Private College Student Loan

what are the pros and cons of loan consolidation for federal direct loans and federal perkins loans? should i consolidate my perkins and direct loan together?

The Direct Loan Program offers which types of loans? The direct loan program offers the following types of loans: a. direct subsidized loans b. direct unsubsidized loans c. direct PLUS loans d. direct consolidation loans e. all of the above I'm filling out some online questions from studentloans.gov and not sure what the right answer to this is.

Can you file bankruptcy on a direct consolidation loan? The William D ford Federal Direct Loan Program, can you file bankruptcy on something like this?

Will my direct consolidation loan acrue interest during a deferment period? I know that a sudsidized loan will not acrue interest during deferment, and an unsubsidized will, but Im wondering if I loose those benefits with a direct consolidation student loan

Why are Sallie Mae Tuition Answer loans ineligible for consolidation with Direct Loans? I have several student loans that I used to pay my way through a BA degree and an MA degree. My BA degree was paid with Tuition Answer loans from Sallie Mae and my MA degree was paid with Direct Loans (W.D. Ford Federal Direct loans). I'm wanting to consolidate all of my loans so that I only have ONE payment to make a month and ONE interest rate to contend with. I started the consolidation process with Direct Loans because they are the easiest to deal with; however, I received an e-mail today stating that my application has been canceled because Sallie Mae Tuition Answer loans are ineligible for consolidation through the Direct Loan program. Why? They didn't give me a reason. Before I started the consolidation process with Direct Loans, I had inquired whether or not Sallie Mae would pick up and consolidate my Direct Loan so that Sallie Mae would then be the overall loan "god", and they said no (again, no reason provided), which is then why I started the process with Direct Loans. Direct Loans consolidates with other Sallie Mae loans, why not Tuition Answer? Are there loan companies out there that will consolidate BOTH loans? This is getting ridiculous. All I'm getting is the runaround from both companies and no one can seem to answer my questions, and of course, neither company is willing to give up their "rights" to the loan payments, so they're not giving me information on other loan companies that WILL consolidate both my Direct Loans and my Sallie Mae Tuition Answer loans. Has anyone else had this problem? Were you able to fix it so that you could consolidate ALL of your loans? What company did you use and are you satisfied? Any help that anyone can provide would be greatly appreciate it. Thanks! ~Megan P.S. I would appreciate it that if you do not know the answer to ANY of my questions that you wouldn't post a bunch of nonsense that in no way pertains to my questions. I'm tired of people just posting on here in order to get more "points" and whatnot. If you don't know the answer, please do not waste your time and my time and just DON'T post on here. Thank you. Is there a way to change a private loan into a public/federal loan that will then allow it to be consolidated?

Loan Consolidation Questions (Direct & Perkins)? So I recently got out of college and thinking about loan consolidation. I consolidated my Federal Direct Subsidized Stafford Loan a year or so back before the interest increased to 6.8% (While I was still in school). Since that consolidation, I was still in school and accepted another year's worth of Federal Direct Sub Stafford Loan. I also have Perkins Loans. Would it make sense to consolidate my last year's Direct Fed Sub Stafford Loan to my existing consolidated loans? Should I also consolidate the Federal Direct Loan with it too? SallieMae: 5.125% Direct Loan: 6.8% Federal Perkins: 5% If I consolidate those three all together, the weighted interest would be 5.375% Should I leave Perkins Loan out and just reconsolidate my SallieMae with my last year's Direct Federal Sub Loan? This should be then 5.625%

Can I withdraw an online federal direct student loan consolidation application.? I filled out an online federal student loan consolidation application, and decided against going that route. I filled out the application and promissory note on Friday. Will the DOE allow me to withdraw the application on Monday? The site: https://loanconsolidation.ed.gov/appentry/appindex.html

Defaulted Student Loans - Consolidation (Long Question)? I've been in default on a few federal Stafford loans for a few years that were originally through Sallie Mae, but for the last 11 months I've been making payments to a company called GC Services which is listed as the company that Sallie Mae sends defaulted accounts to. I've rehabilitated my loans through GC Services and now they want me to consolidate these two loans, but are asking me to pay an 18.5% collection costs along with my consolidation. I've looked into a Federal Direct Consolidation loan through https://loanconsolidation.ed.gov, and it appears as though they offer everything GC Services does, but without the extra collection cost. The only issue is that I might have to rehabilitate through them (?) but they say I can do that in only 3 payments. So I've got a few questions: A) Is there any reason that I would be forced to go through GC Services rather than through a Federal Direct Consolidation loan? B) If I can get a Federal Direct Consolidation loan, what happens to the payments that I have made to GC Services over the last year? C) In order to fill out an application for a Federal Direct Consolidation loan I need to have my account number and my "Loan Holder/Servicer Name", but I can't contact Sallie Mae for that information because according to them GC Services has all of my accounts, but they list my account number as my social security number. How do I get this information or is my Social Security number good enough? D) On the NSLDS website ( https://www.nslds.ed.gov/nslds_SA/ ) when I look at my loans, it lists information for a "Current Servicer" which is ACS, a "Current Lender" which is Bank of America, and a "Current Guaranty Agency" which is Northwest Education Loan Association, which of these should be listed on my application as "Loan Holder/Servicer" under "Loans I want to consolidate"? There is a reason I have been ignoring this problem for so long, I just don't know how to handle it! Any help would be greatly appreciated, and if there's any other general information regarding this please let me know. Thanks! I asked if there was any reason I would be forced to go through GC Services, but I should also ask if I am right in thinking that they are the same thing but with an extra 18.5% collection cost. Is it smart to try to go through the Federal Direct Consolidation loan instead or should I just stick with this company?

Can I put private education loans in my federal consolidation loan? I was just called by Sally Mae; the very rude collection agent was demanding that I make payment immediately for my loan that is 60 days overdue. I am currently doing the paperwork for a William D. Ford Federal Direct Loan to consolidate all of my student loans together. The agent told me that would not take care of this loan because it is a private student loan not a federal. Is this true? What options do I have if any to get all of my loans consolidated together?

If I consolidate my student loans can I differ them if I come under financial hardship like individual loans? I have 52k in student loans, my wife has another 30k. The first question is should we consolidate them all togeather and 2nd question is what if we have a finacial hardship or some other unforseen event and cant make the payments. Does the William D Ford Federal Direct consolidation loan have deferment options like I do now with all these individual loans? Thank you all for your time.

can i get new student loans if my old loans are in consolidation? sad story....lost my job, divorced, Bal bla bla, i went into default with my loans. My federal student loans are now consolidated thru the program that Direct loans works with. I have paid them twice and the third is in the mail. My question is, am I eligible for more federal student loans, so i can go back to school? please cite your information, so i know the information is trustwourthy. Thank you!

Is Educational Direct a good company to utilize for loan consolidation? I recieved an consolidation offer from Educational Direct that has an interest rate of 4.875% at the highest and 3.625% at the lowest (depending on my payment choices). Has anyone had experience with this company? Does this sound like a good consolidation offer considering the current low interest rates?

Federal Direct Loan Consolidation? I have recently signed up for a Rehabilitation program with the debt collector of my Federal Student Loan which is defaulted. I was told to contact the TSAC hot-line to determine if my taxes would be taken and applied to my balance...and it will be. I was referred to do a loan consolidation and instructed to file my taxes after the loan is consolidated. The loan is supposed to be bought by the loan consolidation company an will no longer be in TSAC's possession and I will have to make scheduled payments to the loan consolidation company. Therefore, the loan will no longer be in defaulted status and the government will have no means to take my income taxes. Am I missing something in this process (besides the interest, etc.)? Is this all the way true? I have been doing research and am a little confused. Please help. **No smart-aleck comments please...this is serious. Thank you***

What is an Direct Consolidation Loan.? PLEASE DEFINE IT. It says; PAY OFF YOUR DIRECT CONSOLIDATION LOAN?

What is the Best Student Loan Consolidation and possible incentives to sign up? I have a series of student loans - a few from Direct Loan Servicing Center, Nelnet and Sallie Mae. How can I get these consolidated with the best rate and are there any cash back perks or other incentives for consolidating these loans?

How long does a school loan consolidation take? I applied a month ago and my current lenders do not seem to be cooperating with direct loans by sending them payoff information. Should I be concerned? How long does this process typically take?

Cancelling a loan consolidation process? I just summitted an online application to consolidate my student loans through direct loans. I changed my mine after doing some further calculations. If I call and ask, can they cancel the process and keep the consolidation from happening? (it's friday so I have to wait until monday and just want peace of mind).

Can I consolidate all my student loans listed at NSLDS? My NSLDS account (http://www.nslds.ed.gov ) lists several student loans I have, both direct and non-direct, subsidized and unsubsidized. Now the government's Direct Consolidation Loans (http://www.loanconsolidation.ed.gov/ ) claims I can consolidate "U.S. Department of Education Direct Loans, U.S. Department of Education non-Direct Loans, Perkins, and Federal Family Education Loans". Does this basically mean I can consolidate ALL the loans I have listed at NSLDS? I'm assuming all my loans listed on the NSLDS are government loans, either direct or non-direct, right?

ADVICE needed: A LOT of Student LOAN CONSOLIDATION...........? Hi everyone. I have loans from college and 3 years worth of medical school (I did not finish). Most college loans were Direct Loans or Stafford Loans I think, and almost all my med school loans were from Sallie Mae. I also have a few private loans that helped pay for school. I know next to nothing about student loan consolidation, so can anyone explain how it works and/or give some wise counsel and advice? I'd greatly appreciate it!!

student loan consolidation? I have a student loan for 28000.00. Last week half of this was through Direct Loans and half was through Sallie Mae. I called both places everyday for like a week trying to figure out how to lower my 300.00 payment. The answer we came up with was to consolidate my loans and therefore would drop it to 200.00 a month in which I can afford. Well, yesterday I called Direct Loans to get information that the consolidation forms would need and they gave my loans to Sallie Mae. Is there anything I can do. I am married and do not qualify for income based repayment. So now I am assuming I can not consolidate considering my loans are all in one spot now?

Student Loan Consolidation? Student Loan Consolidation? I have a question about student loans that are consolidated. I always make my payemnts on time. As soon as I receive the bill, I send the payment out the next day, have never missed a payment or been late. Aslo, I have a fixed interest rate. HOWEVER, MY INTEREST balance fluctuates every month. When I asked the people direct loan servicing center about this, I was told that they have to have a payment EXACTLY every 30 days in order for the interest not to fluctuate. What's going on here? Isnt this the biggest load of crap you have ever heard? Anyone else experience this?

Who offers the best school loan consolidation? I have $60,000+ in combined school loans for my graduate and undergraduate education. I have two subsidized staffords, two unsubsidized staffords, and one previously consolidated loan. My grace period ends in March and I am looking for the best deal to consolidate. At a minimum, I am looking for vendors who: - do not charge a fee for applying or consolidating with them - offer interest discounts for direct debit payment and on-time payments - have no prepayment penalties - offer interest rates lower than 5.25% which is what I found at Citibank Do you have any leads?

Bad credit debt consolidation loan? Here is what's going on with me. I have about 30,000 dollars worth of student loans, however I have them through more than one place...I have one through Astrive, a couple of Direct Loans, and one through Wachovia. I also have a car that my mom took out in her name and is going to want off of her credit that's around 13,000. So, it comes to around 50,000 total of debt. I would like a debt consolidation loan, not only to get the car off of my mom's credit, but to make things easier for me, because making the minimum payment to everything is going to cost me more per month than just paying one place. Plus, a loan will build my credit. The thing is, I have bad credit because I was swamped with medical bills a couple of years ago. Does anyone know of any companies that will give out either personal or consolidation loans of the amount that I need and will work with people of bad credit?

Can I still take out loans after consolidating? Best way to consolidate federal/private loans? I have a lot of federal loans from college, and even more private loans (sallie mae) from the past few years where i attempted to become a doctor (medical school loans, but i could not finish). i'd like to consolidate now, but am going to pursue a masters degree in clinical research. should i hold off on consolidating until after i get my masters? and any and all info that might help me or direct me towards loan consolidation would be greatly appreciated. i'm really new to this. serious answers only please, as i already know i made many mistakes in my life. thank you.

Are there any real legitimate Student Loan Consolidation Agencies out there with a real history? I recently found out that I had a student loan in default with judgment. I thought that this was taken care of in an earlier consolidation agreement and that my last payment was completed back in 2007 for a different loan. It is 2010 and I applied for college. Low and behold there was a very old loan, that apparently for some reason was completely over looked by both the state and the IRS and as I had received my letter stating I was paid in full with no further contact for years, I thought that my loan days where behind me . Regardless, I now have a student loan in default. I contacted ECMC and there sub contractor, Premier Credit to find out what could be done and how this might have happened. I was basically shut down and simply told that it was not there concern and to pay my bill. I completely dislike both companies immensely, however, they said I had no choice but to work with them... and as I wanted to go to College, I orally complied. I decided to make two good faith payments but did not sign there documents. It was only after reading about there reputations, in regards to both Companies and there practices, that I decided it might be better all together to consolidate my loan completely outside of either company and try to finish working with the William D. Ford Direct Loan Program without placing these two companies anywhere in my future program or re-payment. Since then, I have been looking for a real Consolidation Company that has a real history, a real background and something tangible that is not going to cost me $500.00 in up front fees. I know consolidation companies have there fees and I don't mind that but really need your help in finding an actual real Company. Each of the Establishments I have researched has come up with no background, there BBB pages claiming the official stance and stating, that the most noted sites on the internet for handling such affairs are " not an accredited member of the BBB " - most of these sites I found are coming out of Florida and having no legitimate history... at all. Nothing short of there site and I cannot even confirm or find one legitimate actual real company, that I feel comfortable working with. Does anyone have a good experience with a Defaulted Student Loan Consolidation Company ~that can write in and tell me about there experience and/ or a good company that I can trust with my finances? Does anyone out there know of any way, I can get rid of ECMC 's claims that if I want to be out of default that I specifically - " HAVE TO SIGN WITH THEM "~ any ideas? I don't mind paying back my loan but I just don't want those Companies involved. If anyone has worked with ECMC before and has a good / bad response, please feel free to tell me. I would love to hear all of your comments... thank you.

Someone forged my name on a consolidation loan for a student loan and the company won't admit its not mine. I have filed everything the company (Direct Loans) has asked for including a police report, notarized signatures of my signature, copy of my drivers license and SS card. The forged signature is so sloppy that a first grader could tell its not mine. I have also went to the Federal Omnibudsman and the Inspector general over this to no avail. I have been told to get an attorney to sue tham but I will have more in attroney fees to fight it then whats its worth. And there is no guarantee that I will get arttorney fees if I do win. Does anyone know of a court case that I could look up to read so I can file the suit myself? Or how I could resolve this?

What should I do with my mother's Direct Parent Plus Loan? She wants me to begin paying it back but I noticed the thing is actually 3 seperate loans and all have 8.02% interest. My school loans only have 2.6%. I tried the consolidation calculators on the website and it did not improve the interest rate only lowered the payment. Any ideas on how to get a significantly lower interest rate?

Student loan advice / consolidation? I am in grace period from my recent graduation from school. I have two private school loans and one federal loan. SalieMae - $18,500 Wells Fargo - $25,500 Direct Loans (federal) - $9,700 I'm having trouble trying to figure out options to put the loans together and lock in a low interest rate. I have a credit score of 802 and scored a job with a salary of $32,000 My interest rates are variable in the 13% range and monthly payments will be around $770 per month for 15 years starting in January!! Do I have options? Has anybody had success consolidating lately? Thank you in advance!

Does anyone know anything about Educational Direct? I keep getting calls from this place. They are rather pushy to get me to fill out an application. I dont even know if this place is legit, because I believe Student Loan Consolidation Program is the most legit place there is. Is there a way I can get them to stop calling without talking to them? I dont really want to pay for a service just for one number.

Student Loan Rehab Programs whats next? Hi! I started in two rehab programs (GRC & GC Services) in March 2008 and was told I would complete the term in November. But I just received a letter from GC stating they recently received payment towards completing my agreed rehab program and on behalf of NSLP, thanking me for timely payments etc...Doesn´t it last 9 months? What is the next step? Should I request a loan consolidation thru Direct Loans? Are these legit, have been reading a whole lot of info regarding complaints, harrasment and no credit to account

Is it possible to get a Direct PLUS Loan and then transfer it to the student's name later? This is my second question about financial aid because I'm having trouble finding a loan. I vaguely remember someone mentioning a Direct PLUS Loan later being transferred to the student's name. Is this just consolidation or is it an additional option?

Is Capital Direct a good company, we are planning to use their services for debt consolidation purpose. Help.? We need advice pls, or any good ideas pls. Is equity loan taking safe.

How can I use my Army Student Loan Repayment Program money? So when I joined the Army, one of the benefits I was given was $20,000 for student loan repayment. When I applied to use the money for my outstanding loans, my request was denied because the loans were through Sallie Mae and were private loans and The SLRP is only for federal loans. This was not mentioned when I was enlisting. So I went online and applied for a federal consolidation loan through Federal Direct Loans and then I planned on using the SLRP money to pay the consolidation loan since it's federal. Then that was denied, also because my original loan was private. I'm not in dire need to use the SLRP money and I have no problem making the monthly payments but if I was given this money to use I figure I might as well use it right? Does anyone know of any other way I can use the money or change the type of loan I have? Any help would be greatly appreciated. Thanks.

Best student loan consolidation. Mine after 5 months just turned me down!? I used education direct in may and all was well, recieved notification they had received loans and payments to those loan holders then all of a sudden they said no, and that payments had been returned just last Thursday(long after july deadline to lock in good interest rates! Now what do I do?)

What is the best way to consolidate monthly credit card bills? My wife and I were stupid and acquired a large number of credit cards in the first two years of our marriage. We have never missed a payment for any reason other than forgetting about it and even then it was only a few days late. We're financially stable so debt consolidation loans wouldn't be the right choice. However, at this point I could care less how its done I just want to have less payments to remember. Also automatic payment through our bank doesn't fit into our situation because of the unpredictable direct deposit schedule the VA tends to have for us.

Student loan Consolidation? I applied for student loan consildation. I am due to start paying these back in Feb.2011.. I still haven't heard anything from the department of education. I called them today but it's Sunday so understandably they are closed. The automated message states they received my application on 12/6 and have sent me a letter stating I am in "Summary Statement Phase?" I have not received any letters. I have been looking for any correspondence from them very eagerly and truly haven't received anything When I go to their website and look for my account, there is a list of my loans and that is it? So any of you that have gone through this here are my questions: 1) Will they consolidate all of the loans I applied for even if they are stafford, direct, subsidized and unsubsidized? 2)Have any of you applied for the IBR repayment plan? (Income Based Plan) 3)If so what was your monthly payment like? 4)Can you apply for forbearance if you haven't received info on how much to pay or haven't received any correspondence? 5)I'm in social work so my income is very low ($17K) but I owe $50k in loans. What does my repayment plan look like under the IBR plan? Yes, I already know I'm screwed so please no rude comments. Thank you for your help.

should i consolidate my student loans? i graduated in december 08, i have had my loans in deferment / forbearance until now. i have multiple loans for a total of $30,000. I am currently working 2 jobs but am not making enough to pay 200+ a month and i have about 8 student loans. i am considering trying to consolidate all my loans so i can just pay one monthly payment instead of trying to keep up and keep track with multiple lenders but i do not know too much about consolidation or what company to go to for the consolidation loan. i do know that i will end up paying more in the long run, but rite now im barley paying my bills and rent as is and i don't mind consolidating. i would really appreciate any advice or info anyone can give me on the topic. here is my current student loan picture some are at a fixed rate others are variable... none are in default... stafford unsubsidized: $5,619 stafford subsidized: $18,279 Federal Perkins: $1,500 direct consolidated subsidized: 5,500 total = $30,898

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I need education loan payoff advice. Familiar with Americorps? - put in your two cents...? A while back I went to college and withdrew unofficially, causing the college to charge an exhorbitant amount of money for breaking the contract of my dorm. I owe them $3400, and it has been sent to collection. I also have a direct loan in the amount of $3700 that paid for my tuition that is in good standing. I cannot attend school again until the college is paid and they release my transcripts, unless I pay out of pocket, which I cannot afford. I was a member of Americorps and earned an education award in the amount of $4700. I can use it to pay off the loan or *current* college expenses. So I see two options, go to school and pay for it with the award as if I never went to college before, and still not have enough to finish. Or i can pay off the loan, hope that helps my credit enough to get a debt consolidation loan to pay off the college (They want it in full) and finally be able to apply for a FAFSA again and go to school. I just really want to go back to school. Any advice? My Direct Loan is currently consolidated.

Unsecured Personal Loan For Debt [current] Consolidation with previous bad credit....? Interested in consolidating about $6K of unsecured [non credit cards] debt into one loan plus approx $2K additional to obtain motor vehicle...excellent secured income [social security, pension and work income]. All direct deposit and would set for direct debit monthly payments on the loan. Know of sites like lending tree, prosper, unique, but interested in other lenders that would look into the loan specifics and the person and not just a credit score and abc's

What should I do with my student loan? I just graduated back in May with total student loan debt of around $35,000. Of the two loans, one is a direct student loan and I am able to make those monthly payments because they are affordable. The second is a Sallie Mae private student loan and has ridiculously high monthly payments. I have looked into consolidation through the Dept. of Education, but they do not offer consolidation to private loans. I have contacted Sallie Mae on multiple account via phone and mailing letters. They are not working with me. They refuse to lower my payments. What Do I do? Is there another company that could consolidate both my loans and help to lower my payments? I truly have no idea what to do! Any information would help ;)

I Need a Loan for Debt Consolidation and My Business? I am in massive credit card debt and I am delinquent on my payments because my husband lost his job and his pay was our main source of income. We have been living on my measly little income and things got bad. During that time I started a Direct selling business to make up some of the difference. It has been going well and I am ready to invest more in it. Also my husband got a new and better job FINALLY!!! Now I need a loan for BAD credit to consolidate my credit cards and to invest in my business. I need around $10,000. Does anyone know something that might help me?

A confusing student loan situation? I am trying to help my neighbor figure out what is going on with her student loans. A bit of history she had defaulted a few years back and very recently completed a loan rehab program. Right before compleation of the program she was offered the chance to participate in the William D Ford Program (what ever that is) She filled out all the paperwork and sent it back. She selected the Income Contingent Repayment plan. Soon after that she is sent notice that Sallie Mae is the new lender (before finishing rehab it was GRC) and that her new payments would be $50.08 instead of the $58.00 she was sending to GRC. The new payments were to begin Feb 24, 2009. (she even has a payment coupon book) She called GRC to see if she still had to pay them in January and was told that she did not. Then In January she receives some paperwork from Direct Loans (the same paperwork she had just submitted to GRC) She contacted direct loans and told them she had already sent the info to GRC Direct Loans told her that she would need to send the paperwork to them anyways. Before she could even send it in she gets another letter from direct loans confirming that she has elected to participate in the income contingent repayment program and that her payments would be $0.00 and that there is $0.00 owed. She calls direct loans to verify who and what she is supposed to pay. She is told that until consolidation is finalized to pay sallie mae the $50.08. When consolidation is finalized her payments would go to $0.00. Thing is every income contingent calculator she and I have been too her payment does not come out to $0.00 it comes out to anywhere between $25 and $140. Can some one shed some light on the real deal here? Thanks.

Procedure for lifting a debt judgment? I left college at age 23 due to issues with severe clinical depression. It took several years to turn things around; thankfully, I'm now as healthy as I've ever been. Unfortunately, among many troubles during that time, I was not able to keep up with my student loans and they defaulted. Most of my loans were federal Direct Loans, but one was issued through my university, a Perkins loan. When I did not pay that loan, they came after me in court; a judgment was filed and they garnished wages for a while, and have taken my state tax returns the last 3 years. Recently I was informed by Direct Loans that I qualify for a "second chance" program that was created due to the economic crisis. I can consolidate my loans through the Dept of Education, they will drop all collection fees (about $6000 in fees!), and the loans will enter a 3-year forbearance during which I can generally get my act together, and take out new loans to finish school. The issue is, because there is a judgment on the loan from my university, it cannot be included in this "second chance" consolidation. I'm told the university COULD choose to lift this judgment and let me consolidate the loan - and apparently this happens fairly often - but they do not seem willing to do this for me. It's a big problem because as long as that loan is considered outstanding, I cannot even get a transcript - not even an unofficial one for my own purposes - which makes returning to school impossible, essentially. I heard there is a procedure where you can request a hearing to have a judgment lifted. Can anyone tell me about this procedure? I stress that I am NOT trying to "get out of" paying this loan; it will be paid, I just want to consolidate it with my other loans, which will allow me to get my transcript, take out additional loans (a small amount really) so I can finish my degree. Why any judge or university would want to deny me this opportunity is beyond me.

I'm in meltdown. Advice please? My outgoings are more than my income. I appear to have signed up to a sleezy website and they are demanding forty quid off me within the next week. I'm working 50 hours every week, sometimes more and it isn't touching it. I have a two grand overdraft that I go over every month and now direct debits are being returned. I don't drink or smoke or drive or go on holiday. I don't go to the cinema, go out at all or order in. I could cancel Sky and my Blockbuster/BBC Focus (magazine) subscription and stop AoL, they are my only real luxuries. All my money making schemes have just ended up costing me money (Ebay for example). I have had five consolidation loans and the bank doesn't want to give me any more. HELLLLLP!

I'm in meltdown, advise please? My outgoings are more than my income. I appear to have signed up to a sleezy website and they are demanding forty quid off me within the next week. I'm working 50 hours every week, sometimes more and it isn't touching it. I have a two grand overdraft that I go over every month and now direct debits are being returned. I don't drink or smoke or drive or go on holiday. I don't go to the cinema, go out at all or order in. I could cancel Sky and my Blockbuster/BBC Focus (magazine) subscription and stop AoL, they are my only real luxuries. All my money making schemes have just ended up costing me money (Ebay for example). I have had five consolidation loans and the bank doesn't want to give me any more. HELLLLLP!

College debt has ruined my life, and I'm mad at myself for leting it happen.? I am beginning to regret going to college, it seems the only thing I have attained from it, is debt. When I went to school I was allured to the dream of being an airline pilot. I finally got my pilot’s license, but it got to expensive, so I switched to Aviation Management. I am so depressed and mad at myself for letting this happen, and it seems like there is no way out. A few times I forgot to fill out the FAFSA so I had to take out loans to cover the expenses, or I was late getting it in and got no money. Here’s where I am at: 1 Loan for $50,000 (Monthly Payments of 476/mo); 1 Loan for $21620 (Monthly Payments of 128); 1 Loan for $7800 (Monthly Payments of 50), and Credit Card Debt of about $3000. So I have loans totaling $79420. I also have a car payment, cell phone, however I pay no rent, but my grandparents will soon be asking for that. I just got a new job that pays me $35000 per year. So if I don’t put anything into savings I can pay off my loans in about 4 years, however when you begin to figure in my other expenses it’s more like 7 years. Consolidation is not really an option, because the $50000 is an “Education Alternative Loan”, it’s not a federal loan. The $7800 loan is a no interest loan. And the $21620 is a direct federal loan. -My dilemma is that, I have a girlfriend that I want to begin a life with. I wish to get an apartment with her maybe in the next year or so. And I want to marry her. Situation 1- Do I put no money into savings and just tackle the loans head on? I will have no money for retirement or a down payment on a house. Situation 2- I put some money aside into savings, and it will take longer to pay off? Situation 3- Declare bankruptcy if I can? I apologize for this taking so long, but I don’t know what to do. Thank you for your help.

Can anyone give me some serious help with student loan consolidation questions? I am drowning! I have four loans that I'm currently paying off and am trying to find a way to consolidate them. One through American Education Services, one is a federal direct loan owned by the US Department of Education, and the last two are through Rhode Island Student Loan Authority. I tried to consolidate with loanconsolidation.ed.gov but they would only recombine the two parts of the one federal direct loan, despite the fact that the RISLA people are the ones who sent me to them! Regardless. I have spent the last few hours making myself crazy looking through consolidation websites and I could really use some help. The name of a reliable credible and helpful consolidation campany would be amazing as well as any tips from someone who has been here. The only name I've gotten so far was Chase and they have temporarily suspsended their consolidation programs. Please help! And one last plea...useful information only please, I don't need people posting stupid answers about how screwed I am.

WHY is daytime tv directed at single mums and dole dossers? EG:LOANS AND DEBT CONSOLIDATIONS

problems with a company called flm? im having alot of hassle of a loan company called flm. i became a guarentor for someone,i have since lost my job but flm ring me almost daily as the payments have fallen behind.they threaten me with summons and losing my house.i have gone to a debt consolidation agency as like i say,i lost my job and things were just to tight to survive on. flm say the debt agency are lying to me,,that there is no way they should be dealing with this debt and no matter what the debt place say,i should still b paying flm direct.however... the debt place r saying they deal with flm on a daily basis,that they r vultures and will say anything they can to try and get me to pay up!ive been in tears on the phone to flm,when theyve been telling me to sell my babies toys if i have to,they dont care how i get the money,,just to get it! please help...any advice???

Student Loan Consolidation? I have a question about student loans that are consolidated. I always make my payemnts on time. As soon as I receive the bill, I send the payment out the next day, have never missed a payment or been late. Aslo, I have a fixed interest rate. HOWEVER, MY INTEREST balance fluctuates every month. When I asked the people direct loan servicing center about this, I was told that they have to have a payment EXACTLY every 30 days in order for the interest not to fluctuate. What's going on here? Isnt this the biggest load of crap you have ever heard? Anyone else experience this?

ADVICE needed: A LOT of Student LOAN CONSOLIDATION...........? Hi everyone. I have loans from college and 3 years worth of medical school (I did not finish). Most college loans were Direct Loans or Stafford Loans I think, and almost all my med school loans were from Sallie Mae. I also have a few private loans that helped pay for school. I know next to nothing about student loan consolidation, so can anyone explain how it works and/or give some wise counsel and advice? I'd greatly appreciate it!!

ADVICE needed: A LOT of Student LOAN CONSOLIDATION...........? Hi everyone. I have loans from college and 3 years worth of medical school (I did not finish). Most college loans were Direct Loans or Stafford Loans I think, and almost all my med school loans were from Sallie Mae. I also have a few private loans that helped pay for school. I know next to nothing about student loan consolidation, so can anyone explain how it works and/or give some wise counsel and advice? I'd greatly appreciate it!!

Bad credit, outstanding payday loans, Chexsystems, HELP!? Hello, Please don't judge me, but I've gotten myself in somewhat of a bind. I currently have a low credit score (below 600), I have 4 outstanding payday loans, and have one account in the amount of 1200 in Chexsystems.Are there any direct lenders and/or banks that would assist me with a bill consolidation to pay everything off, and just be paying for the loan? I need about $3000, and need it quick! Any advice would be appreciated. Thank you all in advance for your help!

Can I apply for student loan consolidation? I am currently under default and repaying my student loans to a collections agency (ACT - Account Control Technologies). I would like to go back to school in September 2010. Is there any way I can apply for loan consolidation so I can go back to school? I had to leave school to help my parents out and now I'd like to go back but there is no way I can afford school without financial aid or loans. Or does anyone know about student loan rehab program? If anyone could direct me in the right direction it would be great help. Thanks.

Chapter 7 Bankruptcy Means Test Questions.? DISCLAIMER: While I appreciate your “advice”, please only answer this question if you have DIRECT expertise with these questions. I’m looking for answers that are pretty solid. If you would start your answer off with “I think…” then please do not submit an answer to this question. I also am not looking for advertisements for debt consolidation or counseling. I’ve already done that and it was NOT an option. I’m filing for bankruptcy protection, but don’t want to file for Chapter 13. I know that Student Loans cannot be discharged through bankruptcy. That is not my question. QUESTION #1: When filling out Schedule J for Chapter 7 bankruptcy, can you put the MONTHLY PAYMENTS on your student loans as an "other" expense? Can the monthly payments be used anywhere to reduce my Net Income so that my ending disposable income will be reduce by the amount of my monthly payments on my student loan? I ask because since the student loans cannot be discharged, it would seem as though the monthly payments would then be part of my household budget and therefore be allowable to reduce my monthly Net Income and disposable income. QUESTION #2: I already pass the median income test. However, I may not pass the acceptable disposable income test. According to the test, if I have more than about $11K of disposable income over 60 months ($183/month), then I do not pass for Chapter 7 and must file Chapter 13. However, I've read something about a 25% rule that I don't quite understand. I have about $130K in unsecured debt ($55K in CC debt and $75K in student loans). My understanding of this 25% rule is that if my disposable income over 60 months is less than 25% of my total unsecured debt, then I pass the means test. If that is true, then as long as I don’t have more than $540/month in disposable income, then I pass. ($130,000 * .25 = $32,500) ($32,500/60 = $541.67). Is this a correct assumption? If not, then how exactly does this 25% rule work? Am I even allowed to use my student loans to figure my total unsecured debt for the 25% rule? EXTRA INFORMATION: I have no assets. I currently lease a car for $300/month and rent a room in someone’s house. Before figuring for Student Loan payments as expenses, I have about $534/month in disposable income. With the student loan payments in as an expense, I’ll be down to $224/month in disposable income and the trustee will probably let me pass the disposable income portion of the means test. $534/month in disposable income = $32,040 over 60 months $224/month in disposable income = $13,440 over 60 months

really need help? 1: Which was NOT a major success of Reconstruction in the South? an end to racist government policies the transformation into an industralized, urban region an end to tensions between the North and South all of the above 2: The main goal of the Ku Klux Klan during Reconstruction was to prevent African Americans from exercising their rights gain control of the state legislatures restore the Confederacy improve the conditions for poor whites 3: The Fourteenth Amendment was part of a series of laws that changed the way a President could hire government officials ensured the civil rights of African Americans restored the balance of power between the President and Congress shifted the balance of power in favor of the Supreme Court 4: Reconstruction succeeded in rebuilding many of the South's plantations forts railroads banks 5: The expansion of American industry was sparked mainly by public welfare programs technological advances and financial investments a decline in productivity in Europe government involvement in the economy 6: One thing a person could do in 1900 but not in 1865 was ride on a train sew a dress play a phonograph read at night 7: How did John D. Rockefeller gain control of the oil industry? He formed a trust. He practiced vertical consolidation. He joined a cartel. He practiced free trade. 8: The nation's first major labor strike was begun by railway workers angered about wage cuts and unsafe trains steel workers upset by the use of scabs women protesting lack of advancement in factories Pinkerton agents who threw a bomb at police 9: What was the one key requirement that applicants had to meet to receive land under the Homestead Act? They had to live on the land all year long. They had to farm the land for five years in a row. They had to file a claim with a bank. They had to wheel portable cabins from plot to plot 10: What was a major incentive in the settling of the West? the legal, private ownership of land the award of large land grants to the railroads the desire to limit slavery the refuge offered for outlaws and the oppressed 11: One reason that the United States became more urban during the late 1800s is that farm machines and factory-made goods reduced the need for farm labor nobody wanted to live on farms anymore immigrants did not know how to do farm work union organizing of farm workers had not yet begun 12: Where did European immigrants often settle in the United States? in western railroad towns in their ports of entry in the South near lakes 13: Prohibition groups saw a link between drinking and abuses by big business lower public morals anti-Asian feelings high tariffs 14: Reformers who tried to solve social problems by helping the needy believed that immoral behavior should be punished by deportation stricter laws were needed to discourage unacceptable behavior prosperous Americans should lead reform efforts the cultures of immigrant groups should be respected 15: During the late 1800s and early 1900s, what segment of American society was most likely to attend college? wealthy white men New Englanders gifted students middle-class women 16: During the early 1900s, most African Americans who went to college attended fully integrated universities African American colleges religious-based schools separate branches of white colleges 17: How did southern states keep African Americans from gaining political power? lynching segregation voting restrictions de facto discrimination 18: Why was the Open Door Policy important to the United States? It gave the United States territory in China It gave the United States access to millions of consumers in China It increased Chinese investments in the United States It kept European goods out of China 19: The United States followed a policy of expansionism in the late 1800s because European nations were eager to sell rights to their colonies many Americans were demanding high-quality foreign goods US factories needed foreign laborers the nation sought more markets for its goods 20: The first action of the Spanish-American War took place in the Philippines the Gulf of Mexico the harbor at Santiago, Cuba Puerto Rico 21: Among Latin Americans, United States actions related to the Panama Canal created hope for a prosperous future ill will toward the United States calls for Roosevelt's impeachment a long-lasting economic crisis 22: Progressivism was halted by the efforts of the NAACP World War I the repeal of the prohibition amendment the victory of the Bull Moose Party 23: Which belief was held by most Progressives? The government should be more accountable to its citizens. Housing and healthcare should remain private. The government should protect agricultural interests. The government should intervene in unfair business practices. 24: One goal that Progressives did not seek was the moral improvement of society the reduction of government corruption a ban on strikes child labor laws 25: One way reformers hoped to end corruption in government was to establish an income tax give voters more direct say in lawmaking provide more welfare services use the army to oust political machines 26: The platform of the Bull Moose Party supported unregulated competition the 12-hour work day women's suffrage a Federal Trade Commission 27: Under the terms of the Sussex pledge, the German government promised that the German navy would not attack any American ships German ships would not blockade Britain and France German U-boats would warn ships before attacking the German army would never invade Russia 28: The United States decided to enter World War I in response to Germany's return to unrestricted submarine warfare France's fall to the Central Powers the Czar's growing support in Russia a filibuster by United States senators 29: German submarines aimed to atack ships that were carrying weapons to the Allies passengers to the United States food to the Central Powers oil to Mexico 30: At the Paris Peace Conference, President Wilson's program for peace angered the Russians met no resistance among the Allies was backed only by France underwent several changes 31: After Wilson presented the treaty to the United States Senate, the Senate ratified it only the "irreconcilables" backed it the Senate rejected it only the "reservationists" backed it 32: One result of Prohibition during the 1920s was an increase in alcoholism a decline in dancing and socializing the rise of organized crime the creation of urban artistic colonies 33: Which of the following was a long-term effect of Prohibition? the consumer economy the growth of organized crime an end to alcoholism in the United States the rise of fundamentalism 34: William Jennings Bryan took up the cause of fundamentalist Christians at speakeasies in Chicago on new buses to the suburbs at the Scopes trial in Hollywood studios 35: Key features of Republican administrations of the 1920s included expansionism and business regulation isolationism and laissez-faire business policy a buildup of armaments and armed forces reduction of quotas and increased immigration 36: Why did many Americans fear Vladimir I. Lenin and his followers, the Bolsheviks? They promoted a system that was hostile to American values They refused to pay back Russia's war debts They had abolished the Russian monarchy They encouraged other nations to reject socialism 37: Generally, the 1920s were marked by rising farm prices rising stock prices falling production falling wages 38: One sign that the economy might be weakening in the 1920s was uneven distribution of national wealth underproduction of consumer goods an increase in personal savings the collapse of large corporations 39: Which statement best describes the American economy in the 1920s? Wages decreased and the economy appeared weak Unemployment was at an all-time high Stock prices rose and the economy appeared healthy Small businesses dominated American industry 40: In the fall of 1929, a wave of panic selling gripped the stock market as a result of a sudden fall in stock prices corruption among stockbrokers business failures government limits on speculation 41: Not long after Black Tuesday, the stock market crash was affecting only those who had invested heavily in stocks wealthy industrialists almost exculsively millions of Americans, many of whom had never owned stocks mainly stockbrokers and banks 42: Why did FDR declare a "bank holiday" early in his administration? to cut of the use of cash to weaken the banking industry to inspect the financial health of the banks to give people in the banking industry a well-earned vacation 43: Which New Deal agency was created to help businesses? Federal Reserve Board National Recovery Administration Civilian Conservation Corps Home Owner's Loan Corporation 44: Which of the following did New Deal programs fail to address? protection of domestic workers low prices for agricultural products the decline of industrial prices Native Americans' need for schools, hospitals, and irrigation systems 45: All of the following New Deal agencies still endure today except the Tennessee Valley Authority Federal Deposit Insurance Corporation Civilian Conservation Corps Securities and Exchange Commission 46: What did Italy, Germany, and Japan have in common in the 1930s? They overturned traditional governments and established democracies. They were economic giants and together controlled world trade. They sought to solve their nations' problems through conquest They angered other nations by their persecution of the Jews 47: Although Communists and Fascists have traditionally been enemies, in 1939 which Fascist made a pact with which Communist? Hitler with Chamberlain Hitler with Stalin Hitler with Franco Stalin with Franco 48: Nazism was an extreme form of communism fascism nationalism none of the above 49: During the 1930s, the United States focused largely on preparing for war domestic affairs international affairs international and domestic affairs 50: Congress passed Neutrality Acts that were designed to support other neutral states around the world support other nations in the Western Hemisphere limit international involvement allow nations to purchase weapons on credit I know this is a whole lot i have done all this i just dont wanna turn it in untill i know its totally right please helpp &&&& please if you have nothin good to say and if your going to yell at me not comment.. THANX