There is a free budgeting web app with a feature called Credit Card Debt Terminator which can be used as a Student Loan Terminator. This feature is built right into the budget and it makes it very easy to maximize the loan payment as part of an overall budgeting strategy to help pay off the loan as fast as possible in each personal situation. Short of getting an inheritance to pay off the loan, this is a very good way to optimize a student loan payout strategy.
The free web app is called Out Of The Dark (OOTD) Budgeting at: www.myootd.org
The best companies that offer student loans are Loan Approval Direct, Next Student, Sallie Mae, Federal Student Aid, Capital One, and Debt Consolidation.
I don't know, can she? Only the lender can answer that question.
Your mom will be responsible for the debt and if she does not pay it could affect her credit, she could be placed with a collection agency or sued in court.
Sometimes, as a single mom, who is also a student and loses a job plus has bad credit, it can be hard to pay your bills. In this case it would be in your best interest to look for churches or other community resources that could help.
I do not recommend an interest only mortgage for a single mom.I have an interest only morgage and after four years I am where I started with my loan. It gives you a false sense of security.
I am in college my mom defaulted on bankruptcy how can I get a loan to go to school?
Probably, but it depends on her income and credit rating.
my mom
Hey , I had the same problem as you with student loans but if you call this number: 800-435-7042 they can help you, they'll answer any questions you have.
No. Kesha's mom was a single mom
Yes
mom