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Financially fucked. Need help.
10 years ago
Okay, it's late, I'm depressed and desperate, so this is going to be a short one.
I went to college for a while back in the 2000s. Didn't graduate, but that's another story entirely. Obviously, like anyone who went to college in my generation, I took out loans. I've juggled and struggled with them for years, but have always managed to negotiate ways around problems and ultimately managed to get things back on track.
That doesn't seem to be an option this time around.
I have two loans with Sallie Mae, and they are private loans. There's not much to be said except that private loans are the worst kind of student loan to have, bar none. And they're about to seriously financially fuck me into oblivion.
When Sallie Mae separated into Sallie Mae Bank and Navient, my loans went over to Navient. I was originally on a decent repayment plan with Sallie Mae...which Navient saw fit to somewhat ignore, upping my monthly payments from 150 a month to 190 a month, which I can't afford. Combine that with a run-around, a shitty broken website, nobody at the companies seeming to be on the same page, and my own hardships over the past months, and I've apparently fallen behind on my payments.
I did the responsible thing: I called them to try and figure out what we can do to bring things current and get back on track. The response was less than encouraging.
Navient refuses to do anything to make my delinquency current. Zip. Zilch. Nothing. Combined with late fees and interest, this delinquency has put me, apparently, over 1300 dollars behind on payments.
"What can I do?" I asked.
"You need to pay the full late balance to become current and start making normal payments again."
"I do not have that kind of money. I'm not going to have that kind of money any time soon, period, even if I get a second job. There has to be something else you can do. Anything."
"We've gone through all your options, and you're not eligible for forbearance or deferments."
"Then...what am I supposed to do?"
"Pay what you can, when you can, until you can find another job or a better job."
Gee, thanks, Navient! I never realized the answer was there in front of me all along! Just get a better job! Go walk down the street and get a better one, easy as that! Then I'll for certain be able to pay!
Needless to say, this isn't going to work. I'm already going to pay what I can when I can (which isn't much), but I'll STILL be behind, and ultimately WILL go into default. Navient refuses to do anything to help me, as if I'm trying to be sneaky and avoid paying anything. Yes, half of this mess is my fault, but not all of it.
I have polled numerous friends and family. No one can help me. Not one person.
I'm fucked.
I went to college for a while back in the 2000s. Didn't graduate, but that's another story entirely. Obviously, like anyone who went to college in my generation, I took out loans. I've juggled and struggled with them for years, but have always managed to negotiate ways around problems and ultimately managed to get things back on track.
That doesn't seem to be an option this time around.
I have two loans with Sallie Mae, and they are private loans. There's not much to be said except that private loans are the worst kind of student loan to have, bar none. And they're about to seriously financially fuck me into oblivion.
When Sallie Mae separated into Sallie Mae Bank and Navient, my loans went over to Navient. I was originally on a decent repayment plan with Sallie Mae...which Navient saw fit to somewhat ignore, upping my monthly payments from 150 a month to 190 a month, which I can't afford. Combine that with a run-around, a shitty broken website, nobody at the companies seeming to be on the same page, and my own hardships over the past months, and I've apparently fallen behind on my payments.
I did the responsible thing: I called them to try and figure out what we can do to bring things current and get back on track. The response was less than encouraging.
Navient refuses to do anything to make my delinquency current. Zip. Zilch. Nothing. Combined with late fees and interest, this delinquency has put me, apparently, over 1300 dollars behind on payments.
"What can I do?" I asked.
"You need to pay the full late balance to become current and start making normal payments again."
"I do not have that kind of money. I'm not going to have that kind of money any time soon, period, even if I get a second job. There has to be something else you can do. Anything."
"We've gone through all your options, and you're not eligible for forbearance or deferments."
"Then...what am I supposed to do?"
"Pay what you can, when you can, until you can find another job or a better job."
Gee, thanks, Navient! I never realized the answer was there in front of me all along! Just get a better job! Go walk down the street and get a better one, easy as that! Then I'll for certain be able to pay!
Needless to say, this isn't going to work. I'm already going to pay what I can when I can (which isn't much), but I'll STILL be behind, and ultimately WILL go into default. Navient refuses to do anything to help me, as if I'm trying to be sneaky and avoid paying anything. Yes, half of this mess is my fault, but not all of it.
I have polled numerous friends and family. No one can help me. Not one person.
I'm fucked.
fox_in_boots
~foxinboots
wish i knew an easy answer for ya
