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private student loans

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PostPosted: Tue Apr 15, 2008 7:45 pm Subject: private student loans

i got a student loan 8 years ago from a private company with a cosigner,since then the private firm has went bankrupt,,it then went to wells fargo,,and now that i have defaulted,has went to a wells fargo collector,,my question is can they still go after my cosigner? thank you
rydermack



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PostPosted: Tue Apr 15, 2008 8:21 pm Subject:

I don't know very much about student loans, but I am sure someone will be able to answer your question soon, just hang in there rydermack. Smile
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PostPosted: Tue Apr 15, 2008 8:47 pm Subject:

I think that they can go after your co-signor not for sure 100% though, hold on someone will be along shortly to assist you.
ladybug

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PostPosted: Wed Apr 16, 2008 10:32 am Subject:

They can most definately go after your co-signor. Private student loans are commonly sold and the terms of the original note never changes.
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PostPosted: Thu Apr 17, 2008 5:40 am Subject:

I am a servant of Sallie Mae. I have 8 loans with them and pretty much work for them now. Its depressing but it was my stupid mistake that got me into this mess in the first place. I'll make do but it hurts every month when I sign that check. Embarassed Crying or Very sad
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PostPosted: Thu Apr 17, 2008 8:41 am Subject:

Keep signing the checks, for each one you sign you are that much closer to financial freedom from your student loans. If I didn't look at it that way, I'd probably scream and cry once a month.
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PostPosted: Fri Apr 18, 2008 1:25 am Subject:

I'm a servant of AES/TERI, it kills me when I have to pay those high amounts every month and can't get any forebearance because they are private and don't have to do anything (it sucks and isnt right but its their terms and I agreed to them when i signed the loan)
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PostPosted: Fri Apr 18, 2008 2:06 pm Subject:

i am a servant to many because i didnt read the fine print
rydermack



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PostPosted: Fri Apr 18, 2008 2:12 pm Subject:

Yes, they can go after your co-signer
Source: studentloanshub.com

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PostPosted: Fri Apr 18, 2008 2:28 pm Subject:

I am a servant of the most high, and what he says goes, before all others...period. In that I find comfort and have for a long time. May your higher power bless you and yours this weekend and I hope everything gets better for us all.

Love,
Luke

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PostPosted: Fri Apr 18, 2008 10:54 pm Subject:

I should add that they tend to go after your co-signer more frequently then they do you. If I'm so much as a day late with a payment, my co-signer gets like 4-5 calls a day from AES/TERI yet they rarely call me.
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PostPosted: Wed Apr 30, 2008 5:00 pm Subject:

My co-signor gets repeated phone calls daily also, if it is not there on the 28th they start calling. PIA if you ask me.

I once told the guy they were worse than the mob (LOL), no seriously you have to make sure that you pay it on time or call them ahead of time so they can make a note in your file about it.

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PostPosted: Tue May 13, 2008 10:45 am Subject:

Hi, I am a cosignor and I have to say I get alot of flack before my bf does. He doesn;t get phone calls or anything? I do and they are always wanting to know the dates and amounts of when I can pay..this is thru Key Bank?

It really sucks!!
Robin

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