Wednesday, July 23, 2008

Don't Pay Your Student Loans

Don't pay your student loans. This probably is not a good idea. You will have a tough time trying to avoid paying your student loans. The government always gets their money and wont let you file bankruptcy with it. Defaulted student loans will ruin your credit and may cost you getting a job. Some employers will pull your credit and will not hire you if you have defaulted student loans on your credit report.

If you are going to take out student loans, make sure that you actually intend to repay them. If you are having a problem paying your current student loan, be in communication with the company that you took the loans out with. They will usually want to help work it out with you rather than have them go into default.

Get help with student loan debt

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