There are a range of options you can use if you can’t afford to pay, but the right one to take depends on the types of student loans you have.
Steve Rhode is known as the ‘Get Out of Debt Guy’ and he has been teaching people how to deal with money problems since the 1990’s. After his own personal bankruptcy, he formed a nonprofit organization to help people get out of debt. Since then, he’s had a syndicated advice column in 50 newspapers across the country and has written three books. He’s appeared on FOX, CNN, ABC, NBC, and MSNBC giving money advice and now he is now an investigative reporter specializing in covering consumer debt and the debt relief world.
A reader wants to put his student loan payments on pause to focus on paying down credit card debt first.
Have debt worries? Here is how to avoid being swindled.
If a cosigner is released from repaying a debt, that doesn’t mean that everyone is off the hook.
A reader keeps getting offers for debt consolidation loans, but she’s not sure if they’re a good deal.
Even if a debt is past the statute of limitations, you may still receive collection calls. Here’s what you can do…
If you simply can’t afford to pay, it may be time to pull the plug and file bankruptcy.
The stores are trying to make money off you – but you may be able to flip the script.
A reader’s student loans still exist, even though her school doesn’t. Fortunately, she has options.
A reader is worried about never being able to retire.