You can forbear, defer, or do the " $1 every 269 days" thing to keep your loans out for default, but interest accrues, so it's just making a bad situation worse. That's why we need the leverage of bankruptcy returned. The Founders called for this ahead of the power to raise an army and declare war in the Constitution;. When we get that leverage back, as it exists for all other loans, everything will change. Until that happens, we are well and truly F'd. Kamala is a disaster. The Republicans are evil, and the Department of Education is booking $100 Billion per year in interest (alone) in the meantime. It is a rigged game. Now it is an utterly, completely, and catastrophically failed loan scam, where 85% of everyone is no longer paying on their loans. This could have a good ending, or a really, really bad one. We are now looking at the really bad ending. And this was totally foreseen and planned, btw....
Re-consolidation is a scam. You sign for a new, more expensive note, and only re-legitimize the debt with your signature. Rehabilitatiing your loans, or doing the "Fresh Start" nonsense is even (and far) worse.
I think we may be on the same page, here, if you aren't trying to sell anything.
Consolidation is a scam, period. You sign, for a new, larger loan, with new fees, etc. And your signature only legitimizes the Debt. God did not put you on this earth to negotiate with a predatory loan scam. Think bigger.
These are student fucking loans we're talking about. Not nuclear launch codes. This is a failed loan scam, and trying to quietly tip-toe around this bullshit is exactly the wrong thing to do. See my previous comment.
Think bigger. We are a WAY bigger, better country than this small ball bullshit I hear you preaching.
You can forbear, defer, or do the " $1 every 269 days" thing to keep your loans out for default, but interest accrues, so it's just making a bad situation worse. That's why we need the leverage of bankruptcy returned. The Founders called for this ahead of the power to raise an army and declare war in the Constitution;. When we get that leverage back, as it exists for all other loans, everything will change. Until that happens, we are well and truly F'd. Kamala is a disaster. The Republicans are evil, and the Department of Education is booking $100 Billion per year in interest (alone) in the meantime. It is a rigged game. Now it is an utterly, completely, and catastrophically failed loan scam, where 85% of everyone is no longer paying on their loans. This could have a good ending, or a really, really bad one. We are now looking at the really bad ending. And this was totally foreseen and planned, btw....
Re-consolidation is a scam. You sign for a new, more expensive note, and only re-legitimize the debt with your signature. Rehabilitatiing your loans, or doing the "Fresh Start" nonsense is even (and far) worse.
I think we may be on the same page, here, if you aren't trying to sell anything.
Consolidation is a scam, period. You sign, for a new, larger loan, with new fees, etc. And your signature only legitimizes the Debt. God did not put you on this earth to negotiate with a predatory loan scam. Think bigger.
bit.ly/bankruptcyiscritical
Give me a fucking break.
These are student fucking loans we're talking about. Not nuclear launch codes. This is a failed loan scam, and trying to quietly tip-toe around this bullshit is exactly the wrong thing to do. See my previous comment.
Think bigger. We are a WAY bigger, better country than this small ball bullshit I hear you preaching.
Come on dude.