25yr old Perkins Loan just popped up I received a letter last month stating that I owe on a Perkins Loan from 1996. I paid off what I thought was all of my debt in 2010, including a couple of student loans. Not only are they saying I still owe the Perkins Loan but the $500 original loan is now $8k because there is a default judgement added on. I never received any summons or inform…

Paying Off Car Loan Immediately? I (27 M) recently got a new car and financed ~ $12,500 for 60 months at 7.99% after putting a sizable down payment and a trade-in. My monthly payment is ~ $250 and very manageable with my income; the first payment will be due in early December. My credit score is in the high 700s and I plan to purchase a house in the next 2-3 years. The loan is …

Student loan still on credit report despite being at $0. Title. CK says that I still have my Sallie Mae student loan open despite the balance being at $0. Did something go wrong on their end? Or does it take time for the account to close? TYIA! submitted by /u/Nickvec

Am I crazy to pay off our car loan? Long story short – my wife and I have have no debt except for our mortgage and a single car loan with a $19k balance for a 2020 CRV worth about $25k conservatively. I financed right before the car market got crazy in early 2021 for 60 months at 0.9% interest. We do well and have $150k in liquidity available. So far I’ve resisted the urge to pay …

32K Car Loan regret? Im an E-4 Navy Nuke, 20 Married no kids bringing in roughly 65k a year I bought a new subaru brz coming out at 32k and I watched a Dave Ramsey video and im just looking for some guidance. I have no credit card debt, all my bills are paid for, The car loan is 560/month @ 5.59%. What would your gameplan be from here? I have 4years on my contract r…

Personal Loan Scams in the US Has anyone heard of “LoanMe” in any type of scam?? They have been charging me the same amount for many years. They stop sending me a reminder in mail or via email. I thought I was done and didn’t need a sign off. I’ve requested a detailed transaction list from them, they could only date it back to 2020 but they have me in records that I started …

Paying Off Student Loan, or save for House I have about 45k in liquid savings and roughly 70k in student debt. My wife and I just got married and we’re looking to buy our first house sometime in the next couple years. I have both personal student loans (30k @ 3-4%) and then Two Parent Plus student loans under my mom which I pay as well (20k @ 6.7% & 18k @ 7.2%). I was curious if it makes…

LPT How to Apply for Student Loan Forgiveness Link: https://time.com/personal-finance/article/how-to-apply-for-student-loan-forgiveness/ Who is eligible for student loan forgiveness? Student loan forgiveness is generally limited to borrowers who have spent enough years working for a qualifying public employer. You’ll need Federal Direct loans to qualify for it. To qualify for TLF, you’ll ne…

Rejected for a car loan. What do I do here? I’m trying to buy a ~$17,000 car (2020 Kia Sportage) putting $7000 down. It’s a bit of an interesting situation because it’s my dad’s car that I’d be buying off him, and I’ve been driving the car and already been paying him for his own loan on that car and insurance for months. So essentially it’s my car, just not on paper, and obviously that me…

mom died leaving big ally auto loan & house loan so my mom passed away on sunday after a long battle with kidney failure and difficulties with dialysis. she left a will where she left her house and car to me. unfortunately her whole term life insurance for $10,000 is only giving me $700 since she only had the life insurance from 2022 and died within the two year period before she would have a…

My grandmother is in a car loan and needs out of it In 2022, my mother (we will call her Jane) needed to get a car but her credit didn’t allow her to get the car at an affordable payment so my grandmother (we will call her Mary) signed with her to lower the payments. A year later, Jane told Mary that she can’t afford the payments anymore and gave the car back to Mary. Mary wants to sell the car b…

Personal loan or not I have about 10k worth of credit card debt between a few different credit cards. I just got a 25k raise and am ready to tackle down to get the debt paid off. I was offered a personal loan through SoFi to consolidate and have a lower interest rate. Should I do that or just make payments on each card? submitted by /u/Zealousideal-Bass600

My partner and I have so much student loan debt that our basic cost of living plus loan payments exceed our combined income. Is there anything we can do? Any advice would be awesome. For context I (30M) and my wife (32F) seem to be in a much worse situation with student loans than most people we know. I got a terminal, 8-year degree and she got two masters degrees then went to medical school. Our parents only ever gave us bad advice when it came to college, so it now seems. Fast forward to now. I…

How are you sales this month? Are student loan repayments starting again affecting you? Our demographic is mostly 18-35 year old men, student loan repayments starting again seem to have taken a toll on our sales as we are down this month by a decent amount. submitted by /u/VVZZXX

Personal loan after no work for 7 weeks I was jobless for about 7 weeks with no income. I got behind on pretty much everything. I am now.working 2 part time jobs @ 21 and 18 per hour respectively. Ihave 950 owed on a cc @29.99% interest. I have to buy 2 new tires, and I have some other bills past due. I was able to get a 1500$ personal loan and order my tires, pay 800 on the cc, order…

to pay or not to pay off my apartment loan? Unfortunately someone in my family passed and left me enough to fully pay my apartment dept. My gut feeling tells me to just get rid of the mortgage specially now with the interest rate so high. But friends say it’s a bad financial decision, that instead is should keep the dept and invest instead as most probably it could easily cover the intere…

Feeling trapped after taking personal loan out of 401k Long story short…. Built a house, wanted extras in said house took out $10,000 for the 401k. Now however I realize how I am stuck here until I pay it off. I could potentially make almost $8 more a hour if I go elsewhere but don’t know if I can because I don’t have the money to pay off the loan. Is there a way out of this or am I just overthink…

Will credit union let me refinance/ give me a car loan while I still have a previous car loan payoff pending on my credit ? Title ? submitted by /u/Jasonj726

Did I jump start my student loan payments? I decided to pay back one entire loan because the interest of my student loans were stressing me out and I could afford it. Everything I read online said I could pay back while in deferment and it wouldn’t affect it. I just got an email saying I have an amount due in December 2023 and ALL my loans are accruing interest now. The last email I got …

Is “My Chase Loan” a good option?? I need a cash advance and “My Chase Loan” seems like an alright option. I need 5k and if I choose 6 billing cycles with 6.99% fixed APR, it says I’d pay $849.79/month, which x6 = $5,098.74. Does that mean I’d only pay around $100 in interest or are there other fees and interest that come along? Also, it does say “Your fixed monthly payment may …