Unsure where to ask..
Date: Mon, 07/09/2012 - 09:29
Obviously I made some mistakes when I was younger, skipped out on bills, ran from debt, etc.
What I am looking at is 10k in school loans
around 1k in old cell phone bills
around 1k in old hospital bills
couple of hundred in credit card bills
And a few others here and there
My question is.. is credit counseling/debt consolidation best for me? What course should I take? I'm a little confused since there is such little credit card debt at who to turn to. I am ready to rectify my mishaps and set everything right, and of course get my credit score back to decent. Any insight?
School loans cannot be included in a consolidation loan program.
School loans cannot be included in a consolidation loan program. Are they private or federal loans? Are they in default?
As for your other debt...how old is it? What state do you live in??
They are all federal loans for school :-/ that's a shame. the ot
They are all federal loans for school :-/ that's a shame.
the others range from 3-5 years ago
OK...SOL for NC is 3 yrs....so at this point you can either pay/
OK...SOL for NC is 3 yrs....so at this point you can either pay/settle and not see any change to your credit or just wait out the 7 year reporting statutue of limitiation. Either way you are going to have to wait.
Student loans....you have to take care of them. No SOL....I would suggest logging into NSLDS to find your loans or calling 1-800-4fedaid.
You can consolidate them them thru the DIrect Loan program and get them out of default.