Bye bye Sallie Mae ������❤️❤️ Student Loans |
- Bye bye Sallie Mae ������❤️❤️
- Finally paid off Nelnet
- How to apply payments during interest free/no payment period?
- Defaulted parent + loan settlement payment
- My subsidized student loans accrued interest while in school? Navient
- Just an incoming freshman looking for advice.
- Consolidate $180k+ or leave it with three service companies? Pros/cons
- My subsidized student loans accrued interest while in school? Navient
- My subsidized student loans accrued interest while in school? Navient
- Refinancing with Navy Federal vs Others
- Refinancing with Navy Federal vs Others
- Student Loans, Be Gone
- Refinancing with Navy Federal vs Others
- Refinancing with Navy Federal vs Others
- Students Loans, Be Gone
- Students Loans, Be Gone
- Student Loans, Be Gone
- Refinancing with Navy Federal vs Others?
- Student Loans, Be Gone
- Student Loans, Be Gone
- Refinancing through Navy Federal vs Others
- Student Loans, Be Gone
- Student Loans, Be Gone
- Student Loans, Be Gone
- Student Loans, Be Gone
| Posted: 01 May 2020 02:26 PM PDT Paid 5,000.00 to the loan in one month thanks to the stimulus check paid the loan in full !! Life hack (only if you have the money) - Sallie Mae is temporarily accepting credit cards to make student loan payments because of COVID-19 I used a cash back credit card from Bank of America got 3% cash back on my 5,000 and I got a spending bonus of 275.00 and then yesterday when the credit card bill posted paid it in full. Paid my loan and it paid me back 😀 it's dangerous only do it if you know you will pay when the bill posts! [link] [comments]  |
| Posted: 01 May 2020 12:19 PM PDT After 1.5 years of paying off my debt after graduation in Dec. 2018, I've paid off a grand total of $17,652.97!! This was mainly through working 2 jobs for a few months and being able to live at my parent's rent free up until about 4 months ago, and getting a new job recently that pays more. I am now taking on the responsibility of paying of my parent's Plus Loans for me (which sadly will be a total of $16k-19k depending on how much interest has accrued/how much they have paid off, wow I really regret taking out $10k to live on campus Freshman year). Since I am making more money now I hope to pay this off in the next year or less. Although I still have a daunting task ahead of me it is kind of crazy to think about how technically, I personally have zero debt to my name. Paying this off has given me a lot of anxiety ever since thinking about college in high school so I can't wait to be done with the PLUS loans so I can wipe my hands clean of this experience. I definitely will not miss being nickel and dimed by Nelnet's insanely long payment processing time. Anyone else going through the process of paying back PLUS loans? It has been a pain to get my mom to send me the account info so I can start making payments. It's very frustrating and I will be happy when our debts are no longer tied together. [link] [comments]  |
| How to apply payments during interest free/no payment period? Posted: 01 May 2020 08:13 PM PDT I have a somewhat complicated loan scenario, including a private loan at 5.88% and about $140k in federal loans with interest rates ranging from 3.15% to 6.96%. I've looked into refinancing the private loan, but the offered rates aren't different enough to make it worthwhile. My federal loan payment was $733/month. I'm doing PAYE, so my payments are capped as a percentage of my income (obviously, but this point comes back later). I have a kid and a mortgage so I'm not paying a lot extra every month. What I'm trying to figure out is whether it makes the most sense to pay down the higher interest loans or the private loan. My assumption is that if I knock off $4398 (6x733) from my federal loans it won't lower my payments since my payment is a percentage of my income and still below the standard payment. So I would pay the $4398 off but then go back to the same amount going towards both the federal and private loans. If that were the case it would seem to make more sense to pay off the private loan faster, because that would actually free up income that I could then turn around and put towards the federal loans. Does that seem reasonable? I wish there was a calculator that I could put my 10 federal loans into and see what my payment would if one of them was $4398 smaller... [link] [comments]  |
| Defaulted parent + loan settlement payment Posted: 02 May 2020 02:01 AM PDT I am in my 90 day period for a resettlement payment that was due by June 3rd. (Through Emergency Planning Management Inc.). I want to make sure i'm thinking through this correctly. Since this loan will not accrue interest again until September. Am I safe to not make this payment and let the 90 days pass? Thus letting me build up a little more savings so it won't hurt as much. Is it possible to do the resettlement payment option after the first initial 90 days pass? [link] [comments]  |
| My subsidized student loans accrued interest while in school? Navient Posted: 01 May 2020 06:24 PM PDT When I visit my Navient page, I noticed the loans I took out (all subsidized) the past three years have accrued interest which shows as "unpaid interest." I started school at 2016-2017 school year and continued until Winter 2018-2019 where I took the quarter off. Then I continued school the following spring quarter to now. My 2019-2020 student loans doesn't have any unpaid interest. Even though I took a quarter off, I shouldn't be accruing interest but instead go into grace period for that one quarter off right? Which also resets since I continued the following quarter. My loans show as "In School." Is this a mistake in their system? (Was about to call Navient right now but their closed, hoping to get some insight here first) [link] [comments]  |
| Just an incoming freshman looking for advice. Posted: 01 May 2020 09:55 PM PDT Im a high school senior about to make one of the biggest decisions and the biggest decision of my life so far. That is to decide which school I would like to go to. I'm going for Computer Science and I am deciding between an IS and an OS school. Obviously the OS school will be more expensive but I am hoping it will give me IS Tuition after 1 year because I will be living with my Dad and hopefully able to apply as an IS Resident. Anyways, my concern is accepting a loan in the 1st year but then suddenly in the 2nd or 3rd year, I get declined. What would happen in that case? Would I have to transfer out? And how do private loans work? Do I have to pay it all off for the semester that I borrowed it for before being able for another loan? Any extra advice to your average 18 year old would be much appreciated as well. Hope you and your family are staying safe during this difficult time. [link] [comments]  |
| Consolidate $180k+ or leave it with three service companies? Pros/cons Posted: 01 May 2020 04:35 AM PDT I defaulted on 180k of debt a few years ago. The principal is about 110k and the rest is interest. TL/DR at bottom. Background - I defaulted because at the time I was married to someone who worked only occasionally (by choice), and I was the sole breadwinner. What little money I made went to keeping a roof over our heads. My job qualifies for public student loan forgiveness. My main balance of 144k is with one service company and then I have two smaller loans, 20k each with two different service companies. Question - Once the loans are out of default next month, should I consolidate the three together or keep them separate? I was planning on consolidation but someone told me that consolidating the loans could have a negative impact. From what I have deduced, consolidating them would be beneficial but I don't want to consolidate them and then find out I screwed myself by consolidating. At least there is a light at the end of the tunnel now with PSLF. My loans have had a significant impact on my quality of life and for the first time finishing grad school I feel like there is some hope for financial security and I don't want to do something to screw that up. Thanks for any tips or pros/cons for consolidating!! TL/DR: I have almost 200k in defaulted loans. I'm almost done rehabilitating them. I have a public job that qualifies for student loan forgiveness. After rehabilitation, should I consolidate the loans or keep paying the different service companies? Edit - I don't have any questions about PSLF, this is just a question of consolidating [link] [comments]  |
| My subsidized student loans accrued interest while in school? Navient Posted: 01 May 2020 06:18 PM PDT When I visit my Navient page, I noticed the loans I took out (all subsidized) the past three years have accrued interest which shows as "unpaid interest." I started school at 2016-2017 school year and continued until Winter 2018-2019 where I took the quarter off. Then I continued school for the spring quarter to now. My 2019-2020 student loans doesn't have any unpaid interest. Even though I took a quarter off, I shouldn't be accruing interest but instead go into grace period for that one quarter off right? Which also resets since I continued the following quarter. Is this a mistake in their system? (Was about to call Navient right now but their closed, hoping to get some insight here first) [link] [comments]  |
| My subsidized student loans accrued interest while in school? Navient Posted: 01 May 2020 06:18 PM PDT When I visit my Navient page, I noticed the loans I took out (all subsidized) the past three years have accrued interest which shows as "unpaid interest." I started school at 2016-2017 school year and continued until Winter 2018-2019 where I took the quarter off. Then I continued school for the spring quarter to now. My 2019-2020 student loans doesn't have any unpaid interest. Even though I took a quarter off, I shouldn't be accruing interest but instead go into grace period for that one quarter off right? Which also resets since I continued the following quarter. Is this a mistake in their system? (Was about to call Navient right now but their closed, hoping to get some insight here first) [link] [comments]  |
| Refinancing with Navy Federal vs Others Posted: 01 May 2020 05:54 PM PDT Hey guys. I currently have a private student loan through Navient with about $89K left to pay off. I was recently told that I should consider refinancing in order to get a more fixed monthly payment to help with budgeting. My brother is in the Navy and could refer me to Navy Federal to refinance through, but I'm looking for other options. I have heard horror stories about credit unions like SoFi, so I'm wondering if anyone has advice of where else to look. Thanks! [link] [comments]  |
| Refinancing with Navy Federal vs Others Posted: 01 May 2020 05:53 PM PDT Hey guys. I currently have a private student loan through Navient with about $89K left to pay off. I was recently told that I should consider refinancing in order to get a more fixed monthly payment to help with budgeting. My brother is in the Navy and could refer me to Navy Federal to refinance through, but I'm looking for other options. I have heard horror stories about credit unions like SoFi, so I'm wondering if anyone has advice of where else to look. Thanks! [link] [comments]  |
| Posted: 01 May 2020 05:25 PM PDT still owe on my Student Loans and have yet to consolidate, etc. Is it best to consolidate? Also, is there a program that can be offered? (One that is based on my income because I'm struggling right now.) Note: I definitely don't want to neglect making payments and I dont want any money taken out of my paychecks automatically either, etc. But, I'm a little stumped. Also, someone please, correct me if I'm wrong. But, if I decide to go with an income driven repayment plan, it states that I may be required to pay income tax on any amount that's forgiven IF I still have a remaining balance at the end of my repayment period. Can someone explain what that means or what should be the best route I can take? I need my monthly payments lowered and I still owe quite a bit on my loans!!! I just need this monkey off my back ASAP! But, I also cant afford high monthly payments [link] [comments]  |
| Refinancing with Navy Federal vs Others Posted: 01 May 2020 05:22 PM PDT Hey guys. I currently have a private student loan through Navient with about $89K left to pay off. I was recently told that I should consider refinancing in order to get a more fixed monthly payment to help with budgeting. My brother is in the Navy and could refer me to Navy Federal to refinance through, but I'm looking for other options. I have heard horror stories about credit unions like SoFi, so I'm wondering if anyone has advice of where else to look. Thanks! [link] [comments]  |
| Refinancing with Navy Federal vs Others Posted: 01 May 2020 05:21 PM PDT Hey guys. I currently have a private student loan through Navient with about $89K left to pay off. I was recently told that I should consider refinancing in order to get a more fixed monthly payment to help with budgeting. My brother is in the Navy and could refer me to Navy Federal to refinance through, but I'm looking for other options. I have heard horror stories about credit unions like SoFi, so I'm wondering if anyone has advice of where else to look. Thanks! [link] [comments]  |
| Posted: 01 May 2020 05:18 PM PDT I still owe on my Student Loans and have yet to consolidate, etc. Is it best to consolidate? Also, is there a program that can be offered? (One that is based on my income because I'm struggling right now.) Note: I definitely don't want to neglect making payments and I dont want any money taken out of my paychecks automatically either, etc. But, I'm a little stumped. Also, someone please, correct me if I'm wrong. But, if I decide to go with an income driven repayment plan, it states that I may be required to pay income tax on any amount that's forgiven IF I still have a remaining balance at the end of my repayment period. Can someone explain what that means or what should be the best route I can take? I need my monthly payments lowered and I still owe quite a bit on my loans!!! I just need this monkey off my back ASAP! But, I also cant afford high monthly payments [link] [comments]  |
| Posted: 01 May 2020 05:17 PM PDT I still owe on my Student Loans and have yet to consolidate, etc. Is it best to consolidate? Also, is there a program that can be offered? (One that is based on my income because I'm struggling right now.) Note: I definitely don't want to neglect making payments and I dont want any money taken out of my paychecks automatically either, etc. But, I'm a little stumped. Also, someone please, correct me if I'm wrong. But, if I decide to go with an income driven repayment plan, it states that I may be required to pay income tax on any amount that's forgiven IF I still have a remaining balance at the end of my repayment period. Can someone explain what that means or what should be the best route I can take? I need my monthly payments lowered and I still owe quite a bit on my loans!!! I just need this monkey off my back ASAP! But, I also cant afford high monthly payments [link] [comments]  |
| Posted: 01 May 2020 05:16 PM PDT I still owe on my Student Loans and have yet to consolidate, etc. Is it best to consolidate? Also, is there a program that can be offered? (One that is based on my income because I'm struggling right now.) Note: I definitely don't want to neglect making payments and I dont want any money taken out of my paychecks automatically either, etc. But, I'm a little stumped. Also, someone please, correct me if I'm wrong. But, if I decide to go with an income driven repayment plan, it states that I may be required to pay income tax on any amount that's forgiven IF I still have a remaining balance at the end of my repayment period. Can someone explain what that means or what should be the best route I can take? I need my monthly payments lowered and I still owe quite a bit on my loans!!! I just need this monkey off my back ASAP! But, I also cant afford high monthly payments [link] [comments]  |
| Refinancing with Navy Federal vs Others? Posted: 01 May 2020 05:13 PM PDT Hey guys. I currently have a private loan through Navient with about $89k left to pay off. I was recently told I should consider refinancing my loan in order to have a more fixed payment to help with budgeting. My brother is in the Navy so he could get me a referral to Navy Federal but I'm curious what other options are out there. I've heard horror stories about Sofi so just open to any recommendations of other credit unions or places to refinance through. Thanks! [link] [comments]  |
| Posted: 01 May 2020 05:13 PM PDT still owe on my Student Loans and have yet to consolidate, etc. Is it best to consolidate? Also, is there a program that can be offered? (One that is based on my income because I'm struggling right now.) Note: I definitely don't want to neglect making payments and I dont want any money taken out of my paychecks automatically either, etc. But, I'm a little stumped. Also, someone please, correct me if I'm wrong. But, if I decide to go with an income driven repayment plan, it states that I may be required to pay income tax on any amount that's forgiven IF I still have a remaining balance at the end of my repayment period. Can someone explain what that means or what should be the best route I can take? I need my monthly payments lowered and I still owe quite a bit on my loans!!! I just need this monkey off my back ASAP! But, I also cant afford high monthly payments. [link] [comments]  |
| Posted: 01 May 2020 05:13 PM PDT still owe on my Student Loans and have yet to consolidate, etc. Is it best to consolidate? Also, is there a program that can be offered? (One that is based on my income because I'm struggling right now.) Note: I definitely don't want to neglect making payments and I dont want any money taken out of my paychecks automatically either, etc. But, I'm a little stumped. Also, someone please, correct me if I'm wrong. But, if I decide to go with an income driven repayment plan, it states that I may be required to pay income tax on any amount that's forgiven IF I still have a remaining balance at the end of my repayment period. Can someone explain what that means or what should be the best route I can take? I need my monthly payments lowered and I still owe quite a bit on my loans!!! I just need this monkey off my back ASAP! But, I also cant afford high monthly payments. [link] [comments]  |
| Refinancing through Navy Federal vs Others Posted: 01 May 2020 05:11 PM PDT Hey guys. I currently have a private loan through Navient with about $89k left to pay off. I was recently told I should consider refinancing my loan in order to have a more fixed payment to help with budgeting. My brother is in the Navy so he could get me a referral to Navy Federal but I'm curious what other options are out there. I've heard horror stories about Sofi so just open to any recommendations of other credit unions or places to refinance through. Thanks! [link] [comments]  |
| Posted: 01 May 2020 05:10 PM PDT still owe on my Student Loans and have yet to consolidate, etc. Is it best to consolidate? Also, is there a program that can be offered? (One that is based on my income because I'm struggling right now.) Note: I definitely don't want to neglect making payments and I dont want any money taken out of my paychecks automatically either, etc. But, I'm a little stumped. Also, someone please, correct me if I'm wrong. But, if I decide to go with an income driven repayment plan, it states that I may be required to pay income tax on any amount that's forgiven IF I still have a remaining balance at the end of my repayment period. Can someone explain what that means or what should be the best route I can take? I need my monthly payments lowered and I still owe quite a bit on my loans!!! I just need this monkey off my back ASAP! But, I also cant afford high monthly payments. [link] [comments]  |
| Posted: 01 May 2020 05:10 PM PDT I still owe on my Student Loans and have yet to consolidate, etc. Is it best to consolidate? Also, is there a program that can be offered? (One that is based on my income because I'm struggling right now.) Note: I definitely don't want to neglect making payments and I dont want any money taken out of my paychecks automatically either, etc. But, I'm a little stumped. Also, someone please, correct me if I'm wrong. But, if I decide to go with an income driven repayment plan, it states that I may be required to pay income tax on any amount that's forgiven IF I still have a remaining balance at the end of my repayment period. Can someone explain what that means or what should be the best route I can take? I need my monthly payments lowered and I still owe quite a bit on my loans!!! I just need this monkey off my back ASAP! But, I also cant afford to make high monthly payments. Im struggling financially! [link] [comments]  |
| Posted: 01 May 2020 05:10 PM PDT I still owe on my Student Loans and have yet to consolidate, etc. Is it best to consolidate? Also, is there a program that can be offered? (One that is based on my income because I'm struggling right now.) Note: I definitely don't want to neglect making payments and I dont want any money taken out of my paychecks automatically either, etc. But, I'm a little stumped. Also, someone please, correct me if I'm wrong. But, if I decide to go with an income driven repayment plan, it states that I may be required to pay income tax on any amount that's forgiven IF I still have a remaining balance at the end of my repayment period. Can someone explain what that means or what should be the best route I can take? I need my monthly payments lowered and I still owe quite a bit on my loans!!! I just need this monkey off my back ASAP! But, I also cant afford to make high monthly payments. Im struggling financially! [link] [comments]  |
| Posted: 01 May 2020 05:09 PM PDT I still owe on my Student Loans and have yet to consolidate, etc. Is it best to consolidate? Also, is there a program that can be offered? (One that is based on my income because I'm struggling right now.) Note: I definitely don't want to neglect making payments and I dont want any money taken out of my paychecks automatically either, etc. But, I'm a little stumped. Also, someone please, correct me if I'm wrong. But, if I decide to go with an income driven repayment plan, it states that I may be required to pay income tax on any amount that's forgiven IF I still have a remaining balance at the end of my repayment period. Can someone explain what that means or what should be the best route I can take? I need my monthly payments lowered and I still owe quite a bit on my loans!!! I just need this monkey off my back ASAP! But, I also cant afford to make high monthly payments. Im struggling financially! [link] [comments]  |
| You are subscribed to email updates from /r/StudentLoans: Reddit's hub for advice, articles, and discussion about educational loans. To stop receiving these emails, you may unsubscribe now. | Email delivery powered by Google |
| Google, 1600 Amphitheatre Parkway, Mountain View, CA 94043, United States | |
No comments:
Post a Comment