Will I still have to repay my student loan or am I off the hook?
2007-11-28 06:14:18 · 11 answers · asked by Jim C 5 in Entertainment & Music ➔ Polls & Surveys
Yes, I think that repayment of the loans is still required.
2007-11-28 06:18:42 · answer #1 · answered by Tony M 7 · 1⤊ 0⤋
You own that money to the Federal Government and they will hound you to your grave if you don't repay it. If you don't send the money to the bank, the deduct it from your income tax. Citibank is just the administrative or dispensing agency, they get the student money from the U.S. treasury.
2007-11-28 06:18:27 · answer #2 · answered by darkdiva 6 · 0⤊ 0⤋
Citibank will sell themselves to another bank rather than just going belly up so your account will be sold to some other bank that might up your interest rates. just make sure you read everything you get in the mail very carefully.
2007-11-28 06:18:15 · answer #3 · answered by Kylie C 3 · 0⤊ 0⤋
Some one will buy them out, so you will still have to repay your loan.
2007-11-28 06:17:01 · answer #4 · answered by kim t 7 · 0⤊ 0⤋
I'm sure you will have to pay your student loan, they will just sell the loan to another company
2007-11-28 06:16:36 · answer #5 · answered by stinky4sam 5 · 1⤊ 0⤋
Nice thought--but you Will not be let off the hook.
2007-11-28 06:18:47 · answer #6 · answered by Fred F 7 · 0⤊ 0⤋
Ha. Banks don't go "belly up." They get bought. So you'll just owe whoever buys Citi.
2007-11-28 06:16:25 · answer #7 · answered by DramaBug23 3 · 2⤊ 0⤋
Why? Do you know something? They would sell all their contracts to someone else before losing the money.
2007-11-28 06:16:39 · answer #8 · answered by AKA FrogButt 7 · 0⤊ 0⤋
they are not going anywhere
yes the arabs are investing
but only a small portion
relax
and pay your dues
2007-11-28 06:16:32 · answer #9 · answered by Anonymous · 2⤊ 0⤋
no you still gotta pay someone.
2007-11-28 06:16:08 · answer #10 · answered by Anonymous · 2⤊ 0⤋