there any private loan company in Ger or the UK that can provide metheir services? idc about crazy rates, I barely have funding for 1 year at the moment and Ijust want to get in before brexit. I'm eligable for PIP once I'm back at my London address but I do need a loan to study.

    submitted by /u/ServioMeliur
    [link] [comments]

    Avoiding loan payments going back into school

    Posted: 30 Dec 2017 02:59 PM PST

    Hey everyone, new to this sub bc I am looking for some help. I have sallie mae and navient loans that are entering the repayment cycle and I need to figure out how to put off payments. I left school fulltime and decided to go to a CC, but I am only taking 6 units. Both companies are seeking repayment and I am not sure what steps to take since I have no yet found a fulltime job yet.

    submitted by /u/Jcovable
    [link] [comments]

    Student loans dropped off credit report

    Posted: 30 Dec 2017 04:17 PM PST

    I had two loans that were listed in Credit Karma under the U.S. Dept of Education that show they were closed as of February 4th of this year in the amounts of $3,168 and $2,524. Then I got a letter from Action Financial Services saying I owed a total amount of $7,086. Ok, great. Then in September, I get a letter from Performant Recovery saying I owed a total of $3,381. Hmmm.

    And then...also in September, I get yet another letter from Great Lakes saying I owed a total of $3,372.

    Aaaaand today...I get a letter from the Dept of Education saying I owe a total of $7,112, along with a financial disclosure statement and the proposed wage garnishment letter.

    I don't know what to do. How many companies has the fed sold my loans to? I am currently trying to work something out with Performant, but now I might as well just let them garnish me (as well as take my tax returns again also) so I can get this shit over with. Any ideas what my next step(s) should be?

    submitted by /u/MainTank
    [link] [comments]

    Questions about Nelnet, financial aid, etc.

    Posted: 30 Dec 2017 03:42 PM PST

    Okay, in this situation, when the paperwork to confirm my financial aid for the college I'm going to comes through, it will be past the tuition deadline date. I don't know exactly what'll happen if I don't pay, i.e. if I have to pay a fee soon, etc. So until then I am opting to use student loans and Nelnet to pay it off.

    Here's my queries; first off, the financial aid paperwork is also the paperwork that takes my hefty out-of-state tuition into a much smaller in-state tuition, thus minimizing what I need to pay. If that comes after I've already made the Nelnet payment plan, will the whole tuition go down? Say if I already paid, and the rest comes down to the in-state tuition, what happens exactly?

    On a similar note, can I then pay the payments with the financial aid, again, after the payment plan is made?

    These are questions for a general idea of Nelnet, I don't know exactly how my school works and won't until the holidays are over, but if anyone answer this, that'd be great.

    submitted by /u/loanssuck123
    [link] [comments]

    Calculating the effect of extra monthly *and* quarterly payments?

    Posted: 30 Dec 2017 10:57 AM PST

    I'm bad at math and I'm trying to understand how quickly I can pay off my loan making both extra monthly and quarterly payments.

    At the moment I can pay 2-3x my minimum monthly payment and I also get stock options every quarter that I plan on putting entirely towards my loan. Obviously the stock price will change over time but I can estimate a range of outcomes.

    What's the right way to calculate my payoff date with both extra monthly and quarterly payments?

    submitted by /u/underwaterastronomy
    [link] [comments]

    Dept education Loans sent to collection agency

    Posted: 30 Dec 2017 06:23 AM PST

    I am in a desperate place and hoping for advice. I just received a letter from a collection agency listing my total student loan debt as over 200k. This was turned over to them by the department of education.

    Is it possible to negotiate this debt with them?

    I don't know what to do...

    submitted by /u/daydicap
    [link] [comments]

    HELP!! How do I get Great Lakes to follow through with IDR application for PAYE?

    Posted: 30 Dec 2017 08:20 AM PST

    Hoping someone can help or give advice...my daughter requested PAYE, and Great Lakes keeps putting her in REPAYE. Her application was for PAYE, she has correspondence stating they've rec'd her app for PAYE, and then when she got an email it indicated she was approved for REPAYE. On her application she specifically checked the box that the only plan she wanted to be in was PAYE. She and I call Great Lakes repeatedly, we are assured that it'll only take a few days and she'll be switched to the plan she originally requested. They admit that the cust svc agent made a mistake and that she was put into REPAYE in error. Our last call was on 12/12, and again she assured us that in 3-5 business days the plan would be put into PAYE (which is what she requested to begin with!!!!!!)

    And....today an email that she is in REPAYE.

    My question: Should we file a complaint, or contact the Ombudsman to get this handled properly? Her payment isn't due until late January so she has time, just trying to get this resolved before her loans are switched to ED (she is doing PSLF and has submitted the ECF)

    submitted by /u/Becboots
    [link] [comments]

    No comments:

    Post a Comment