Dec
04
defaulted student loan- better to request hearing or deal with collection agency?
By
im thinking about requesting a written documents hearing. i hate going through these collection agencies. they want too much money and don’t care about your other expenses.
Rent Back Fast
What student loan should i use?I have looked at many college loans in my past but i have been putting eveything on credit, cost of tution, books, gas, food, school equipment, all my expenses dealing...
Help me deal with my provincial and federal student loans?I was off work last year and my debts got out of hand. I started receiving calls at work about my student loans. They wanted me to give them a...
What Lawyer would I talk to regarding my rights concerning collection of Student Loan Monies?My student loans are in default and I need financial and legal advise as to how to deal with this.Rent Back...
I need a guaranteed personal loan for people with bad credit. Not a payday loan either, any suggestions?I dont want a payday loan, but need a personal loan and have bad credit. I am actually planning on taking the money and paying off my 3 current credit...
collection agencies or debt consolidation company?my husband and i have around $5000 in medical bills that we would like to pay off. they are all with the same collection agency. would it be better if...
Leave a Comment
You must be logged in to post a comment.
2 Comments
October 4th, 2009 at 12:46 pm
You can at least negotiate with the collection agencies.
Once you go to court – there is no negotiating in their part.
You can only negotiate weather they take 10% or 25% out of your paycheck.
Going to court is expensive for these agencies, they will not give you a break then.
/
October 7th, 2009 at 10:03 am
Again it depends on where you stay. In RSA you could be declared bankrupt, everything taken to pay the student loan* in full, and the rest will get x cents in the Rand. You’ll have a record for the rest of your life. Make haste and settle on something!!!!
Peace.
* All student loans must be repaid, no extensions, and in full.