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 Posted: Mon Aug 28, 2006 10:56 am Subject: I'm getting bills and phone calls from education loan places |
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I graduated from Marquette with a BA in broadcast, and I wanted to know more about debt consolidation as I'm new to the work force. Currently I'm paying dues in the job market making 10.50 an hour and looking to get a certificate of major from Columbia College in chicago for Arts & Acoustics...
I' m currently an enrolled part-time student at Columbia Chicago, and happened to take the last winter semester off. However, I'm getting bills and phone calls from education loan places everywhere and it's getting conusing. I guess what I'm looking to do is get some general answers as I'm sure you have many like myself in the same rut.
Anyways, thanks for your time,
-Jason Dickey-
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jasonsrealm
Joined: 28 Aug 2006
Posts: 1
Debtcc Points: 45
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| Posted: Mon Aug 28, 2006 11:53 am Subject: |
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Hi Jason,
Welcome on the board!!
Consolidation is a good option if the unsecured debts are piling up for you. All the bills will combine together into a single payment. The interest rates in the program are also kept lower so that you save some money through this plan. Frame the payments as per your specific situation and get started with the program. Once your debts in the program are paid off, the creditors will update the accounts with the credit bureaus. This will let your credit scores go up unless you create new debt accounts and default in it. When you are in the plan, take some free budgeting sessions with the consultant. You will achieve your debt free life with ease and learn financial planning for the future.
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Gretchin
Debt Samaritan
Joined: 18 Feb 2006
Posts: 498
Debtcc Points: 8504
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