Re: student loans
You said your parents were paying it, are they not paying them now? I don't really have much advice for you. I am not sure how a deferment for economic hardship works. If you pay while in deferment for economic hardship does it take it out of deferment? Will a economic hardship deferment effect your credit? Mine were deferred because I kept going back to school before my 6 months your out school time ran out. I never borrowed any more and I paid on the loans the whole time it was in deferment. So when it finally came out of deferment I had very little balance left and ended up being charged very little interest. Is that something you can do? The 7.25% seems rather high for a student loan.
ETA: your were typing at the same time I was. I guess paying on deferment won't work at all if you can't make the payments.
SAHM to LR 7/26/07
and IHM 10/6/10
, wife to a self proclaimed genius, ex-navy guy. Going places and doing things that I always dreamed of, but never imagined I would.
Last edited by jbug_4; 01-30-2012 at 12:24 PM.