I thought it had been paid and now with the interest it is double what was borrowed. can i just pay what was origanaly borrowed?
2007-03-25 05:45:36 · 3 answers · asked by GERI W 2 in Education & Reference ➔ Financial Aid
Here is one thing that is helping me. There is a program that works with local grocery stores. You register your grocery card with their website and a portion of all the purchases go to paying off college.
2007-03-26 05:47:32 · answer #1 · answered by Anonymous · 0⤊ 0⤋
Do you have any equity on your home? I would cash that out and pay off your debt.
Call the bank where you have the original loan and see what they can do to help you out. Tell them that you weren't aware that you still owed them money and they might cut you a break. All they can say is no.
Check around to see if can get a lower interest rate from a different bank.
2007-03-25 05:57:53 · answer #2 · answered by kana121569 6 · 1⤊ 0⤋
I'm scared to ask how much you owe? You might want to consider consolidating, but do not accept a consolidation loan as a remedy when this is the trick of the loan companies to keep you in debt.
2007-03-25 06:31:47 · answer #3 · answered by nabdullah2001 5 · 0⤊ 0⤋