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I NEED HELP FINDING A LOAN TO PAY OFF AN OLD COLLEGE DEBT?

April 22nd, 2009 Leave a comment Go to comments
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  1. Henry B
    April 22nd, 2009 at 18:02 | #1

    if i were you, i'd sit out this semester (if you can) get a part time job and raise the money. 3500 isn't a lot of money to be owed. It's not worth taking out a loan to pay a loan, you're just digging yourself deeper in a hole. Think about it, you owe 3500 now and want to borrow another 3500…

    when you gradutate, you'll ow 8K….and the debt will start to snowball even more afterwards…

    i know that graduation is important, and you might not like the idea of putting it off, but imo, the responsible thing to do is raise the money you owe to pay for the degree you want. This will start you off on a good finanical road that can keep you debt free and wealthy as you go on with your life.

    http://consumer-debt-relief.org

  2. mike1942f
    April 22nd, 2009 at 18:02 | #2

    If you can't pay off the low cost student loan, how are you going to pay off the higher cost loan you are looking for? Much higher if you have bad credit? Or is this just a debt and not a student loan?

  3. sunshine
    April 22nd, 2009 at 18:02 | #3

    Why adding more debt than you already have now?
    You need to pay what you owe now. The only places that will specialize with bad credit lenders are payday loan companies and you don't want that…

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