Student loans
I am in default also hun and am considering consolidation with W
I am in default also hun and am considering consolidation with Willaim D. Ford Direct Loans.
ed.gov/offices/OSFAP/DirectLoan/index.html
I owe $36,000+ which are all in default. Now if I consolidate they will pay-off my 8 seperate loans...leaving me with only 1 payment. However, even though all the loans will show as paid in full on my credit report....the fact that they were in default will remain on my report for 7 yrs. I think it's 7 yrs...not quite sure about the time limit...but it's a long time. and it will continue to hurt mine and my husband's credit.
I don't think this is fair and I don't understand it...but it is what it is. If you can afford to continue with the rehab program it is the best way to go.
Please know that you are not alone....God Bless!
"Heal the past, dream the future; live the present."
http://www.consumeradvocates.org/
Find your Congressman
Find Your Senator
Know your rights under the FDCPA
Student Loan Payment Calculator. http://www.finaid.org/calc
Student Loan Payment Calculator.
http://www.f inaid.org/calculators/loanpayments.phtml
How to Deal with Illegal Loans..OhioGal's Primer
http://www.debtconsolidationcare.com...allenders.html
PDL's are ILLEGAL in the following states...
AR, AZ, CT, GA, ME, MD, MA, NJ, NY, NC, PA, VT AND DC
OH AND NH have very restrictive low cost interest rate laws.
SOL for all states
http://www.debtconsolidationcare.com...imitation.html
Thank you so much for posting this---it will come in very handy
Thank you so much for posting this---it will come in very handy for me and I know many more.
"Never give up on someone you can't go a day without thinking about".
Soaplady, This is an great post.I will contact the appropiate p
Soaplady,
This is an great post.I will contact the appropiate person and request it become a sticky.Good work.
Cajunbulldog
Keeping an eye out for consumers.
http://www.ftc.gov/os/statutes/fdcpa/fdcpact.htm#809
http://www.ftc.gov/os/statutes/fcrajump.shtm
http://www.debtconsolidationcare.com.../about216.html
Use this letter to protect your rights under the FDCPA
myfairdebt.com & myfaircredit.com-Good source of case law in forums.
Congrats,Soaplady on your sticky.This info will help out our com
Congrats,Soaplady on your sticky.This info will help out our community.
Cajunbulldog
Keeping an eye out for consumers.
http://www.ftc.gov/os/statutes/fdcpa/fdcpact.htm#809
http://www.ftc.gov/os/statutes/fcrajump.shtm
http://www.debtconsolidationcare.com.../about216.html
Use this letter to protect your rights under the FDCPA
myfairdebt.com & myfaircredit.com-Good source of case law in forums.