Terrible credit loans online
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Never has its own problems.
And that problem has to do with how they defrauded students making payments and not allowing those payments to ever fully pay off debts, this keeping them perpetually shelling out on interest.
The CFPB sued them and this is ongoing.
Try to see if the department of education will help out, and intervene. I am aware of some loan forgiveness programs, but only vaguely. The idea is that with special conditionality, perhaps, maybe and blah blah blah, maybe you can get part or all of the loan forgiven.
I am not qualified to make this determination since all I do is Credit Repair, but we do have links that may be helpful.
Make sure you have documentation of your condition, ailment or other paperwork pertinent to it. I’m sure they will ask.
If you are legitimately disabled, either partial or total, and have not been able to work on your field, perhaps there is something someone can do.
I’ll make a note to add this information to our FAQ’S or have one of the intern do it.
YanCubaNY’s response was:
How to get Discharge & Balance Forgiven
Firstly; the severe disabilities law for a discharge of federal student loans was passed under the Obama administration. You’ll be happy to know that anyone who’s severely disabled and receiving disability payments with a medical condition where “Medical Improvement is not expected,” could be eligible for student loan debt discharge, but the government is failing to provide sufficient education on the subject.
According to the Washington Post, “There are 387,000 matches of students who have a medical condition that is not expected to improve and could be eligible to have their student loan debt discharged, of whom 179,000 were in default on their loans and at risk of having their Social Security benefits garnished.”
Secondly; for an immediate fix, you need to consolidate your loans at StudentLoans.gov. Get on an income-driven plan, like the Pay As You Earn, and your payment on the new consolidated loan can be zero dollars per month.
Here is a student loan relief infographic (https://goldenfs.org/student-loan-forgiveness/) that provides 16 step by step instructions on how to consolidate your loans and maintain proper status to get the balance forgiven.
Contact the Department of Education and let them know if you have a medical condition diagnosed where “Medical Improvement is not expected.” You could be eligible to have your student loans discharged.
GoldenFinancialServices’s response was:
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