I made another payment of $100 to my student loans. I'm so happy to be making traction.
I know some do not believe that students need help but I'll be the first to say, I would not have been able to pay off $35,000 in the last two years had it not been for the relief we received. I pray that we get another six months, but I doubt it. I'm okay if we don't, just thankful for something and the opportunity to tackle this debt.
My goal is to pay off the third loan by June of next year.
December 7th, 2021 at 08:19 pm 1638908383
December 23rd, 2021 at 02:01 pm 1640268092
I think most don't know how usurious the interest rates and predatory these loans are. I have no idea why well off middle class people utilize these loans. (It would make more financial sense to borrow against a credit card). I have been getting comments that I should take student loans for my kids. UGH! #1 - the interest rates/fees. #2 - just google 'fraud' + any student loan servicer. I literally rather put my kid's tuition on a credit card. But I have good credit and could get better interest rates with less hassle and scamminess. I wouldn't touch these loan servicers with a ten foot pole. Hard pass.