I have a loan from a bank for school that i cant pay is there any thing i could do to not have to pay it ?
203340
I WORK FOR A STUDENT LOAN COMPANY IN TEXAS, AND IF A BORROWER IS UNABLE TO MAKE PAYMENTS THEY CAN TRY TO QUALIFY FOR A DEFERMENT OR A FORBEARANCE TO POSTPONE PAYMENTS UP TO 12 MONTHS AT A TIME.  HOWEVER IF THIS IS A PRIVATE LOAN, THERE MIGHT BE DIFFERENT STIPULATIONS.  YOUR BEST BET WOULD BE TO CONTACT WHOEVER IS SERVICING YOUR LOAN AND TRY TO MAKE PAYMENT ARRANGEMENTS.  IT WOULD NOT HELP YOU TO FILE FOR BANKRUPTCY BECAUSE STUDENT LOANS CANNOT BE DISCHARGED BY BANKRUPTCY, AND THE BANKRUPTCY STATUS WOULD STAY ON YOUR CREDIT REPORT FOR 7 YEARS.  I WOULD JUST GIVE THEM A CALL AND TRY TO WORK SOMETHING OUT, IF YOU DON'T YOU COULD DEFAULT, AND THEY WILL GARNISH YOUR WAGES AND TAKE YOUR INCOME TAX RETURN, AS WELL AS REPORT IT NEGATIVELY ON YOUR CREDIT.  GOOD LUCK
417569
The first thing you need to do is get a job. Once you have money coming in talk to your creditor and try to work out a repayment schedule. Don't ignore them. Once you make an agreement with them make sure you stick with it and pay more if you can. You may be able to work out a lower amount to pay them or a reduced interest rate, but make sure you get any agreement in writing. You have already damaged your credit, but it isn't anything which cannot be corrected. Unless you straighten this out you may find it difficult to find a better paying job when you graduate from college. Some companies will check your credit before making a decision to hire an applicant.
154928
If you have a house, get a home equity loan. The payoff at the end of your school will more than justify the hardship in paying off the loan.
150929
The best thing is contact your schools fin. aid office. That way they can tell you what the status of your grants and loans are.
577529
I worked for Chase Bank for several years in the "collections department".  You do not have to pay the loan.  If payment goes past due 60 days to 90 day's they will start foreclosure on the loan.  But if you have to move, you are better off to have the funds in your hands.  Next time they call you can tell them not to call you again.  By law they have to honor that request.\n\nGood Luck with your other problems.  I am not able to give you any help on that.\n\nPj
180029
If you can pay with a credit card, the bank may convert your currency into US dollars for you.  You might also be able to have your bank make a wire transfer to the school.  I suggest you contact the school or maybe the US embassy in your country to ask for advice.\n\nAnd do not feel bad if some people are unkind about your English.  You probably write English better than we could write in your language.  Good luck.
491555
I would try to avoid loans but see if you can work out an agreement to pay a small amount every pay check you get then go visit the finacial aid office to see if you can get any help there (ask about scholarships too). Then go to fastweb.com fill out a profile and start applying to as many scholarships as you can. If you have too, ask for a personal loan from family or friends and make sure to pay them back at least they won't charge you intrest. Try to work something out where you can pay a little at a time like $30 every pay check. And if you don't work get a job! The school should be able to help you get one just ask.
70200
Call the original lender as soon as possible and set up a payment plan. If the loan is in default and with a collection agency, then you need to call the collection agency and set up reasonable payments with them. Do something as soon as possible. Making payments is better that not making payments. If you do not make payment arrangements there will be consequences that will affect your personal credit. Plus, if it is a government loan, if payment arrangements are not made, the government will garnish your wages, take your income tax, etc, and the delinquency will be on your credit history, preventing you from getting a home loan if you don't already own a home. I speak from personal experience.
345860
you need to get in contact your lender.  If you lender is the federal government, here is the webiste that you need to go to http://www.dl.ed.gov/
488343
I  don't know  if  there  is  any kind of    educational  grant  you might   be eligible to apply for,  but you would have to  find that out locally.       One thing you a re   right about....   nobody   is  ever  going to give  a   19 year  old  unemployed "college  student"  with   zero  credit   and  no collateral    an unsecured   loan.      Only  way I know  would be   if your parents, or   other   family  member or    family  friend could be persuaded to sign  a note   for you  at   the bank,  for    some not  too   huge  amount,   just to     get  you a leg up.   But   that  would mean   that if you defaulted on the loan, your co-signer becomes  responsible for paying   it  back.    Only you know     if   there is somebody in your life  who would be  willing to  take   a  chance  on you.     I hope   somebody  else might have   a  better answer  to offer.
658042
Actually education loans in banks are given at a low rate of interests and you will havea lot of facility ......\nlike you neednot repay until you get a job......the instalments will be cut from your salary......but there will not be any burden on your family as well....\njust enquire in a bank..i think its the best option...
622945
Speak to the Dean, and explain your situation. A letter would also help explain how serious the situation is. Make a payment agreement with the school and stick to it, honor your word. Schools are there to help not hinder.
458572
Contact the business which loaned you money for the car.  What probably happened is:  you turned the car in to them....they sold it....the amount of the sale did not cover your loan amount... you now owe the difference (called a deficiency balance).\n\nMake arrangements to pay it... and any other debts that you've decided not to pay.  Grow up....fix your own credit.... you and you alone are responsible for it.  You can pay a company to "fix" it for you, but it won't be fixed and you will then owe THEM money.\n\nIf you've been turned down for a loan, go back to that loan officer and ask her how you can become more eligible for a loan.  Follow her advice exactly.
44642
Hmm, most people I know that go to college have a job help paying for it. If you all help together its a possibility. Or seek a personal loan at the bank
363984
No, but its not very sensible as you are continuing to mount up interest charges.  Contact them and see if you can come to some arrangement which will make it easier to pay.  \nDONT IGNORE IT ANY LONGER!!!!
179414
Im guessing you got that notice in the mail from some consolidation company. If you've taken student loans, I would first consult with the financial aid office or the equivalent, or your personal bank and make sure it's not an adjusting rate as you pay it off.
500618
Bad situation...maybe you get a loan from a bank or a lending company.