"The larger, more traditional lenders tend to be the most rigid," Mayotte said.
If your lender is unable to make an accommodation for you, it's time to look at some of your other bills and debts, said Elaine Rubin, senior contributor and communications specialist atYou may want to cancel subscription services, gym memberships or reduce the cost of your phone bill. "If you've already done that, you should look at assistance programs out there to help you with some of your everyday needs," Rubin said.
With interest rates at record lows, it might be a good time to refinance your private student loans, Sealy said. Doing so can lower your monthly payment, but you'll typically need a good credit score and not too much outstanding debt."The default can remain on your credit report for years and damage your ability to borrow for a car or a home, or even to rent an apartment," Sealy said.
Once the borrower gets back on their feet financially, however, you can see if they can refinance their loans to get you removed as a co-signer, or check if the lender has a co-signer release program, she said. "If the co-signer is in a difficult financial situation, they can ask the lender for financial relief, too, just as the primary borrower should have," said Mark Kantrowitz, publisher of
FIRE JIM CRAMER
Setting Cramer’s lunacy aside, the whole “industry” and its profits are being protected by a billionaire with no compassion for the 99% DeVos should never have been appointed - it’s one more wolf in the henhouse, and this wolf population needs to be decimated..
Have you issued a statement on Jim Cramer?
FireCramer FireCramer FireCramer FireCramer FireCramer FireCramer FireCramer FireCramer FireCramer FireCramer FireCramer FireCramer FireCramer FireCramer FireCramer FireCramer FireCramer FireCramer FireCramer FireCramer FireCramer FireCramer FireCramer
Fire crazy jimcramer. No excuse for the disrespect he showed towards SpeakerPelosi
Fire Jim Cramer!!