Help! Private loan consolidation
Date: Thu, 09/17/2009 - 13:40
Help! Private loan consolidation
hello,
so i have over $60,000 in four separate private student loans they just increased my monthly payments and are planning to do so again in a year. I can't find anyone to consolidate these loans because i don't have a degree yet (the school shut down the program during my last year!) and I can't just not pay it because my father is on as a co-signer. I've tried to get him off as a cosigner but i was late with two payments last year so they won't take him off and i can't file bancrupcy on student loans someone please help!
so i have over $60,000 in four separate private student loans they just increased my monthly payments and are planning to do so again in a year. I can't find anyone to consolidate these loans because i don't have a degree yet (the school shut down the program during my last year!) and I can't just not pay it because my father is on as a co-signer. I've tried to get him off as a cosigner but i was late with two payments last year so they won't take him off and i can't file bancrupcy on student loans someone please help!
Charles, don't lose hope. I'm sure someone would be able to help
Charles, don't lose hope. I'm sure someone would be able to help you.
Just wait for Soaplady, she is the community student loan expert.
Unfortunately there is not much you can do with private loans.
Unfortunately there is not much you can do with private loans. Sounds like you have already used some form of graduated payment plan. I dont know of any consolidating lender available this time and those lates would probably put you in a worse interest rate even if there was one. Only thing you can do is increase your income to meet the payments or get your dad to help.
