student loans taken care of

[captainQpin]

ok so we have a student loan that we have not recived any info on at all 10 months ago it went into defult we paid for 9 months it went out of defult and never heard anything on again i figured his dad was paying on it then today out of he blue this lady starts calling us very angery and like every 5 mins told my husband that i have to call at excally 730 not 1 min early or late and she dosent want to work out any kinda plan according to hubby she wants the $ now or they will garnih $400 of his wages I dont now what to do honestly we are a fam of 6 and can get food stamps on the $ my hubby makes we dont but could. I dont even know what to say to her she is really snotty on all the voicemails and wants to know every last penny that we spend is that typical? thats why I have to speak to her cause hubby has no idea he just makes the money i spend it lol so what do i say I dont know what loan this is for except it is th one that went into defult b 4 we dont have the money help please any one?

[jen276here]

First, I never talk to anyone who calls me. I tell them politely that I will call the creditor(ask for the creditor's name - not her's, but the lending institution) and speak with them - reason being is you never know who is actually calling. Are you 100% this woman is from the loan department? I would have DH call the creditor and speak w/ a customer service rep or supervisor and work something out with them. They should be relatively flexible in creating a payment plan - if they are not, tell them, this is all I can do and something is better than nothing. You have to pay the debt, but $5 a month is better than $0 a month, kwim? Is this a government loan or a private lender? They will continue to call until the amount is paid in full and there isn't much you can do about that. I would have to assume by this point this debt has hit your credit report so you will have to work on improving that score by paying on time monthly as per agreed. Even if they don't call, you (well DH) need to be sure that bill is paid every month -Just because they don't call, doesn't mean it isn't due and you shouldn't assume someone else is paying on it. You really don't want to have your credit go so far down it is virtually impossible to come back up, kwim? Good Luck!

[captainQpin]

our credit score ios already screwed not woried about that for now hubbys dad takes care of a few of the loans and is always late plus last year b 4 hcw we filed for the "B" word cause ouf all the medical bills (hubbys cancer) credit cards (from when he went to school) ect we gave up terrible i know but there was nothing else we could do kwim?

ps love your siggy

[jen276here]

our credit score ios already screwed not woried about that for now hubbys dad takes care of a few of the loans and is always late plus last year b 4 hcw we filed for the "B" word cause ouf all the medical bills (hubbys cancer) credit cards (from when he went to school) ect we gave up terrible i know but there was nothing else we could do kwim?

This loan must have came after the 'B' word?

I still suggest calling the loan dept from the number on a loan statement or you can prolly get the # from their website. There are too many scams anymore that I trust no one who calls me! (yeah, I can be paranoid!!) When you call, tell them you are on a strict budget and have $xxx to pay toward the loan each month and that is all you can do. Hopefully they will not give you too much fuss, but they may and they may ask for more. Stand firm on what you can actually afford. Good Luck!

[saving-n-va]

If it is a standard student loan through Sallie Mae, call THEM first not whoever it was that called you. If you are up front and honest with them there are things they can do to work it out with you. However, since you already let it go into default, I don't know how they will be.

But don't let that woman talk nasty to you, they do not have the right to do that. They can threaten things that they have not authority to do just to scare you. Find out your rights before you call her back! And don't take any crap from them.

FYI to the other poster - Govt. student loans do not get included in a bankruptcy.

[captainQpin]

i just got off the phone and they said they mailed the info but honestlyi never got it they wont send it out again cause taht will buy me time and every one keeps yelling at me i called sallie may and they send me to the collection company

[captainQpin]

cant find a human only a computer help how do i get ahold of sallie mae

[captainQpin]

sallie maea is not handilg the loan have to talk to the yelling ppl

[jen276here]

Unfortunately at this point it sounds as if Sallie Mae has officially sold your account to the collection's agency, meaning you officially owe the collection agency money now. I would bypass the rude lady and ask for a super who can speak normally w/ you. Tell her you refuse to speak w/ her, you want a super. Doesn't guarantee a nicer person, but it is worth a shot. You are still in the position of needing to explain what you can or cannot afford and working out an appropriate payment option though.

[jen276here]

You don't have to tell them how much you spend on stuff, be talked to meanly, or call ANYONE at 7:30 on the dot. That's rediculous. That's what ALL creditors say.

When I say what she can/cannot afford, I mean if they want $100 a month and she cannot afford that, she needs to tell them that. If she can afford $50 though she needs to be clear what she can pay.