Published on 2010-10-19 14:11:43 By elvisjx1
Peter Kenny asked: In simple terms, a loan default is when you have not made your agreed upon loan payments to the lender. There can be any number of reasons why a consumer may not have made payments, but once a certain period of time has elapsed, that non-payment record will become a part of [...]
Published on 2010-09-17 06:54:00 By frankliz11
The New York Times reported here has been a glut of college degrees while in the same time the job market has been shrinking along with wages. These are well known facts specially to educators and politicians. Education has been way over sold and is no longer a guarantee of a job with a good [...]
Published on 2010-10-24 10:43:15 By elvisjx1
mrman617 asked: I recently consolidated a defaulted student loan and need to purchase a new vehicle. Approximately how much of an impact on my credit score will the consolidation have the day after it hits my credit report? I’m just curious if anyone could ballpark the number of points it could jump, with no other [...]
Published on 2010-10-19 15:53:04 By elvisjx1
Jim Kemish asked: There is Still Hope!There is no statute of limitation for collection of student loans. Forget about hiding out until the collectors give up and fade away. They will hunt you down forever. And to make it worse student loan collectors have special powers that can make your life a misery. Fortunately federal [...]
