Well, I came out with a $200 surplus this month. Fantastic! For months now I've been merely treading water and dropping my bank account down into the single digits.
And then the student loan people start banging down my door. They want $150, which not only kills my surplus but when my car insurance tries to withdraw it's share through the autopay, it won't be there.
They don't care that I'm still in school, they still want this payment, and I have to fill out a series of forms and give them to my school to fill out to keep them from wanting more.
What the hell am I going to do? 
Under capitalism, man exploits man. Under communism, it's just the opposite. - John Kenneth Galbraith
Ever since you started talking about getting that Jeep, or whatever it is you bought.I've seen what it's done to my parents. I plan to avoid loans like black plague. They're bad for you. My car will be shit-on-wheels for awhile, I won't have a house, but I won't have debt. [ 08-30-2003: Message edited by: Suddar ]
quote:
Maradon! had this to say about John Romero:They don't care that I'm still in school, they still want this payment, and I have to fill out a series of forms and give them to my school to fill out to keep them from wanting more.
What the hell am I going to do?
You're still in school but they are demanding payments?? Cripes, who do you get your loans through? I would dump them right now.
Every student loan company I've worked with has allowed a 6 month grace period after you aren't taking classes anymore before you have to start paying.
quote:
Reynar had this to say about Knight Rider:
You're still in school but they are demanding payments?? Cripes, who do you get your loans through? I would dump them right now.Every student loan company I've worked with has allowed a 6 month grace period after you aren't taking classes anymore before you have to start paying.
Thats how mine are too. Though if you use that 6 month grace period at any time (I.E. Not go to school for a full year) then the day you stop going you have to pay em back.
You also have to be going full time, if i remember right [ 08-30-2003: Message edited by: Falaanla Marr ]
Under capitalism, man exploits man. Under communism, it's just the opposite. - John Kenneth Galbraith
quote:
Karnaj spewed forth this undeniable truth:
Unless it's a subsidized loan, he still has to pay interest every quarter. I know I do.
From what I understand there, you have the option with an unsubsidized loan. You can pay interest as you go or you can have the interest just added on to the principal.
quote:
Maradon! wrote, obviously thinking too hard:
Those of you not too keen on whining, quit reading now.Well, I came out with a $200 surplus this month. Fantastic! For months now I've been merely treading water and dropping my bank account down into the single digits.
And then the student loan people start banging down my door. They want $150, which not only kills my surplus but when my car insurance tries to withdraw it's share through the autopay, it won't be there.
They don't care that I'm still in school, they still want this payment, and I have to fill out a series of forms and give them to my school to fill out to keep them from wanting more.
What the hell am I going to do?
Yer gonna quit whining and survive. Yeesh. Talk to the student loan people. Tell them that this month you need to pay your car insurance so you can go to work to earn the money to pay them. Offer them substantially less than the 150 they demand, so that you can cover your insurance. Tell them you'll pay them next month, but money is currently tight.
See about borrowing from your parents over the short term.
And it's not a 200 dollar surplus if losing 150 of it means you can't pay your insurance. Surplus indicates unneeded excess, Maradonnie
It sucks, but you'll get through it.
sigpic courtesy of This Guy, original modified by me
Lyinar Ka`Bael, Piney Fresh Druidess - Luclin
