forbearance

I Can’t Afford To Repay My Student Loans. What Are My Options?

Student Loans / Lynnette Khalfani-Cox, The Money Coach / forbearance, garnishment

Q: Hi, I have a pretty unique situation regarding student loan debt. I have about $100K in student loan debt. I did not find a job until about 8 months out of college and the loans were in deferment. The entry level position I obtained was not enough to pay my loans and I was […]

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A person in a blue shirt and black pants stands with their pockets turned inside out, indicating they are empty, perhaps burdened by student loans.

How To Deal With A Student Loan That You Can’t Afford To Pay

Student Loans / Lynnette Khalfani-Cox, The Money Coach / Default, forbearance

Q. How do you suggest dealing with student loans that you cannot yet pay because of lack of job or business profit? A. If you can’t afford to pay your student loans due to a lack of income, get a deferment, forbearance or loan cancellation during periods of economic hardship. Most people think only students

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All information on this blog is for educational purposes only. Lynnette Khalfani-Cox, The Money Coach, is not a certified financial planner, registered investment adviser, or attorney. If you need specialty financial, investment or legal advice, please consult the appropriate professional. Advertising Disclosure: This site may accept advertising, affiliate payments or other forms of compensation from companies mentioned in articles. This compensation may impact how and where products and companies appear on this site. AskTheMoneyCoach™ and Lynnette Khalfani-Cox, The Money Coach® are trademarks of TheMoneyCoach.net, LLC.

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forbearance

I Can’t Afford To Repay My Student Loans. What Are My Options?

How To Deal With A Student Loan That You Can’t Afford To Pay

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