Private Student Loans

Private Student Loans Review



Overall 1.00 of 5 (by 1 user)
 




reviewer
cjames2424
Charlotte, NC

Sallie Mae Private Student Loans

1 star rating

in debt, I believe in honesty

JUN
24
2009

I have cosigned for student loans for my son who is now 23 and looking for a job.  He was able to get a deferment for the first 6 months and now is not able for another one.  The government states that if you are in financial trouble to talk to the lenders and they will help.  NOT TRUE.  They don't care. You tell them that you can't afford the payments and they say you don't have any more deferment available and that they can't help.  They have also said you applied for the loan and now it is due and you have to pay it.  I am helping him pay his loan,but it is hard.  Someone need to help Private Student Loan Borrowers with dealing with the lenders on payments.  It's not like we are not trying to pay them back, we are paying them, but it is very hard.  They keep hiking on this interest rates that seems like he will never be finished paying the loans back.  I think that's the goal to have the borrower paying them back forever.  Fustrated and Want HELP.  When is the president going to do something?



I_thumb_up Private Student Loans is recommended by cjames2424

D
Did you find this review helpful?
 
 




I_comment_shdw24 Comments about cjames2424’s Review