student loan repayment help

personally, o would try for another forebearance/deferrement again. atleast this will buy you some time until you get outta financial troubles..however, keep in mind, during times of postponment, these loan still capitlize interest and can easily get outta control..BUT definately call them before you default -they will try to work out something with you

Thanks, but I applied for another forbearabance and they told me I had used the maximum time for that. I will contact them, just didn't know how willing they are to work with people.

Do you qualify for any of the other deferrments/forbearances they offer? I know some lenders have several different ones you can qualify for. In my case there is a "hardship" deferment, and even one for working mothers. I would call them and ask if there is ANYTHING they can do. They might even be willing to lower your payments as long as you can give them something.

is this a private student loan or a federal stafford? it makes a difference in how long you can defer/forbear ect..if its private loan, its ugly..they are not nice unless you pay! fed loans are much easier to work with..good luck..one of fed loans were serviced by acs and they were easy to work with but it was a fed loan..

exactly, private loans offer very little deferment/forebearance options (generally one year) but once it's used up, you're out of luck

Private loans also default faster so you need to come up with the money because once it defaults, you're screwed as they will sue

MISSYGIRL..........i have AES for my student loan, oo. yes....they can't really do anything if you have used up your forbearances. What about a 'Hardship' payment arrangement?..have you talked to them about that? You would have to send them copies of your paystubs ( to prove your income). Also...they have ' % only' loans. I know the % doesn't go toward your balance in any way, but, it can help your loan to be in 'good standing' with them. How much is your loan ( you don't have to tell me, I'm just curious).