Comments on: Lower your student loan payments http://www.bankaholic.com/finance/lower-your-student-loan-payments/ Blogging about personal finance, foreclosures, mortgages, interest rates, and budgeting. Fri, 19 Mar 2010 15:47:03 -0400 http://wordpress.org/?v=2.8.4 hourly 1 By: Zach http://www.bankaholic.com/finance/lower-your-student-loan-payments/comment-page-1/#comment-26403 Zach Thu, 13 Aug 2009 00:47:03 +0000 http://www.bankaholic.com/finance/?p=866#comment-26403 Yeah, my student loan is at $33,000.00 and I have a 3.0% interest rate. It's rough but I wouldn't be in this position if I didn't refinance it at the right time. John Raymond, you should have gotten a job that allows you pay for a $1,800.00 and if you can afford to pay that you've got a good job so then get rid of your "keeping up with the Jone's" house, car etc and pay more on your loan and stop bitching about it. We all took out loans to go to school knowing that we had to repay them and now your pissed that you have to repay them??? Yeah, my student loan is at $33,000.00 and I have a 3.0% interest rate. It’s rough but I wouldn’t be in this position if I didn’t refinance it at the right time.

John Raymond, you should have gotten a job that allows you pay for a $1,800.00 and if you can afford to pay that you’ve got a good job so then get rid of your “keeping up with the Jone’s” house, car etc and pay more on your loan and stop bitching about it.

We all took out loans to go to school knowing that we had to repay them and now your pissed that you have to repay them???

]]> By: John Raymond http://www.bankaholic.com/finance/lower-your-student-loan-payments/comment-page-1/#comment-26401 John Raymond Wed, 12 Aug 2009 01:28:12 +0000 http://www.bankaholic.com/finance/?p=866#comment-26401 Correct, all of you. The fact that we can not refinance, like ANY other loans, or if all else failed be able to claim bankrupcy, like ANY other loan. The whole system is corrupt and they are ruining lives for many. And they could care less. Yes, I borrowed the money and am trying to pay it back, but it is so overwhelming that I don't think I can keep it up for too long. I get payed well in my job but am basically in poverty and will either never retire, or retire on welfare. If I could do it all over again, I would just get a job at Wendys. At least then I would survivie and have money to eat. The situation is hopeless, and exist due to politicians changing the laws for people who payed them off. Same old story, it isn't about we the people, it is about we the politicians...screw the people. Correct, all of you. The fact that we can not refinance, like ANY other loans, or if all else failed be able to claim bankrupcy, like ANY other loan. The whole system is corrupt and they are ruining lives for many. And they could care less. Yes, I borrowed the money and am trying to pay it back, but it is so overwhelming that I don’t think I can keep it up for too long. I get payed well in my job but am basically in poverty and will either never retire, or retire on welfare. If I could do it all over again, I would just get a job at Wendys. At least then I would survivie and have money to eat.
The situation is hopeless, and exist due to politicians changing the laws for people who payed them off. Same old story, it isn’t about we the people, it is about we the politicians…screw the people.

]]> By: Kat http://www.bankaholic.com/finance/lower-your-student-loan-payments/comment-page-1/#comment-25957 Kat Thu, 09 Jul 2009 22:27:45 +0000 http://www.bankaholic.com/finance/?p=866#comment-25957 The problem is what about those of us that had to take the loans out when rates were so high, how about they let us refi at lower rates instead of just consolidating at 1 rate and being stuck with it forever. I think they should give some forgiveness for those that actually made the extra effort and graduated. The problem is what about those of us that had to take the loans out when rates were so high, how about they let us refi at lower rates instead of just consolidating at 1 rate and being stuck with it forever. I think they should give some forgiveness for those that actually made the extra effort and graduated.

]]> By: Charlie http://www.bankaholic.com/finance/lower-your-student-loan-payments/comment-page-1/#comment-25939 Charlie Thu, 09 Jul 2009 16:17:44 +0000 http://www.bankaholic.com/finance/?p=866#comment-25939 The government should resurrect the lower interest rates that Clinton dished out while I was in college 2% - 3%. This allowed the borrower the opportunity to pay down the principal thereby paying off the stupid loan that seems to never go away! The government should resurrect the lower interest rates that Clinton dished out while I was in college 2% – 3%. This allowed the borrower the opportunity to pay down the principal thereby paying off the stupid loan that seems to never go away!

]]> By: John Raymond http://www.bankaholic.com/finance/lower-your-student-loan-payments/comment-page-1/#comment-25812 John Raymond Thu, 02 Jul 2009 06:38:42 +0000 http://www.bankaholic.com/finance/?p=866#comment-25812 Putting a bandaid on a gunshot would. I owe $250,000 (over $100,000 is interest) at 8.12. So I pay $1875 a month, and accure $1700 interest a month. You figure how I can afford to do this till I'm 80 years old? I am leaving the country when I retire. Those people can eat it. Putting a bandaid on a gunshot would.
I owe $250,000 (over $100,000 is interest) at 8.12.
So I pay $1875 a month, and accure $1700 interest a month. You figure how I can afford to do this till I’m 80 years old?
I am leaving the country when I retire. Those people can eat it.

]]> By: Ferodynamics http://www.bankaholic.com/finance/lower-your-student-loan-payments/comment-page-1/#comment-25794 Ferodynamics Sun, 28 Jun 2009 14:25:09 +0000 http://www.bankaholic.com/finance/?p=866#comment-25794 What makes me laugh, they have always had this repayment plan since I graduated in 1999. They simply re-announced it. There could be a subtle change but it sounds exactly the same to me. They have four plans: fixed, increasing (monthly payment increases over time,) income contingent and another one I can't remember. What makes me laugh, they have always had this repayment plan since I graduated in 1999. They simply re-announced it. There could be a subtle change but it sounds exactly the same to me. They have four plans: fixed, increasing (monthly payment increases over time,) income contingent and another one I can’t remember.

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