Do you know someone studying Law ? It may be usefull.
In some ways, a borrower can’t ask you to pay more than what you can afford, since you’re clean and never late on your payments.
You need some power in your battle against Sallie Mae. If you could find a considerable amount, to show them you’re serious.
Why don’t you ask your sister a credit card with 6-months free or interests. you take the money on the card to pay a few thousands to Sallie Mae, that should give you the power to negociate better terms.
Before doing anything, try to find a competent resource who will help you regarding your rights.
December 7th, 2009
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Holy cow, that’s a steep student loan payment.
I don’t know how they can raise rates on private student loans, especially Sallie Mae.
Look into debt consolidation, and maybe that will be a lower rate than the loans.
Curious: how much was the total you borrowed to have payments that high, and what it the time frame for paying them back?
Protect Your Identy
Do you know someone studying Law ? It may be usefull.
In some ways, a borrower can’t ask you to pay more than what you can afford, since you’re clean and never late on your payments.
You need some power in your battle against Sallie Mae. If you could find a considerable amount, to show them you’re serious.
Why don’t you ask your sister a credit card with 6-months free or interests. you take the money on the card to pay a few thousands to Sallie Mae, that should give you the power to negociate better terms.
Before doing anything, try to find a competent resource who will help you regarding your rights.
Good luck !
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