October 31st 2011
According to the Department of Education, an average of 8.8% of student loans from the 2009 school year are now in default. So if you have student loans, are you struggling to repay? Money reporter Jim Robinson has a few ideas to help.
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July 29th 2011
www.cambridge-credit.org — Part 2 of our “Life After Graduation” series. According to the New York Times, the cost of higher education has increased by a staggering 439% since the 1980s. Today’s graduates carry an average of 000 in student loan debt, nearly double the amount kids left school with thirty years ago. In today’s economy, you can imagine the anxiety and stress many of us are feeling while we try to get a job that will allow us to pay off the significant debts we owe.
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May 21st 2011
In my Student Loan accounts it says that I will be able to use a reportable tax interest form 1098E. Does that mean I can use my loan repayments as a tax credit or deductible? By the way, My loans are currently on Forbearance.
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March 11th 2011
realestatemarketingthisweek.com – Foreclosure rates on Forbearance Agreements done with banks reaches 58% – Part 3 – In studio with us today on this fine New years eve is Dan Havey, the co founder of the modification hotline as well as the author of The Foreclosure Sharks a great white paper he put together. He is also the author of Real Estates Future and this segment we are talking about loan modifications and some specific information. You also have a great story to tell about this to. Well unfortunately I have too many stories about people who have had to go through foreclosures, bankruptcies, loan modifications. The one story I want to talk about real quick is a friend of mine who unbeknownst to me went out and did a loan modification on her own and not to get into a whole bunch of technical details on it she ended up getting a pretty decent interest rate because they actually cut her mortgage payment in half and she was pretty happy about that. She owed a little bit more than the house was worth, she wasnt terribly upside down, but by the time they got done with her she certainly was going to be because the modification, and actually I should not call it a modification, I should call it a forbearance agreement, what they did to her was to say, OK we will cut your interest rate in half, we will cut your monthly payment in half, but we will take all of that deferred interest and tack it onto the back end of the loan. So that by the time her interest rate went back to …
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September 15th 2010
My student loans are through Sallie Mae and they charge 100 dollars to get a forbearance on the loans so I need to consolidate with a different company.
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August 2nd 2010
What Loan company will take over my federal student loans when the loans are in forbearance so I can go back to school?
My loans are government loans from Saillie Mae. I owe them under 00.
I heard about this company that will take over your school loans from them but I don’t know the name of the company.
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July 29th 2010
I know that student loan interest can be deducted.
My student loans are all either in deferment or forbearance. I’m accruing interest on some of them, but I haven’t actually paid any interest yet. Can I deduct the interest that accrued?
Thanks!
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July 14th 2010
What Loan company will take over my federal student loans when the loans are in forbearance so I can go back to school?
My loans are government loans from Saillie Mae. I owe them under 00.
I heard about this company that will take over your school loans from them but I don’t know the name of the company.
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