KM Brennan asked:


My husband and I have over $120,000 in student loan debt (mostly private loans with Sallie Mae).
We are looking to join the Peace Corps and I just found out that our loans can not be deferred while serving.

I’m wondering how to deal with this giant debt.
Should I consolidate? Is there anything smart I can do to help get these paid? Are there any other options for us (consolidation, any financial aid options…etc.)? Any advice would be greatly appreciated.

Thanks in advance for your advice.

Consolidating Credit Card Debt

LT asked:


My fiance has very bad student loan debt. His student loans are private through Chase bank. Unfortunately they are not federally funded through Sallie Mae or the equivalent like mine are. My questions are:

1) If we get married and for some reason divorce, would I inherit half of his student loan debt? The loans were all taken out prior to marriage, obviously. The whole “private” student loan thing kind of scares me…

2) When we get married, will my credit score of 800 be affected now that I am linked to someone with a worse credit score? My fiance’s credit score is not bad (around 680) but his income-to-debt ratio is astronomical.

Any other things I should be worried about????

Thank you in advance!!
Thanks!! What if i apply for something on my OWN (not file jointly). Will they still tie me to my husband and not give me as good of a rate because of his debt, and I am married to that debt?? Hopefully that made sense! Thank you!

Student Consolidation Loans

tridoc asked:


I am newly out of school and was looking to consolidate my outstanding federal student loans (just unsubsidized and subsidized Stafford Loans), but none of the major banks will accept new loan applications. That is including Sallie Mae, Chase, and Wells Fargo. What other options do I have? I prefer major banks, especially the way are economy is right now. How long would these programs be suspended?

Settlement Credit Card Debt

ericacastanon81 asked:


I have a series of student loans – a few from Direct Loan Servicing Center, Nelnet and Sallie Mae. How can I get these consolidated with the best rate and are there any cash back perks or other incentives for consolidating these loans?

Loan Credit Card Consolidation