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Your best course of action would be to speak to a financial aid counselor at your school. They can help you figure out what to do, make any changes, and help you figure out your dependency status for your particular situation.

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Q: Can you change your information on your FAFSA if you and your parents no longer speak and you cannot afford the loan and school payments?
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Can a co-signer call for payment in full if the loan is not being paid?

The co-signer has no inherent authority to "call for" the payment in full of the loan. If the primary borrower is missing payments it is likely they cannot afford to repay the loan. In fact, if payments are being missed by the primary borrower the co-signer's responsibility will kick in and the lender will go after the co-signer for full payment of the loan.The co-signer has no inherent authority to "call for" the payment in full of the loan. If the primary borrower is missing payments it is likely they cannot afford to repay the loan. In fact, if payments are being missed by the primary borrower the co-signer's responsibility will kick in and the lender will go after the co-signer for full payment of the loan.The co-signer has no inherent authority to "call for" the payment in full of the loan. If the primary borrower is missing payments it is likely they cannot afford to repay the loan. In fact, if payments are being missed by the primary borrower the co-signer's responsibility will kick in and the lender will go after the co-signer for full payment of the loan.The co-signer has no inherent authority to "call for" the payment in full of the loan. If the primary borrower is missing payments it is likely they cannot afford to repay the loan. In fact, if payments are being missed by the primary borrower the co-signer's responsibility will kick in and the lender will go after the co-signer for full payment of the loan.


Where can I refinance my home in Erie, Pa. I have missed 3 house payments.?

The Lend America program "Hope for Homeowners" is designed to help homeowners who cannot afford their present payments due to escalating interest\,etc. The new mortgage is based on the value of the home and the income of the borrower to ensure a reasonable ability for borrowers to be able to make their new payments.


What are the disadvantages of buying on credit?

Purchase of items one cannot really afford and may not really need. Payment of interest, which can become excessive due to length of contract, interest rate, size of payments, etc.


What should you do if you are the primary on your car loan but the cosigner has been paying and you cannot afford the payments any longer?

Sign off your interest in the vehicle to the primary, letting him/her have the right to sell or drive the vehicle. Either way, the primary needs to have control of the property that he/she is paying for.


What type of home mortgage has payments that CANNOT change?

fixed-rate mortgage

Related questions

How many parents cannot afford college?

77%


What is a sentence for afford?

When I asked my parents for a drum kit they told me, "Sorry but we can't afford it right now.".


How many parents cannot afford to care for their babies?

1 in 3 family's cant aford it


If you have been late on payments several times but never sixty days past due can car be repossessed?

You would have to read the contract to see if someone can "legally" repossess it. But ultimately, there is someone, somewhere who makes a decision. This person can continuously let is slide, or they can just get fed up one day and take, or have someone take your car. They also know that if you cannot afford payments then you will definitely not be able to afford back payments, penalty payments, and current payments all at the same time. Nor, can you afford an attorney.


Mine income is well below the poverty line and i want to buy a house for the first time?

You cannot buy a home unless you can afford to pay the mortgage payments, taxes, insurance and upkeep of the property using your own income. You should speak with a banker to determine your status as a borrower.You cannot buy a home unless you can afford to pay the mortgage payments, taxes, insurance and upkeep of the property using your own income. You should speak with a banker to determine your status as a borrower.You cannot buy a home unless you can afford to pay the mortgage payments, taxes, insurance and upkeep of the property using your own income. You should speak with a banker to determine your status as a borrower.You cannot buy a home unless you can afford to pay the mortgage payments, taxes, insurance and upkeep of the property using your own income. You should speak with a banker to determine your status as a borrower.


Why don't you have an allowance?

You will have to ask your parents that question. WikiAnswers has no way of knowing this.


Can child support paid to the custodial parent be garnished if they owe other debts?

No. Child support payments cannot be garnished.No. Child support payments cannot be garnished.No. Child support payments cannot be garnished.No. Child support payments cannot be garnished.


Can a co-signer call for payment in full if the loan is not being paid?

The co-signer has no inherent authority to "call for" the payment in full of the loan. If the primary borrower is missing payments it is likely they cannot afford to repay the loan. In fact, if payments are being missed by the primary borrower the co-signer's responsibility will kick in and the lender will go after the co-signer for full payment of the loan.The co-signer has no inherent authority to "call for" the payment in full of the loan. If the primary borrower is missing payments it is likely they cannot afford to repay the loan. In fact, if payments are being missed by the primary borrower the co-signer's responsibility will kick in and the lender will go after the co-signer for full payment of the loan.The co-signer has no inherent authority to "call for" the payment in full of the loan. If the primary borrower is missing payments it is likely they cannot afford to repay the loan. In fact, if payments are being missed by the primary borrower the co-signer's responsibility will kick in and the lender will go after the co-signer for full payment of the loan.The co-signer has no inherent authority to "call for" the payment in full of the loan. If the primary borrower is missing payments it is likely they cannot afford to repay the loan. In fact, if payments are being missed by the primary borrower the co-signer's responsibility will kick in and the lender will go after the co-signer for full payment of the loan.


What is a minority grant?

ANSWERMinority grant is favorable for those who is struggling to manage multiple debts and cannot afford to make several payments each month. It gives them a way out by which they consolidate debt.


How can I consolidate my student loans without going bankrupt?

make the payments a little late, call creditors and tell them your situation, negeotiate the amount that you can afford to pay after adding in your other bills, get an agreement in writing so they cannot go back on their word, and start making payments.


Can a lender help avoid you having to pay for a car you cannot afford?

When you bought the car, the lender paid the dealer for the car, and you are making payments to the lender, plus interest. The lender will not help you avoid paying him.


On average what is the quality of most repossessed vehicles?

The owner of a vehicle that has been repossessed, cannot afford to make their payments, so it makes sense that they cannot afford to perform the required scheduled maintenance on the vehicle. This is not always the case but IMO, I would never buy a repossessed vehicle, unless it had extremely low mileage of say less than 20,000 miles.