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Unpaid tuition was sent to a debt collector. Is it better to pay through them with no interest and take a hit on my credit score or get a loan from Sally Mae etc.?
Unpaid tuition was sent to a debt collector. Is it better to pay through them with no interest and take a hit on my credit score or get a loan from Sally Mae etc.? I have about $18,000 in unpaid tuition from a graduate program that was sent to a debt collector (the reasons are convoluted and annoying, but it’s there now and valid). It hasn’t been reported to the credit bureau yet, but will be on August 1st if the debt stays with them. They have suggested I try to get a student loan through Sally Mae or Co...
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