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Help Student Loan

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  • Help Student Loan

    Hey guys!

    Don't know if anyone can give some advice on what my options are. I have a private student loan for about $100,000 with a adjustable interest rate. I have already conslidated all my loans to get a better payment however I am paying like $1000 a month. I am married with a monthly income is roughly $4500.00. Any help is greatly appreaciated.


    Thanks Chris

  • #2
    I will be interested in hearing what others say. I have about $50k in student loans and pay $500. I called and told them that was too much for me at this time so they lowered my monthly payment but all that does is make me pay them more in the long run with interest. I had no choice however. I don't think there is much else you can do.

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    • #3
      Unfortunately, there isn't much you can do. Even bankruptcy isn't an option (not that I would even advocate that). Can you increase your income?

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