I have a student loan through AES (private loan)
(private loan) that I am unable to pay due to financial hardship, and I now live outside of the USA... I have explained to the company I cannot make the 300 month repayments (as I am also paying another lender (Sallie Mae) 220.00 monthly as well as paying my living expenses .. I am so stressed and upset.. what do I do please??
This is the risk you take when you borrow private student loans.
This is the risk you take when you borrow private student loans....they are under no obligation to offer you any hardship program.
Did you have a cosignor??
You can go for private student loan consolidation to repay your
You can go for private student loan consolidation to repay your debt. This may help you lower your payments.
No she cannot go for private loan consolidation. For starters,
No she cannot go for private loan consolidation. For starters, only Wells Fargo is doing it. ...also she is not in the US..... Sounds like she is already behind....unless you have have perfect credit, you are not getting a private loan consolidation.
Michelle, you can go through the following page to know more abo
Michelle, you can go through the following page to know more about private student loan consolidation:
"http://www.finaid.org/loans/privateconsolidation.phtml"
I repeat...the OP is not in the US....she will not qualify. Plu
I repeat...the OP is not in the US....she will not qualify. Plus most of the lenders on the above page have suspended their programs.
Quote:I now live outside of the USA. Are you a US citizen? Are
Quote:
I now live outside of the USA. |
Are you a US citizen? Are you living outside US due to work related matters and will come back soon? If not, then it may become difficult for you to qualify for a private student loan consolidation.
Being a US citizen is irrelevant. The bottom line with private l
Being a US citizen is irrelevant. The bottom line with private loans is that if your credit has any negatives on it, if your loan has ever been late, you will be denied.