can I settle
Date: Sun, 03/15/2009 - 08:01
can I settle
Not really much you can do but suggest she pay on her loans.
Not really much you can do but suggest she pay on her loans.
With $175K owed, they wont be settling for $50k and if she is in default, they will pursue both of you.
it's 140K total - (not that that makes much of a difference in t
it's 140K total - (not that that makes much of a difference in the long run) should we keep the 50K out and use that money to make monthly payments until maybe by that time she can consolidate the rest under her own name - or should we try to consolidate now - use the money to make payments for 4 years then they drop the cosigner since all payments were made on time...she cannot make any monthly payments of over $200 on her own without this 50K
Private consolidations are next to impossible to get right now..
Private consolidations are next to impossible to get right now...and if she didnt qualify for the loans without a cosignor before, it is not likely she will qualify now.
Is the loan current or in default?