Do you think it's more important work 2 jobs to pay off my student loans, or...?

I put this in the PERSONAL FINANCE section, but I%26#039;m not getting any satisfactory answers.

*Do you think it%26#039;s more important work 2 jobs to pay off my student loans, or...?

Work 1 part-time job %26amp; keep my medical benefits (Medicare %26amp; Medicaid)? I%26#039;m disabled with a college degree, %26amp; I%26#039;ve been looking for a job for months to try to pay off my student loans %26amp; haven%26#039;t found anything yet. My 6-month grace period is up. I need to gain some work experience %26amp; work my way towards self-sufficiency. I%26#039;m very freaked out, scared, %26amp; worried about going into default %26amp; my disability income being garnished. I REALLY DO want to pay the loans %26amp; debts that I owe. Every time I talk about getting a job, people tell me, %26quot;Well you don%26#039;t wanna lose your health insurance benefits.%26quot; I%26#039;m barely making a living off of my disability checks. $657/month, %26amp; my rent is 1/2 that much. %26amp; I also have other necessary monthly expenses. All of this causes me to be broke by the 3rd of the month. I wish I could work. But I%26#039;m too mentally disabled to work. This is a tough choice to make. I suffer OCD, anxiety, depression, %26amp; Tourette%26#039;s. I can%26#039;t focus or concentrate well on the job. What do I do?

24 minutes ago - 3 days left to answer.

Additional Details

46 seconds ago

I%26#039;m currently UNEMPLOYED, no one wants to hire me because of disability discrimination since they see my tics. Also, I don%26#039;t function well around people. I do better living alone. My family is very unsupportive, so I%26#039;m on my own.

Do you think it%26#039;s more important work 2 jobs to pay off my student loans, or...?

Have you considered talking to the student loan companies and requested a deferment or forebarance on payments since you are disabled and unemployed? They do offer it in certain circumstances. You might want to consider working for the federal, state, or local governments since they have a program to hire disabled workers. Government workers get great benefits compared to private employers. Also, there is a program for goverment workers to get their student loans forgiven. You will need to talk to the Office or Department of Vocational Rehabilitation in your area to get the necessary paperwork for qualifying for the disabled employee applications to qualify. Good luck!

Do you think it%26#039;s more important work 2 jobs to pay off my student loans, or...?

Your student loans can be put into forebearance for alot longer than you think. Especially with a disability. Communication with Sallie Mae is your best bet. If you are unemployed than you can get your loans defered for 2-3 years. I have a friend who has loans out and has been defered for the past 10 years, legally. If you are disabled than they can%26#039;t take your medicaid away. Don%26#039;t worry about that. Concentrate on defering those loans. Call them up and tell them your circumstances. Communication is the best tool.

Hope this helps and good luck.

Do you think it%26#039;s more important work 2 jobs to pay off my student loans, or...?

If you are struggling to pay off your student loan, you need to look into getting a debt consolidation quote. When you get a free online debt consolidation quote, you are also gaining a valuable evaluation of your financial situation. As part of the company%26#039;s process when%26lt;!--getting a free online debt consolidation quote, you will have to state your long and short-term financial goals and make a plan for your financial recovery which will help you to seriously consider your situation in a positive light. You will be able to review and update your financial recovery plan as necessary.

http://best-loans.awardspace.com/student...

You must make sure that you get a free debt consolidation quote from a reputable company before you take the step of getting a quote from any company. By only seeking quotes from trustworthy companies, you can be sure that the company that you do choose will be there for you when you need them--%26gt;Search online for reviews on the company閳ユ獨 service and accomplishments with their clients. As part of your research, email and call a company so you will see the quality of service that the company gives to its clients.

Do you think it%26#039;s more important work 2 jobs to pay off my student loans, or...?

Concerning your student loans, you can consolidate them now, and place the new loan into deferment. You don%26#039;t have to be employed to consolidate federal student loans and you get a fixed rate - I%26#039;d suggest FedDirect. Go to federal-direct.com. Good Luck!

Do you think it%26#039;s more important work 2 jobs to pay off my student loans, or...?

If you received financial assistance for your education through Vocational Rehab (or even if you didn%26#039;t) I think you should contact your local office and get connected with the services they have to get you employed as soon as possible. This is what they do for a living. Virtually everyone is employable, it%26#039;s just finding the right fit.

Also that was said before, you need to contact your lender and tell them your situation, they can either reduce your payments to interest only.... or defer them for a specific amount of time. Better this than let them go into default.

I%26#039;m not sure what the whole %26quot;....important to work 2 jobs to pay off my....%26quot; part of the question is, since you can%26#039;t seem to find one. But whatever.

How much would a monthly payment be on an $80,000 student loan?

Id guess I%26#039;d be making $45,000-$50,000 a year. I know that interest rates change, and one can finance a loan differently, but what is an average, ball park fihure for a monthly payment on a loan student loan of $80,000?

How much would a monthly payment be on an $80,000 student loan?

Your monthly payment will be based on your status as a student and what kind of loan(s) you have taken out.

Stafford loan rates are determined according to if the student is in school/in grace, or in repayment. The in school/in grace rate is .6% lower than the in repayment rate. Also, if a Stafford loan was issued before June 30th, 2006; those loans have a variable interest rate which changes from year to year.

Perkins loans interest rates are always fixed at 5%.

In addition, if you do not consolidate your federal student loans, you are automatically set up on a 10 year repayment plan.

So for $80K in federal student loans, assuming your are in repayment status, and have taken out Stafford loans all issued before June 30th 2006, monthly payments would be about $934 a month.

Consolidating your federal student loans, not only saves you a significant amount of money on your monthly payments, but also resets your forbearance and deferment privileges.

How much would a monthly payment be on an $80,000 student loan?

What is the interest rate?. . how long do you plan to finance the balance 5. .10. 15. . or 20. years?

How much would a monthly payment be on an $80,000 student loan?

Assuming an interest rate of 5%, the following amortization and payments:

30 years $429.46

25 years $467.67

20 years $527.96

15 years $632.63

10 years $848.52

Hope this helps

Should I consolidate my student loans?

I am starting law school this fall. I have about $25,000 in undergraduate student loans and I know absolutely nothing about finances! My loans are spread among 4 different lenders and people are calling my house everyday telling me that I will get all kinds of benefits if I consolidate. I didn%26#039;t consolidate when I graduated because the interest rate was high and my loans will go on deferment when I start school. So...the question is, will it really be worth it to consolidate now or are people just trying to sell me a loan? If I do not consolidate now, what are the chances that the interest rate will be lower by the time I graduate law school? Help!

Should I consolidate my student loans?

If you are in deferment, there is not so much of a need to consolidate, especially if you have government guaranteed loans and not personal education loans. But even in deferment, interest is accruing, you just aren%26#039;t on the hook to pay it, so you should find the lowest fixed rate option you can find.

The interest rate question is a little bit harder because you have to have a view 3 years out. Rates have been rising, but are still reasonable. If there is a wider effect from subprime mortgages and a slow down in the economy, rates may come back down. If the economy gets stronger, rate may increase. Are your loans fixed rate right now? You might not have to worry depending on the specifics of the existing loans.

Should I consolidate my student loans?

If they are government backed loans, you should not be required to make any payments while you are in law school. Until you start making payments, it makes absolutely no difference. When you leave law school, it may be worth consolidating. If you consolidate now, you may lose the option of consolidating after law school. Anyone that thinks they know what rates will be at any time in the future is wrong.

Should I consolidate my student loans?

Try these pages it will definitely help u in solving your problem.

http://lnk.in/4tds

Should I consolidate my student loans?

OK, first of all, even if you consolidate you can still use the deferment when you go back to school, it is your federal right.

Second, You have your loans spread out between four different lenders, when you consolidate that will be one, which helps your credit, less open lines of credit.

Third, no matter what company you consolidate with, your fixed interest rate WILL be the same, it is figured by a federal formula all companies must follow. If anyone tells you other wise, they are lying or misinformed.

Fourth, the main difference between companies are reductions and rebates, but most of them depend on you going into repayment, so those won%26#039;t matter for you because you will be in deferment, and when you graduate you will want to re-consolidate anyway.

Fifth, there is always a chance that interest rates will go down, but three years ago the variable rate on federal loans was at 2.77%, now they are at 6.62%, and it doesn%26#039;t look like the rates are going down within the next ten years. But, like I said earlier there is always that chance.

hope that helps

I have a credit score of 637. Will I qualify for a private student loan?

I have a job lined up for January of 2008 with an investment banking firm in NYC. I have one semester left at a private university (tuition=17k). I%26#039;m trying to figure out a way to finance my remaining semester and federal money won%26#039;t cover it. I was wondering if you knew of any private lenders that may approve me for a private student loan without a cosigner (I don%26#039;t know of anyone with good credit who can cosign).

I have a credit score of 637. Will I qualify for a private student loan?

You should find one here : http://index-go.com/student-loans-financ...

Good luck !

I have a credit score of 637. Will I qualify for a private student loan?

Try SallieMae.com they did my loan and my credit was worse than yours. GOOD LUCK ON YOUR FUTURE AND THE LOAN!

I have a credit score of 637. Will I qualify for a private student loan?

Check with your state%26#039;s scholarship and grants office to see if it offers a private educational loans. These are usually available at a much lower interest rate than the average private educational loan. In lieu of that, I would recommend you look at one of the following. They give excellent service and offer loans to students without a cosigner, albeit at a slightly higher interest rate.

I have a credit score of 637. Will I qualify for a private student loan?

I don%26#039;t know about giving personal information to these guys on here. Banks do student loans and 637 is pretty good. Maybe you can look for a job starting at one of these places that has tuition assistance also. That might be another start. Oh, sorry, I see you have a job lined up maybe they have tuition assistance.

I have around $7,000 of credit card debt. I'm a full time student and I want advice to get it u

The debt is spread over 2 cards, the most on an American Express. I%26#039;ve used the cards for paying rent and other living and school expenses that my student loans didn%26#039;t cover. I%26#039;ve had the cards since 2005 and the balance has been increasing some each semester. I haven%26#039;t ever missed a payment due date, but I usually pay just a little over the minimum amount due (which for the Amex is now around $120, the Mastercard isn%26#039;t bad, it%26#039;s just $15). I stopped using both cards this summer because I didn%26#039;t want to add to the debt. I%26#039;ve tried getting a job at a bunch of places, but my school schedule makes it hard to get a decent one. Even after 3 or 4 months of making payments though since this summer, it doesn%26#039;t seem like the balances are decreasing much at all. There%26#039;s some finance fee around $80-$90 that takes away most of the payment I make each month. How can I get things under control? I need a job. I%26#039;ve stopped using the cards. But nothing seems to be going right so far.

I have around $7,000 of credit card debt. I%26#039;m a full time student and I want advice to get it under control.

Sounds like you%26#039;ve built up a good credit record. The problem as you%26#039;ve noticed is most of your payment is going to finance charges.

The best solution is to look for a lower interest card and transfer the balances to it. For that I have to suggestions:

1. Go to www.cardweb.com or www.bankrate.com and look for cards offering 0% balance transfer or low interest rate (like 3% to 5%) for life of the balance. Then do a balance transfer.

2. If you are a student, see if your school has a credit union available. Often schools faculty and workers are eligible, and so are students. Credit unions have much lower standard interest rates then commercial banks on their credit cards. Being a credit union member is a good idea anyway, as their services are much cheaper then a big monster megabank.

Then after finding a lower interest card, even if you make the same payments more will pay off principal each month.

I have around $7,000 of credit card debt. I%26#039;m a full time student and I want advice to get it under control.

What else are you spending your money on? Start tracking your money and learn exactly what you spend it on. Even if its a 10 cent piece of gum make note of that.

Then see where you can cut back. Buying real food instead of fast food ect less trips to starbucks.

Now, take the extra saved money and start putting it toward your cards. Theres two ways to pay off the debt.

Some say tackle the bigger interest rate card first this way you pay less interest on the balance.

Others say tackle the card with the smallest balance and get it paid off. Then take the amount you were using on the smallest balance and put that toward the bigger balance along with payment you were already putting down on it.

the later is also called snowballing

either way would work, its up to you which to pick.

Keep working at it, you%26#039;ll get them paid off.

I have around $7,000 of credit card debt. I%26#039;m a full time student and I want advice to get it under control.

You are in a common situation. Minimum payments required on most cards barely cover the interest due for that specific month. Thus, you don%26#039;t get ahead. You simply pay for the cost of using the money. The only way to get this under control is to find a way to make money and make substantially higher payments until the debts are retired.

You might also check around for deals on %26quot;zero balance transfer cards%26quot;. With some of these cards, you can transfer your current balances to the new card and pay a zero interest rate for up to twelve months. If you do that, simply do not use the card, and use THEIR money free for twelve months. At least, for that year, every penny you pay will reduce your principal with nothing going to interest charges.

I have around $7,000 of credit card debt. I%26#039;m a full time student and I want advice to get it under control.

It takes a very, very long time to pay off your credit card debt if you only pay the minimum. Most card issuers set your minimum payment at 4% of your debt -- so a $5,000 credit card balance with an 18% interest rate would start out with a $200 monthly payment. But if you only make that minimum payment, it will take 12.5 years to pay off your credit card debt, during which time you%26#039;ll pay the card company a total of $2,916 in interest -- more than half the cost of the whole loan in interest payments. And that%26#039;s assuming you don%26#039;t make any new charges on the card! Credit card interest is wasted money that you could have used instead to help reach your financial goals.

First, if you have been paying on time call the customer service number for your card and ask them for a lower interest rate. This ten minutes could save you money. Nearly 70% of people who do this actually get a lower rate. Next, any extra money you have either pay to the card with the higher interest rate or the card with the lowest balance if the two balances are a lot different (I%26#039;m assuming yours are because of the large difference in minimum payments.) As soon as the first card is paid off pay as much as you can on the other card.

Many people have fallen into the easy credit trap, hopefully you have learned a valuable lesson early. Namely, you can%26#039;t live off a credit card.

I have around $7,000 of credit card debt. I%26#039;m a full time student and I want advice to get it under control.

You are doing everything right! It took time to go into this mess and so it will take time coming out of it. Think of it as paying yourself to be free of this. It will work out. I say a year of this and it should be over. Focus on limit and success. You go for it!!! Success!

I have around $7,000 of credit card debt. I%26#039;m a full time student and I want advice to get it under control.

Why can%26#039;t you live on campus? That is usually a cheaper alternative to living alone and you didn%26#039;t say anything about having roommates.

Once the balance gets so high, it gets very steep and hard to pay off, all you can do is keep paying them off or see if you can open up another credit account that has a 0% APR for 12 months or so and transfer the balance, but make SURE they are not going to charge you a transfer fee to do it (which can be as high as 3%).

You don%26#039;t really have a choice but to make some major lifestyle changes until you can get through school.

I have around $7,000 of credit card debt. I%26#039;m a full time student and I want advice to get it under control.

If a person has accumulated a large amount of credit card debt due to multiple credit cards, the need for a proper counseling for credit card debt consolidation can%26#039;t be understated. Credit card debt consolidation counseling helps a person get vital insights into the facts that can help him get control over the credit card debt.

Credit card debt consolidation counselors are experts with a good knowledge of debt management, budgeting and behavioral patterns of credit card holders. These services are vital for those struggling to manage their credit card debts. Also called credit counseling or debt counseling the credit card debt consolidation counseling brings immediate relief to a credit card holder.

A person seeking credit counseling can get it from two types of organizations. The professional or commercial organizations, and the non-profit organizations. As depicted by its name or categorization, the commercial organizations charge money for their credit counseling sessions and consolidation help on the other hand the non-profit organizations offer free of charge services. Just because the non-profit organizations are free, it doesn%26#039;t undermine their quality of service. The persons associated with such organizations are thorough experts and have lived the trauma of being under credit card debt themselves and hence bring their vital experience to the credit card holder.

When a person approaches a credit counseling agency, the first thing it will do is to take stock of the situation and get various facts about the credit card debt. The credit counseling agency collects data about the income, expenditure and spending habits. It will guide the credit card holder about budgeting benefits and try to inculcate good financial habits. Read more from: http://www.credit-card-gallery.com/artic...

I have around $7,000 of credit card debt. I%26#039;m a full time student and I want advice to get it under control.

Call both cards and ask for a reduction in interest rates this will help payoff the cards sooner. Or you can always apply for a low interest card or a 0% card and see if you can transfer balance to pay it off.

I have around $7,000 of credit card debt. I%26#039;m a full time student and I want advice to get it under control.

You don%26#039;t have such a hige debt, you should be able to handle it by yourself in no time. Here%26#039;s a great article on how to do so: http://www.usaindebt.com/2007/10/02/gett...

As a returning adult student to college would I get better government financing living on or off cam

I ask this question as I am considering if I should pursue a community college at less immediate cost or try to finish my three years out at a four year college. Can I get money for room and board, so to speak, if I%26#039;m living off campus, or does that go away when you choose not to use dorms? How does this work for Seniors who live off campus, for example?

Thanks.

As a returning adult student to college would I get better government financing living on or off campus?

Where you live is not taken into consideration in terms of how much funding you can get. They put all of your aid from all sources (loans, grants and scholarships) into your student account, pay your tuition and fees (and dorm expenses if you live off campus), then they disburse the rest to you directly to be used for books and living expenses. So if you have $5000 in aid for a term and your tuition and fees cost $3000 and you live off campus you will get $2000 back. If you live on campus you will get less in your pocket because they will just use your $2000 to pay for the dorm costs. Hope that helps!

Student Loans?

I am wanting to go to beauty school but my credit is pretty bad and I cant get a loan without a co-signer. The problem is, all the places i have checked out will not pay for the whole program, just part of it. I dont have any money to cover the other half of what the loan will not cover. So I was thinking about applying to an acedemic school and getting a student loan for that, since they will cover all of finances for that type of school and at the last minute before school starts, I will withdraw then use that money to go to the beauty school of my choice... what will happen if I do that. I understand I will have to start paying back the loan money immediatly instead of making payments after my schooling is done(if i went to the acedemic school)... the loan that I am wanting to get sends the money to you and not the school, so that will enable me to put that money towards the beauty school...what are the problems i might come into if i do that...?

Student Loans?

Ok, first off , nearly all schools whether for profit or not will student loans from the federal government, you dont need good credit to get those kind of loans. Second of all, for the kind of private student loans you are referring to, you can be going to any type of school and still be eligible for a loan from them because they are not through the federal government. I think you need to do a little more research.

Student Loans?

Have you applied for any grants?

Student Loans?

What about getting a credit card and then filing bank ruptcy on it afterwards...No just kidding..What about a job that helps pay for it.

Student Loans?

As someone who works in the business office at a university, I will tell you what we do. We would not disburse loan funds directly to the student--they are paid electronically directly from lender to institution. We would only refund an amount that would exceed the cost of attendance, never the whole amount of a loan. We also would not approve or certify any loan for an amount that exceeded the cost of attendance.

If someone did get loan proceeds and then dropped (rarely does happen), we%26#039;d send the student a bill, and if that wasn%26#039;t paid, we%26#039;d send it to a collection agency, then take them to court.

Student Loan Question?

I took out a student loan from Sallie Mae so I could go to college. At the time I took out the loan, I was married and had 4 children. We have since divorced and I had to quit going to college. I am having financial problems, trying to pay rent and take care of my children on my own with no child support and I am really have a tough time paying back my student loan. Now they are telling me my student loan defaulted. I have called them and told them my finances and I have sent them copies showing them how much money I make( which is less then $10,000 a year for 5 people. How can I get this default off of my credit? I want to go back to college one day but for now I have to work to take care of my kids.

Student Loan Question?

You should have made the call BEFORE you defaulted. There are certain times when you can get a loan deferred for financial hardship...I don%26#039;t know if they are as likely to do that for you though if you already defaulted. Call and talk to the school too, they should be able to give you tips.

Also, try to get a different job that pays more and sue the ex so that he starts paying child support!

Student Loan Question?

Since your Sallie Mae loan is in default it means that you were in forebarence for at least 9-12 months (making no payments) prior to going into default.

Now that you are in default (and yes, it will stay on your credit report) you will have to make those payments for 9 consecutive months before you will be in good standing.

It%26#039;s doubtful at this point the lender is going to work with you to give you lower payments. Had you called them prior to going into default they most likely would have helped you.

It%26#039;s also doubtful you%26#039;ll find someone to consolidate you with a default on your credit report.

I know your situation is hard, but you%26#039;re going to have to look outside the box for additional employment that will work with your situation.

I wish you the best of luck.

Student Loan Question?

Getting a defaulted loan off your credit is difficult to say the least. Keep writing them and the credit bureaus and document everything. This will help in the long run.

What are the possibilities in KEAM 2007 for a non-keralite category II student?

I am a Tamilnadu student %26amp; want to join in any of the self-financing medical colleges in kerala....my mark is low only 82% but I can prepare hard for KEAM 2007....what are the possibilities for me to get seat inside kerala ? Can I apply ?please helpm me

What are the possibilities in KEAM 2007 for a non-keralite category II student?

Why don%26#039;t you try for admission in Bangalore. Many good colleges are there with bright future and scope.

For details on colleges visit

getTarget com

Hi i am searching for finance projects list which are apt for mba students prefarbly with technology

Have you talked to a professor or your academic advisor about this? They would be a far better resource than some stranger on the Internet.

Home students, how can I live?!?

I am starting an OU degree, I will be required to study f/t

I have just left my job and I have contacted the Student Finance people about loans etc and they don%26#039;t give you them for OU students, the OU give you a grant of 鎷?50...

That%26#039;s absolutley rubbish..

Is there any thing I can claim while studying this??

How am I supposed to live, I have bills to pay etc just like any %26quot;proper %26quot; uni student.

Part time work will not cover my outgoings.

I know I can claim housing benefit, but what about my electric and tv licence internet phone and food?!

Any ideas would be great, I cannot go to Uni f/t as I do not have the correct Q%26#039;s to get in..

This is my only option at having a decent career..

I don%26#039;t know what to do.

Home students, how can I live?!?

You might be able to get additional financial support from the OU. They can help you with e.g. internet costs. Have you tried contacting them as you might be entitled to more than you think.

http://www3.open.ac.uk/courses/about/p6_...

Home students, how can I live?!?

You will need to get a job. OU courses were designed to be studied in spare time by people who are working. My friends husband is studying for a degree with OU, he has a full time job, wife %26amp; 4 children %26amp; also runs a church group one night a week. It%26#039;s hard work but it is possible.

My pay is being garnished for a student loan.Now the bank is too because of a auto loan.Is this lega

I get garnished for 500.00 a month.My car was reposed and I am already being garnished for a student loan 160.00 every two weeks.Now the bank that financed the car is garnishing my 100.00 every pay period too.Their garnishment is 10 percent,making this 25 percent of my take home pay being gone.Can two garnishments take place at the same time.I called my pay roll and she said that this was court ordered.I even called the banks lawyer and he stated only one garnishment at a time.I don%26#039;t feel that I should have to pay back the bank because I no longer have the vehicle.They stated that I owe the remaining balance.What should I do.I don%26#039;t wanna file another bankrupcy because the dept is only 15 thousand total.I did hold on to the vehicle for 5 months without paying on it because I had to look for a job.

My pay is being garnished for a student loan.Now the bank is too because of a auto loan.Is this legal?

Do you have copies of the garnishment paperwork? Yes, it is legal for them to garnish your check and it is legal to have more than one garnishment. However, there is a limitation on the garnishment amount... Usually it is up to 25% of your disposable earnings; however it varies within state/federal laws. You should reference the paperwork for the garnishments to see what the maximum percentage was indicated.

My pay is being garnished for a student loan.Now the bank is too because of a auto loan.Is this legal?

Auto Loan Guide: http://autoloans.autoloanassis... Report It

My pay is being garnished for a student loan.Now the bank is too because of a auto loan.Is this legal?

If you%26#039;re not paying your bills, they have every right to garnish your wages to collect the money owed.

You just said you didn%26#039;t make your car payment for 5 months. Many lenders will repo after 90 days! Did you call the bank and explain to them you%26#039;re out of work and ask them to cut you a little slack? Sometimes they will. If you didn%26#039;t, then, you bet what they%26#039;re doing is legal.

My pay is being garnished for a student loan.Now the bank is too because of a auto loan.Is this legal?

Very legal. Try to get a handle on your finances, and how you spend your discretionary income. You%26#039;ve got a long, hard life ahead of you if you continue on this path.

My pay is being garnished for a student loan.Now the bank is too because of a auto loan.Is this legal?

Wage garnishment is a legal procedure in which a person閳ユ獨 earnings are required by court order to be withheld by an employer for the payment of a debt such as child support. Title III of the Consumer Credit Protection Act (CCPA) prohibits an employer from discharging an employee whose earnings have been subject to garnishment for any one debt, regardless of the number of levies made or proceedings brought to collect it.

Title III protects employees from being discharged by their employers because their wages have been garnished for any one debt and limits the amount of employees%26#039; earnings that may be garnished in any one week. It does not, however, protect an employee from discharge if the employee%26#039;s earnings have been subject to garnishment for a second or subsequent debts.

Title III applies to all individuals who receive personal earnings and to their employers. Personal earnings include wages, salaries, commissions, bonuses, and income from a pension or retirement program, but does not ordinarily include tips.

A garnishment is a means of collecting a monetary judgment against a defendant by ordering a third party (the garnishee) to pay money, otherwise owed to the defendant, directly to the plaintiff.

Wage garnishment, the most common type of garnishment, is the process of deducting money from an employee%26#039;s monetary compensation (including salary) as a result of a court order. In the United States, such payments are limited by federal law to 25 percent of the disposable income that the employee earns. Garnishments can be taken for any type of debt but common examples of debt that result in garnishments include:

child support

taxes

Unpaid Court Fines

any other type of money judgment

When served on an employer, garnishments are taken as part of the payroll process. When processing payroll, sometimes there is not enough money in the employee%26#039;s net pay to satisfy all of the garnishments. In such a case, the correct order to take a garnishment must be satisfied. For example, in a case with federal tax, local tax, and credit card garnishments, the first garnishment taken would be the federal tax garnishments, then the local tax garnishments, and finally, garnishments for the credit card.

At present four U.S. states 閳?North Carolina, Pennsylvania, South Carolina and Texas 閳?do not allow wage garnishment at all except for debts related to taxes, child support, federally guaranteed student loans, and court-ordered fines or restitution for a crime the debtor committed. Several other states observe maximum thresholds that are lower than the 25 per cent maximum provided by federal law. States may also prohibit garnishment altogether in certain circumstances. For example, in Florida the wages of a person who provides more than half the support for a child or other dependent are exempt from garnishment altogether (though this exemption is subject to waiver).

The other type of garnishment, also known as attachment, requires the garnishee to deliver all the defendant%26#039;s money and/or property in the hands of the garnishee at the time of service of process to the court, to be paid over to the plaintiff. Since this type of garnishment is not continuing in nature, but is not subject to the type of restrictions that apply to wage garnishment, it is most often used against banks, or other persons or companies that incur liquidated obligations in the regular course of business.

There are only a few requirements that must be meet before the IRS start a wage garnishment:

The IRS must have assessed the tax and sent a Notice and Demand for Payment;

The taxpayer must have neglected or refused to pay the tax; and,

The IRS must have sent a Final Notice of Intent to Levy and Notice of Your Right to A Hearing (levy notice) at least 30 days before the levy.

The IRS can serve the Final Notice in person, leave it at the taxpayer閳ユ獨 home or usual place of business, or send it to the last known address by certified or registered mail. It is important to note that the IRS is only required to send the Final Notice to the last address known to it. The taxpayer does not need to actually receive the notice for it to be effective. Many taxpayers never actually receive the final notice. Those taxpayers may not realize they are in danger of receiving a levy until their wages are actually garnished.

My pay is being garnished for a student loan.Now the bank is too because of a auto loan.Is this legal?

Did you go before a judge? when you were summoned to court did you show up. That is the most important thing you can do. If you failed to show up then you were considered at fault and basically anything goes. Also the car should have been sold and you are liable for the balance of the car even if you turned it in. You should call the court and find out when they are going to be reviewing the garnishment, every so many months they have to re present it to the court. What ever you do go to court. I wish I knew of a solution since I am not an attorney I am clueless hopefully someone one here will be able to give you more detail.

Kourtnie Donihoo

The E.D.A. Group

My pay is being garnished for a student loan.Now the bank is too because of a auto loan.Is this legal?

Yes you can be garnished and yes even though you no longer have the vehicle you still owe the amount due on the contract.

My pay is being garnished for a student loan.Now the bank is too because of a auto loan.Is this legal?

When you can%26#039;t pay your bills you have to call them right up and explain. Keep a notebook of every date, time, name and conversation, and keep doing it until some correspondence passes between you and the money handler by certified- signature-required mail. Most likely they will work out something that you can live with because they will see that you are acting in good faith. They might even direct you to the services of a financial planner.

You acted like a car thief, using the car for 5 months without paying for it. So what if you weren%26#039;t, that%26#039;s how it looks. And you knew you were going to have to pay that student loan off, didn%26#039;t you? Grow up.

Scale back on your expenses for a couple of years. Are you trying to live a wine %26amp; steak lifestyle on a beer %26amp; burger salary? Maybe you%26#039;d better try milk and peanut butter sandwiches for awhile. People DO DO it and live to tell about it. Quit whining and count yourself lucky for a lesson learned before you have a wife and kids and house in the equation. Alot of people broken-heartedly wish they%26#039;d learned how to manage their finances earlier. Congratulations on receiving this early opportunity!

My pay is being garnished for a student loan.Now the bank is too because of a auto loan.Is this legal?

well if the student loans were gauranteed by the government then filing bankruptcy will do you no good. As for two garnishments, it all depends on state law and odds are yes they can do it. But long story short you had loans you didn%26#039;t pay. Did you even try to deferr the student loans? People do it all the time sometimes for over ten years.

Basically it is legal and they will be collecting it every week including any tax refund.

My pay is being garnished for a student loan.Now the bank is too because of a auto loan.Is this legal?

This happened to me before with a 10 yr old credit card. I went to a lawyer and talked to them, I ended up not having to pay a penny, you should get your own attorney. I think that you do have to pay the difference between the book value of the car and the loan amount. As far as the student loans, you are screwed. Once you default on them, they can take everything from you. Also, student loans cannot be cleared through bankruptcy! Good Luck

My pay is being garnished for a student loan.Now the bank is too because of a auto loan.Is this legal?

try to settle with that auto judgment for less or work out a payment plan. Most states alow 25 percent of you pay to get granished. with guessing your income is over 40k a year making you attractive for them to file suit. people think once your car get repoed you are done with it, they are wrong and it is very unfortunated. settle settle settle, threaten bankrupcy and see if you can get a 7-9k loan and tell them if they do not take it you dont have anyother choice then to file bankruptcy. that will raise eyebrows and with that cash in hand it will get that taken care of. Make sure to get all of that in writting. Your student loan if it is federal there is nothing you can really do, bankrupcies dont forgive that debt.

My pay is being garnished for a student loan.Now the bank is too because of a auto loan.Is this legal?

Yes, two garnishes can be made at the same time. They can%26#039;t take more than 25% of your pay with the total garnishments. If the payroll is 25% or less, there%26#039;s not much your payroll dept can do since they are following the law.

My pay is being garnished for a student loan.Now the bank is too because of a auto loan.Is this legal?

Apparently someone needs to be kind enough to tell you the truth. You are a self-centered irresponsible little brat! You are totally out of control. You already went through one bankruptcy, then bought a new car on credit. I think you should be completely scared of yourself...your track record for making good financial decisions is horrible. New cars are not worth the hassle you are living with, better to pay cash for a beater-mobile than to live through the nightmare you brought on to yourself. I%26#039;m sorry that you lost your job. I know that%26#039;s not a fun place to be, but you really needed to get several temp jobs to carry you through the 5 months. Apparently you decided that you were too good for that, so you just quit making the car payments.

I hope this is the last wake-up call you need to get your life straight and realize that you are the victim of your own self-indulgence. For most of us, money is limited and only you can make smart decisions for yourself. If you find my comments upsetting and unsettling then GOOD, maybe there is hope.

By Federal Law your wages can be garnished up to 25% of your take home pay. There is a restriction that the same creditor cannot run multiple garnishments, however this does not prevent 2 different creditors from running garnishments at the same time. However the grand total of all garnishments cannot exceed 25% (unless you%26#039;re an extremely high-income earner).

As far as your feeling that you should not have to pay back the bank because your vehicle is repossessed is just plain wrong. You are legally and morally obligated to pay the whole amount. You probably could have paid cash for an older used car, but chose to purchase a newer car instead. New, and newer cars drop in value at an extreme rate, and you undoubtedly were upside down on the loan which is why the lender is coming after you with garnishments.

Get your act together, and start living within your means.

My pay is being garnished for a student loan.Now the bank is too because of a auto loan.Is this legal?

Yes.

I suggest you to get a second job and sell everything you have (Including your clothes and your bed)

I also suggest you to buy your next car with your own cash.

My pay is being garnished for a student loan.Now the bank is too because of a car loan.Is this legal

I get garnished for 500.00 a month.My car was reposed and I am already being garnished for a student loan 160.00 every two weeks.Now the bank that financed the car is garnishing my 100.00 every pay period too.Their garnishment is 10 percent,making this 25 percent of my take home pay being gone.Can two garnishments take place at the same time.I called my pay roll and she said that this was court ordered.I even called the banks lawyer and he stated only one garnishment at a time.I don%26#039;t feel that I should have to pay back the bank because I no longer have the vehicle.They stated that I owe the remaining balance.What should I do.I don%26#039;t wanna file another bankrupcy because the dept is only 15 thousand total.I did hold on to the vehicle for 5 months without paying on it because I had to look for a job.

My pay is being garnished for a student loan.Now the bank is too because of a car loan.Is this legal?

Do you have copies of the garnishment paperwork? Yes, it is legal for them to garnish your check and it is legal to have more than one garnishment. However, there is a limitation on the garnishment amount... Usually it is up to 25% of your disposable earnings; however it varies within state/federal laws. You should reference the paperwork for the garnishments to see what the maximum percentage was indicated.

A website I%26#039;ve recommended in the past would be...

http://www.safelinked.info/go.php?link=a...

All the best to you.

My pay is being garnished for a student loan.Now the bank is too because of a car loan.Is this legal?

it is legal, it was a contract, so doesnt that mean you get the car back if you pay the remaining balance plus fees and penalties, you should contact a lawyer

My pay is being garnished for a student loan.Now the bank is too because of a car loan.Is this legal?

If you dont pay your bills, your creditors do not have to stand in line, or check with others, to get their $$%26#039;s from you.

You might want to get a lawyer, or credit specialist to negotiate for you with your creditors, to lower the garnishments.

If you have anything else outstanding, you might end up with another garnishment.

My pay is being garnished for a student loan.Now the bank is too because of a car loan.Is this legal?

I%26#039;m not sure if it%26#039;s legal or not but i am pretty sure by reading other answers by him, that Palo Kara%26#039;s too good to be true loan is probably a scam all on it%26#039;s own. Don%26#039;t give them any information about yourself it seems like you have enough problems. Don%26#039;t count on someone giving someone with bad credit an amazing deal....sorry to hear about your checks because I don%26#039;t think it%26#039;s right.

My pay is being garnished for a student loan.Now the bank is too because of a car loan.Is this legal?

You need to attend and complete a consumer credit counseling class or series of classes. They are free at most local library%26#039;s and community colleges.

It is time you take responsibility for your financial situation and realize YOU are responsible for your debts. Period. These agencies have the right to garnish your wages if you don%26#039;t pay them. Filing bankruptcy %26quot;AGAIN%26quot; is not normal. Once is not normal!!

Don%26#039;t plan on getting a tax refund this year, it will certainly be seized as well.

My pay is being garnished for a student loan.Now the bank is too because of a car loan.Is this legal?

As far as i know,this is a question with many different answers,it is really depend on the judgement of yourself,provide a great resource here for reference though.http://carloan.onlineidea.info/auto-calc...

My pay is being garnished for a student loan.Now the bank is too because of a car loan.Is this legal?

I am no gonna say I am one hundred sure about it.Besides it really depends on the personal feelings.

SO it would better for you to find yourself.Here is a good resource.http://homeloan.online-assistant.info/le...

MBA ( Finance & Banking ) by Indian Institute of Commerce and trade, Lucknow ?

MBA in Finance %26amp; Banking

centre for excellence in management education

Indian Institute of Commerce and Trade

IICT B School , LUCKNOW (INDIA) Estd. 1997

website : www.iictindia.com www.iict.in , Email : info@iict.in

CORRESPONDENCE Autonomous Management Program

Duration of MBA is 2 year. (under fast track 1 year)

Area offered : Banking , Foreign Trade , Marketing , Finance, HRD, Tourism, Software Marketing, Retail Management ,Pharmaceutical Marketing, Insurance, Hospital management , Information technology, Operations

(under dual specialisation opt any two area) Its a Distance Learning Course.

All courses of IICT are autonomous.

More than 15 countries students are already persuing IICT courses, since 1997.

IICT courses are highly recommended, reputed and accepted courses in industry/Corporate

sector for last 10 years. There is no entrance test for admission. It is direct. The Admission into the IICT Distance Learning Programs is open throughout the year .

MBA ( Finance %26amp; Banking ) by Indian Institute of Commerce and trade, Lucknow ?

MBA Finance %26amp; banking of iict lucknow

All courses of IICT are autonomous.

More than 15 countries students are already persuing IICT courses, since 1997.

IICT courses are highly recommended, reputed and accepted courses in industry/Corporate

sector for last 10 years.

There is no entrance test for admission. It is direct.

The Admission into the IICT Distance Learning Programs is open throughout the year and

you can enroll at any time if you meet the eligibility criteria.

centre for excellence in management education

Indian Institute of Commerce and Trade

IICT LUCKNOW (INDIA) Estd. 1997

website : www.iictindia.com www.iict.in , Email : info@iict.in

CORRESPONDENCE Autonomous Management Program

Unprepared transfer student?

Recently, I applied as a transfer to a University to major in music (my audition seemingly went well); however, I earned my GED and my current GPA is 3.41 (in the 2% acceptance range for HS students) with 29 credits/units. Unfortunately, I have gaps in my educational history because of work/finance. I attend full time school and work. I have not taken the SAT or ACT exams. Are transfer students viewed the same as High School students when applying? Will my work history be beneficial? Does my age effect an acceptance descision? Finally, I feel embarrassed by this. Should I feel that way? Thank you.

Unprepared transfer student?

First: No, you should not feel embarrassed. You%26#039;d be amazed at the patchy records admissions offices see. They have a variety of measures to work with for that very reason. Some very capable students have particular irregularities, such as dropping out because you can%26#039;t afford the tuition, or having a semester of incompletes due to illness, or whatever, that means your record needs personal attention. With good enough scores in other areas, such as letters of recommendation and the record of jobs you had when you had to work, you will probably be considered a serious candidate.

Much of the transfer material is based on the quality of the school from which it transfers, together with the record of grades scored. That is, a 3.41 from a demanding school is quite a good record, while the same GPA from an easy grading half-baked school would not impress.

Also, the reason for the transfer matters. If you were doing well but the school was too small for you (a two-year school where you want a bachelor%26#039;s degree), ran out of things it could teach you in your specialty (music is one of the special ones anyway, because of the strength of the audition), or was generally not much regarded in the field; all that is fine. But if it was because you were having personality conflicts with the instructors, or you were getting reports for missing rehearsals and so on, that%26#039;s not going to help matters. I will assume it was for good reasons.

But the short answer is no, you will not be compared to newly enrolling high school graduates. You will be compared to other transfer students, and to other students already enrolled in the School of Music at your level. If all your credits transfer, you would be a sophomore, so you%26#039;d be compared with the already enrolled sophomores.

Unprepared transfer student?

You are very welcome. Hope I get to hear your music someday. Report It

I am MBA student in fin and mrktng. plz suggest any org offrng facilities to carry out 2 month proj

I wud like to do 2 month proj in finance and marketing, plz suggest is there any company/organization which helps students to do projects in mumbai

I am MBA student in fin and mrktng. plz suggest any org offrng facilities to carry out 2 month proj in mumbai?

u can do it

How do i get financed for a car if i am just a student?

I know it sounds bad, but my boyfriend has basically been providing for me and our two children for 6 years because child care is so expensive I couldn%26#039;t afford to work. now he wants to see other poeple because I haven%26#039;t been working even though we agreed that it was pointless for me to do so, and now I need a car so I can get to school.I need a job to get a car,right?but i need a car to get a job(no public trans where I live).what do I do?

How do i get financed for a car if i am just a student?

you will just have to apply for a loan. chances are, you will end up wtih a very high interest rate, but you have to start somewhere. you also have to prove you will be able to make the payments - in other words, you need to have a job before you apply for the loan.

the folks at the dealership will be able to help you. many of them have credit programs for people like yourself.

good luck!

How do i get financed for a car if i am just a student?

if you have a savings account they might let you borrow money against that.

How do i get financed for a car if i am just a student?

Get a bike, walk, carpool or ride the bus. Yes, there is public transportation where you live.

Do NOT go to the dealership. They will rip you off. If you must, go to a credit union for the best service and interest rates. Since you haven%26#039;t had a job in 6 years, you probably won%26#039;t be approved at all.

If you had married your boyfriend, he would be required by law to pay you alimony, child support and/or give you the car. But no, you had 2 kids with someone who wouldn%26#039;t commit to you, now he%26#039;s screwing you over. I hope you at least go file for child support. My guess is that you won%26#039;t, since you%26#039;re afraid to piss him off because you want him to come back to you later . . .

How do i get financed for a car if i am just a student?

You have to have an income to get a loan, you do have to have some way to pay it back! Does your ex-boyfriend help you out financially...is it court ordered...that cound count as an income but even so, most likely isn%26#039;t enough.

Although you may get a job quickly...you may not, so I%26#039;d watch my pennies closely.

Your best bet is to buy a car for cash, something dependable, when you do get a job and are well established, you can upgrade to a nicer car.

How do i get financed for a car if i am just a student?

Well first you need some sort of job. Even the buy here pay here places require you to have a job. Manybe you have a friend who can drive you to work for a month or two until you can get a car. Your only hope for financing is a buy here pay here place for now. As you get more established you could pay that car off and sell it or just refinance it through a bank. Maybe you could get a job like a mini bus driver where they take the buses home.

How do i get financed for a car if i am just a student?

I%26#039;ve got 3 kids ages 32, 26, %26amp; 19. When these types of problems arise I help. I hope that you have family to turn to because now only they can help. You%26#039;ve no job and no credit. To expect the business world to help without really trying to screw you over is very naive.

Masters of Accounting/Finance-Devry University?

Does anyone have any opinions about the Devry University Masters of Accounting/Finance program that is offered through the school? Do prospective employers take this degree seriously? Will students in the end make around the same amount of money then if they went to a state college for there MaCC (masters of accounting)?

Any insight will help. Thanks.

Masters of Accounting/Finance-Devry University?

Well, they%26#039;re sure not the Sorbonne. I have no idea why the hell North Central keeps accrediting all these marginal outfits, but I suppose it%26#039;s their business.

In the meantime, I%26#039;d heartily suggest that you find a business school somewhere else. There are an awful lot of business programs around these days. Many, including DeVry%26#039;s, strike me as having been hastily cobbled together and my suspicion is that they%26#039;ll die off quickly when the present high demand for business degrees is replaced by the next fad in education.

Which US university is better for Majoring Financing students?

I am quite lost now. I am Malaysian Chinese student and currently taking AUP program, can anyone suggest which US University is better in Financing Major?

p/s: My currently choices are Sunny Buffalo, St Cloud, or other, but i don%26#039;t know these Universities i have chosen are best or not, can someone give suggestion?

my budget is US 20000-25000per year, range CGPA 2.5-3.0. Hope you all can help me. Of coursei i hv also do my own research too. Thank you for your help

Which US university is better for Majoring Financing students?

The best finance undergraduate programs in the US are:

1. The Wharton School at University of Pennsylvania

2. The Sloan School at MIT

3. The Haas School at University of California

4. University of Michigan

5. University of Virginia

Despite the fact that three of these are state schools, they are all very difficult to get into.

SUNY Buffalo is a respectible college with a decent business program. It is quite good -- but not nearly as good as those listed above. I hope you like snow.

I%26#039;d avoid St Cloud -- it is not a great school, is in the middle of nowhere %26amp; Minnesota is extremely cold in winter. If you want ot go to Minnesota, The University of Minnesota is a far superior choice (and better than SUNY Buffalo, as well).

Which US university is better for Majoring Financing students?

With a budget that low I would suggest not coming here. Any good private school is about 30 to 40k a year, and any Public University will charge about 30-35k for international students.

How to search for companies that sponsor H-1 visa for Finance and Marketing MBA graduates from a US

Graduating in Fall 2006 with dual major as an MBA in Finance and Marketing. Even getting an internship becomes a challenge for international students.

How to search for companies that sponsor H-1 visa for Finance and Marketing MBA graduates from a US University

Apply, with a resume on monster and create a website will your needs specified clearly.

Financial aid for international student to attend Graduate School?

I would like to persue graduate studies in the U.S, however I am finding it difficult to come up with the funds needed to finance my studies. Are there currenlty any loans that are offered to international students (with U.S cosigner) who need fianacing for their studies. Information on loans that I have seen so far indicate that I have to be enrolled in the programme (at least half the time) to get funding.

Financial aid for international student to attend Graduate School?

Check out http://www.edupass.org which is a website specific to international students wishing to study in the US. You should be able to find some suggestions there.

Financial aid for international student to attend Graduate School?

Dear

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Best Private Funding Student Loan with Fair Credit?? No co-signer??

What is your recommendation for obtaining a private student loan with only fair credit and no co-signer?? Who have you been financed through and are you happy with the terms?? Thanks!

Best Private Funding Student Loan with Fair Credit?? No co-signer??

I got one from citi financial and was happy.

Interests rates where a bit high, but ok.

Good luck !

Best Private Funding Student Loan with Fair Credit?? No co-signer??

Talk to your financial aid office. They should be familiar with lenders that offer private loans are competitive rates. Watch out for the fees!!!! With a fair credit history you will be charged a higher interest rate. Only borrow what you need.

Student financial help Please!?

Hey everybody okay so here is my situation. I am attending college full time, i have a part time job making 800 a month, I have a 19 month old daugter who is my everything, my parents have never been to supportive of me, and always kind of put me down I am struggling right now with my finances with school and supporting my daughter and my parents are urging me to move out, I would like to know any information about how to go about student loans. Do you need a cosigner, do you have to have good credit etc. What I have in mind is a small one bedroom apt for just me and my daughter for now. Does anybody know how i go about finding good deals for students or low-income? I would appreciate any help. I live in California. Thanks.

Student financial help Please!?

You need to apply for federal fin aid at fafsa and see if you qualify for grants and federal student loans. Federal student loans don%26#039;t require a cosigner or a credit check. As an independent student, you%26#039;ll be eligible to borrow more than a few thousand dollars, although you won%26#039;t be able to quit your job to live, you%26#039;ll both survive.

Student financial help Please!?

you should try getting financial aid before you get a loan that way you dont have to pay back.

Student financial help Please!?

The easiest thing to do is go to your college fin. aid office. They will help you find grants and low interest loans that you will qualify for. You will have to fill out a FASFA form based on your taxes from 2007. Best of luck to you.

Are there any student graphic designers?

Im a startup looking for some students or graphic designers to help me design a logo, brochure for a new finance company - im not in a position to pay but It will be an opportunity for your work to be in newspapers and on the internet it will help you build your portfolio - id be willing to write a cracking reference.

Are there any student graphic designers?

I%26#039;m no student, but I%26#039;ve done work for folks such as yourself since I was 11 years old. 24 years.

My experience is this. References are about as worthless as paper currency.

You can%26#039;t ask the printer who will handle the brochures to do it for free. If you can%26#039;t afford something, wait until you have something to offer before you request labor from others. Their time and effort is worth just as much as anyone else%26#039;s.

Are there any student graphic designers?

try http://www.jumpforward.co.uk/creative/ho...

Are there any student graphic designers?

I think you are pushing it expecting even students to work for nothing. What sort of an impression does that give for a finance company ? Artists are always expected to work %26quot;for the experience%26quot; is that fair ?

Are there any student graphic designers?

If you can%26#039;t pay hard cash, why not offer 10% of your company? That%26#039;s fairer than nothing at all, it%26#039;s still a gamble for the designer, but you%26#039;re not trying to rip them off then.

Are there any student graphic designers?

Enquire in colleges etc. Though you should expect to pay for a pint at least!

Are there any student graphic designers?

okay....i can help you...

explain your requirement in detail....

will work for your design though i am professional designer.....

but always remember...

always appriciate good work....

Student at a community college and insterested being a insurance agent?

i%26#039;m a student at an community college and am currently going got a associates degree in business and financing- i think it%26#039;s a farely easy job to be a car insurance agent, or life can i be one condiering i don%26#039;t have a degree, and what do i have to ( i live in the state of NJ)

Student at a community college and insterested being a insurance agent?

You don%26#039;t need a degree to be an insurance agent - you have to be able to SELL. Fairly easy? Depends on a few things - you need ATTENTION TO DETAIL, and excellent followthrough, you need to be able to communicate well with others, verbally and in writing, and you need to be able to read and understand the policy language.

And you need to be able to sell.

Student at a community college and insterested being a insurance agent?

Set your goals a little higher.

Student at a community college and insterested being a insurance agent?

Well, first you have to be able to pass your State Board of Insurance examinations in order to sell home, life, auto, health or any other insurance product. It%26#039;s not easy to %26quot;breeze through%26quot; and will require regular continuing education classes to stay in compliance, once you are licensed. If you want more info, start by contacting your State Board of Insurance.

I consolidated my student loans in 1999. I have been stuck with 8% financing since. Need lower rate,

In order to answer your question accurately I first would need to clarify a few things. When you consolidated your Student Loans, were they Federal Student Loans or were they Private Student Loans? Have you taken out any new Student Loans since you consolidated your Student Loans? Are you making just one payment or more than one payment at this time?

The only way that you could reconsolidate your Federal Student Loans is if you took out a new Student Loan since 1999 or if one loan was left out of your previous consolidation. The Federal Government does not allow a person to refinance their FFELP Consolidation rate if you have only one Consolidation with no loans outside of that current Consolidation.

Your interest rate is based on a weighted average of your current Federal Student Loan rates, while a lower rate can not always be guaranteed, if you have a loan outside of your current Consolidation, rates a much lower than 8% currently.

Another way to lower your interest rate exists through what are called borrower benefits.

.25% reduction for using automatic debit

1% reduction for on time payments

If you are not sure if you have any loans outside of your current Consolidation there are a couple ways you can investigate this matter. One is by calling 4FED-AID and the second is logging on to the NSLDS website. For more detailed information on how to check to see if you have any loans outside of your current Consolidation as well as current interest rates please see the source below.

I consolidated my student loans in 1999. I have been stuck with 8% financing since. Need lower rate, how?

Contact the student loan servicing company. MANY student loans have rates less than 3%.

I consolidated my student loans in 1999. I have been stuck with 8% financing since. Need lower rate, how?

Keep your eye out for credit card offers with low interest and either low or no transfer fees for a fixed period of time. You can then transfer the debt to the new credit card but be sure to make payments higher than the minimum. Through careful managment of your credit you may be able to reduce the realizable interest rate to 3 or 4 percent.

I consolidated my student loans in 1999. I have been stuck with 8% financing since. Need lower rate, how?

Refinance your house and pay for the student loans with the equity in your home. That way, you can still deduct the interest when tax time rolls around.

Who will finance a home for poor credit people?

Ok, I am tried of all the scams and rip off companies and the endless sea of dead ends. I can not even get my bank to look at my contract for deed and the good payment history for 16 years. I ran intoa hardship and filed bankrupcy a year ago. I have student loans that I can not pay yet, some small collections and some medical bills. I only need a loan for $13,000 that is only 10% of the value. Circumstances require my own financing now. My house payment has always been payed on time.

Please dont flood me with opportunist, I need real awnsers and creditible advice.

Who will finance a home for poor credit people?

It should not be a problem finding someone to finance you, however there are many things that would come into play, ie credit score being the main object. If you have a score below 500 it will be very difficult. I would look at subprime mortgage companies such as Option One, First Franklin, Delta Funding, Fidelity Mortgage. You can usually get a deal done through a brokerage firm that would deal directly with one of these companies. Your loan amount may also be an issue, it is not profitable for many of these companies to do loans below 40,000 give or take.

If you have made your mortgage payment on time for the past 12mths and have a score above 500 you really should not have a problem getting what you need. Your rate will be a bit higher due to the risk.

Who will finance a home for poor credit people?

Non profit agencies will lend a hand. There are too many too mention in a format like this, but one is Habitat for Humanity, and they may be able to help you find others.

Who will finance a home for poor credit people?

Good luck finding someone to finance your loan.

We had a similar issue a few years back.........our bank lender looked at our credit rating and almost laughed out loud. After we paid off some creditors and have made our landlord happy for the past 4 years, we were able to borrow the $75,000 for the house we have lived in for those 4 years. We always had the option to buy it, but never could get the money........

You have to pay off your creditors ........I don%26#039;t think anyone will touch you for like 7 years after you file bankruptcy.

Who will finance a home for poor credit people?

Applying to mortgage brokers, your score, albeit low, may qualify for a mortgage with a sub-prime lender. The positives on sub-primes is that you don%26#039;t pay PMI on the mortgage. The cons, obviously, a little higher interest rate.

Who will finance a home for poor credit people?

How bad is your credit. What state do you live in? I am a mortgage consultant and we have over 300 lender we can go through. We have some that work with poor credit. Depending on the loan to value of your home. That is the percentage of what it is worth compared to how much you are borrowing. If you say that the loan to value is low and there is no lates on the current mortgage then I think that I would be able to help you. If you are interested in me takeing a look at you options my email is tpierce@gmipa.com or my number is toll free 1-866-637-6121 x104. We are a wholesale lender and work to get the best rates that you quailfy for.

Who will finance a home for poor credit people?

If you are trying to refi it most likely isn%26#039;t possible. If your trying to purchase this would be an easy loan for any mortgage broker. I was a broker for 4 years, that would be a cake walk. You do have to pay off open collection accounts before a bank can loan you money, but if you only need 10% you obviously have the cash. Honestly the information you gave can%26#039;t be totally accurate. With the explanation you gave it would be a pleasure for a bank to loan you money. Are you sure the home is worth $130,000?

Who will finance a home for poor credit people?

There are many programs that you might qualify for. But there is some info missing. What kind of BK? What is your score? Is it discharged, and if so then when? They will take your payment history into consideration. Have you paid by check? How much is the appraisal. There are many scams, but most people (loan professionals) just don%26#039;t do proper diligence. You might not get the LTV that you need, but you can surely get that deal done. Will depend on some other factors too, i.e. appraisal, sales price, etc.

Which is better-CFA or MBA(Finance)?

hello people...well i%26#039;m currently persuing B.Com(hons)[2nd year] nd i have great interest in the financial markets n i want 2 bcum a successful finance professional-so i just wanna ask whether i should go 4 MBA(FInance) nd start the CAT preperations or go for a CFA programee bcause both these courses r for 2 yrs duration nd both lead to gud placements in the financial sector.plz help me out...also tell me any carer counselling sites which provide free counselling to students in INDIA...

Which is better-CFA or MBA(Finance)?

MBAs are becoming a dime a dozen, unless you graduate from an ivy league school. A CFA would certainly make you stand out from a crowded school of applicants for any position you want. More importantly, and I dont mean this as a personal dig but just some general business advice, dont ever ever ever write anything in the world of business using the spelling/abbreviations you did in this question.

Which is better-CFA or MBA(Finance)?

well i also wanna know da answer .....im in 12th .......%26amp; would like 2 know ......if u come 2 know any thing plz do reply me on ronak_gopuu@yahoo.com

Options if defaulted on a federal student loan?

My boyfriend defaulted on a federal student loan in 1995, and his wages have been garnished ever since. None of the money has ever been applied to the principal. The loan holder will drop $8,000 in collection charges if the loan is paid off in a lump sum.Yet, he can%26#039;t get this kind of financing ($35,000) at a regular bank because of his poor credit, and because he has already consolidated once. If he enters the loan holder%26#039;s %26quot;rehabilitation%26quot; program and pays additional money for 9 months (on top of the garnishment) they will drop the default status, enabling him to get the financing, but they will not drop the collection charge. He can%26#039;t get a home equity line of credit, and the typical student loan financers won%26#039;t help him because of the %26quot;default status%26quot; on this loan - a catch 22. Who can go to that will loan him the money to refinance this nightmare? It seems like they make it difficult for him to get out of this because it is a cash cow for them, and a perfectly legal scam.

Options if defaulted on a federal student loan?

Not a legal scam. He defaulted and is now paying the price. He%26#039;ll have to get a 2nd job and start paying more money.

He signed the paperwork and they lent him the money in good faith. He decided to welsh on the deal and is now crying because it backfired on him.

Options if defaulted on a federal student loan?

People want to blame him for not paying;I never said this wasn%26#039;t his fault. He%26#039;s not %26quot;crying%26quot; nor did he expect %26quot;congrats%26quot;. He wasn%26#039;t making much, and couldn%26#039;t make payments, big deal. He%26#039;s NOT getting a second job. He can quit his job and I%26#039;ll support him, and they can choke on it. Report It

Options if defaulted on a federal student loan?

And it IS a legal scam. Report It

Options if defaulted on a federal student loan?

NO he didn%26#039;t expect a congratulations, you idiot. I asked for help to see if anyone knew anything and you provided nothing but judgment. Save your sarcasm for someone who cares. Report It

Options if defaulted on a federal student loan?

He did not decide to welsh. You make assumptions on someone you don%26#039;t even know. He%26#039;s not crying and it didn%26#039;t back fire on him. He happens to have a doctorate degree now and is teaching and giving back to the community. Report It

Options if defaulted on a federal student loan?

He is teaching and giving back. He%26#039;s paid his dues. What are you doing besides wasting time on Yahoo answers? You don%26#039;t think he%26#039;s been told before he should not have defaulted? You gave nothing but a bunch of hot air. Go blow it out your ***. Report It

Options if defaulted on a federal student loan?

%26quot;He%26#039;s paying the price%26quot;. What an astute observation. NOT. You provide no useful insight on the matter, only worthless $hitty opinions. He%26#039;s been paying the price for 11 years. Go blow it out your A$$. You know nothing. Report It

Options if defaulted on a federal student loan?

It%26#039;s clear you people know nothing. The only thing you have a clue about is providing worthless, $hitty, irrelevant observations and opinions. Report It

Options if defaulted on a federal student loan?

Why TF would he expect a congratulations? What a stupid comment to leave. He expected some flexibility and understanding. My mind is boggled at how rude and ugly people can be. I would never leave ugly mean answers for someone with a serious question. Report It

Options if defaulted on a federal student loan?

He did not %26quot;decide%26quot; to welch. He didn%26#039;t have the means 11 years ago to pay! Where did I ever say he %26quot;decided%26quot; to welch? Backfired? Yeah this was all a big plan that BACKFIRED! What planet are you on? I cannot believe you would just assume the worst about him when you don%26#039;t even know him! Report It

Options if defaulted on a federal student loan?

What did he expect?

A Congratulation for not giving back their money?

Philanthropy & Student relationships.?

I am a Student, finishing my B.A. in Physical Therapy, I will be transferring to university to obtain my Masters to become a P.T..

*I am in Michigan, so my path to becoming a P.T. is different then many other states*.

I am interested in Spinal Cord injury, yet am unsure what actually area to pursue.

I have spent time on the table and know the benefits one can receive from P.T., and I know about many P.T. practices that are not so successful. So I have a good idea of what may work and what my not. Thats neither here nor their.

My question is how does one go about connecting with a philanthropists circle of interest? I am going to need help financing my education after I get my B.A. so I continue on with my Masters. I don%26#039;t want to go into debt

(I can deal with some of the debt that comes along with being a student), I am on food assistants, I am postponing my application for financial AID. What I am worried about is housing and transportation.

AdamBomb@goowy(dotcom)

Philanthropy %26amp; Student relationships.?

The need is big and the world is small. I work with disabled and give P.T. to some. Have you studied MS or Aleichem%26#039;s as examples of people who can benefit from P.T.? You can become a part time self employed P.T. provider and work hours available to you as side income. There is a growing need out there.

Who are the best lenders as far as student loans are concerned?

I%26#039;m maxed out on federal loans for school, and more than likely I will have to get loans from an outside source to finance my senior year. Who are the best lenders out there for students? I would be the sole applicant because my parents have poor credit.

Who are the best lenders as far as student loans are concerned?

Most student loan lenders will be pretty similar with each other since it is such a competitive market. The top lenders we prefer for our sudents are Nellie Mae, US Bank, 5/3 Bank, and Student Loan Funding.

Also, when you%26#039;re shopping around for a lender, keep in mind that the above 4 major lenders are doing away with service fees for federal loans (previously you would get only 97% of your loan amount to apply to your account). Some of the smaller lenders are still charging the fee.

Who are the best lenders as far as student loans are concerned?

Actually its not Nellie Mae. Its SALLIE mae. Report It

Who are the best lenders as far as student loans are concerned?

Bank of America has pretty good student loans, adn I believe Capital One is not that bad. I would shop around online.

Who are the best lenders as far as student loans are concerned?

I used Bank of America.

So I'm just a kid and want to finance my first car; I would like your opinion?

I%26#039;m 19 years old, have a decent-paying stable job, am about to go live on my own.. I can afford this all. I currently drive a 1998 v6 Mustang with 104000 on the odo, and it%26#039;s getting tired..

I am a pretty tall and pretty big guy, and I fit into my Mustang just fine... I am thinking of buying a slightly used Corolla S, a 07 or above model.. I want an opinion..

1- Since I am 19, I only have a few student loans, credit cards, car ins. and phone bills on my credit history. Will I get proverbially raped with the interest rate?

2- I%26#039;ve had four cars in three years.. Two were junkers, one was a GMC Sierra that got 8mpg, and then my Stang. I lose interest because they are impractical; I hate two doors... Do you think a Corolla would answer my problems?

3- Is it worth financing a car to build my credit up? I can afford it without a shadow of a doubt, but 12 to 15k is a big purchase for a kid like me.

I appreciate your input.

So I%26#039;m just a kid and want to finance my first car; I would like your opinion?

Hey there.

I am going to take a wild guess and assume you like your cars.

I am a mortgage broker and know for a fact you do not need a credit rating to get a car loan this is a myth, in Australia anyway, probably a rumour started by car finance co%26#039;s.

I would suggest that if you have a secure job in the govt and a secure relationship, buy yourself a property.

Because in 5 - 10 years you will be financially secure, probably have several investments properties and can buy all the cars you want?

I only wish someone told me to buy a house when I was 20, I would be retired now and I am only 36.

HOpe this helps

Wayne Costello

So I%26#039;m just a kid and want to finance my first car; I would like your opinion?

you should finance it as long as you get a good rate and the monthly payment is very affordable.. If its a big payment your going to hate having to come up with the money each month. If you cant get a good rate .. would you be able to get a cosigner or someone else to sign for the loan you might get a better rate that way ? and try not to spend more then you have to .. its nice to have a car thats paid for !!!

So I%26#039;m just a kid and want to finance my first car; I would like your opinion?

Im a auto finance officer%26#039;and it sounds like your going to have a very difficult time financing any type of car loan. I would suggest you save some money%26#039;say something around 5,000 as a down payment%26#039;then give it a try. Because%26#039; of your age your likely to have a much higher A.R.P. Good luck%26#039;and happy motoring.

So I%26#039;m just a kid and want to finance my first car; I would like your opinion?

If at all possible I would avoid going into debt, financial independence is better than any high credit score. Especially since you are just starting out in life, you never know what will come up and having the money there and not having an extra monthly payment every month can go a long way.

I would recommend getting a car at least a couple of years old for 2 reasons. 1) The major depreciation of the vehicle has passed(according to www.getrichslow.com a car depreciates 45% of its original value in two years) Now think how fast 2 years go by...is it really worth trowing away that much money besides a 2 year old car is practically new. 2) 2-year old cars can easily be just as reliable or maybe and more reliable than new cars since they will have worked out most of the bugs. Which leaves you more time driving the car rather than making frequent trips to the dealership for recalls.

If you really want to build up your credit, plan on paying half or more for the vehicle in cash and place the remaining amount on a used car loan.

I believe Toyota makes a very good quality vehicle but don%26#039;t believe its necessarily the only answer. I believe their are many vehicles that would make you happy. Look into other makes and models. Here are a couple websites that might help (http://autos.msn.com/default.aspx, www.auto.consumerguide.com) I am also a big fan of using Consumer Reports. Be sure to check any used car over well for problems before buying but really a 2 year old car shouldn%26#039;t have many.

Here is a great site that will help you compare cars True Cost to Own. They actually break it down to the cost per mile to drive a specific vehicle. http://www.edmunds.com/apps/cto/CTOintro...

Good Luck, Hope this helps!

So I%26#039;m just a kid and want to finance my first car; I would like your opinion?

Getting a new car loan is not easy though it can be the easiest way to attain your dream car. There are many players in the car finance industry and for the consumer choosing the best%26lt;!--type of loan is a difficult task. Many factors have to be considered before taking up a car loan. Whether you want to take up a loan or not, will depend upon the car you want to buy.

http://best-loans.awardspace.com/guarant...

Since the rates of interest on different cars vary so the type of loan that you need will depend on the car you want.The total cost of the new car loan does not include only the interest payable but also--%26gt;extra charges such as processing, transaction fees, documentation fees or any other fees. So one has to confirm with the financer as to the other charges that accompanies an auto loan.

So I%26#039;m just a kid and want to finance my first car; I would like your opinion?

My opinion - keep your Mustang and drive it as long as you can. Is worth to you more than what you get when you trade it in,

Is not worth financing just build your credit. rates for new cars are lower and easier to finance. Car dealers run special rates all the time, and even with student with little or no credit can qualify.

So I%26#039;m just a kid and want to finance my first car; I would like your opinion?

hello. you say you%26#039;re a %26#039;%26#039;pretty big guy%26#039;, would a corolla be large enough to fit your needs? your mustang has 104 on the odo, it is quite aged. you say your a student %26lt;?%26gt; paying off a coupla loans already. you%26#039;re an active young gentlemen. you don%26#039;t seem to be a target for the robber-baron kind of loan. you%26#039;d wisely walk away from it. you also have a %26#039;decent-paying job%26#039;. good luck for ya : }

Private Student Loan problem...they want $670/mo. and I make very little.?

I was on the phone with Sallie Mae this afternoon. I have a private loan through them for $45,000+-. The loan just entered the repayment period this month (after 2 6-month forbearances) and they are asking for $670.00/month. Here are my monthly finances as of today (I live in CA):

rent: $1025.00

utilities: $150.00

food: $200

transportation: $150

fed. student loan: $50

clothes/etc..: $50

misc.: $200

Total: $1825

This doesn%26#039;t leave much money for private student loans. Is there a maximum (by law) that they can expect based on my income? Do I have any other options? Please help!!

Private Student Loan problem...they want $670/mo. and I make very little.?

The student loan legislation that recently was passed in September 2007 does not include any income-contingent repayment options for private loans at this time. I hope when you talked to Sallie Mae, the representative reviewed repayment options with you:

%26quot;Select Step%26quot; is an option that allows you to make interest-only payments for up to four years followed by level repayments of principal and interest. The benefit of this plan is that you can make reduced monthly payments during the initial years of loan repayment.

Since your current loan balance is over $45,000, you also would be eligible for an extended repayment term of up to 30 years. This option would allow you to lower your monthly payments, but keep in mind that it would also increase the overall cost of your loan, as would the Select Step option.

As you know, forbearance allows you to suspend monthly payments temporarily. However, interest continues to accrue during this time. To avoid having interest added or %26quot;capped%26quot; to your principal balance, you may want to consider paying accrued monthly interest if you decide to request another forbearance period.

If you have more than one loan, your best bet to get repayment relief is to consider refinancing your private loan with a Private Consolidation Loan (PCL). Roughly 75 percent of our customers lower their interest rates when they refinance and obtain a Private Consolidation Loan. You must have graduated from school or be within 30 days of completing your degree or certificate program to be eligible for this loan option.

Also, you may be able to get a lower interest rate on your Private Consolidation Loan if you apply with a credit-worthy cosigner. You are welcome to contact the Private Consolidation Loan team toll free at 866-380-5005 to see whether this option would work for you. Customer service representatives are ready to assist you Monday to Friday, 8 a.m.-11 p.m.

For tips on managing debt and using credit wisely, a resource you may find helpful is %26quot;Be Debt Savvy%26quot; at http://www.salliemae.com/before_college/...

Just remember to keep making regular payments on your loan. This helps prevent your loan balance from getting any higher.

Private Student Loan problem...they want $670/mo. and I make very little.?

Wow, I can%26#039;t believe they want that much money from you. Call Sallie Mae and explain the problem. They usually can work something out. The recent legislation passed about student loans only applies to federal ones. As far as I know, they haven%26#039;t regulated private ones.

Private Student Loan problem...they want $670/mo. and I make very little.?

call someone to consolidate. you may need a cosigner based on your debt-to-income ratio, but you may be able to get a lower rate, and a longer term.

nelnet will give you 30 years, which helps your payments, but causes more interest in the long run. you can make larger payments, or refinance in the future, but there are not costs to do the consolidation.

i dont know what other companies offer, but it doesnt hurt to ask...

Private Student Loan problem...they want $670/mo. and I make very little.?

Reduce your spending costs by

A) Living with a roommate this can save you nearly $225

B) Not eat out

C) Use less power and water by saving electricity

Private Student Loan problem...they want $670/mo. and I make very little.?

WOW!!! why so much in private loans? I would ask for your other options. You might be able to stretch your loan payments out, but you will be paying back more in the long run. IF you can find someone to consolidate your private loans I wouldnt do it. They too will cost you more in the long run. Did you get stafford loans too? For future reference, Sallie Mae has some of the HIGHEST rates and tons of fees on private loans. There are many other lenders with ZERO fees and less interest rates. Good Luck!