Can I remove my cosigner ( mom ) from my students loan?
I am about to graduate from college in May 2009. I will be teaching English abroad to pay my student loans.
However I have been having a lot of problems with my mother lately and she wants me to pay my student loan immediately. I need to find a way to remove. I try to explain to her that it wont affect her but she doesn’t understand. Please help…..I’m tired of alway feeling bad and crying
Yes, you can combine your loans and put them in your own name. From what I’ve been hearing at work, the time to do this will be July 2009. You loans aren’t due until you are out of school for 6 months anyhow, so she’s not paying on them right now, right?
Talk with your loan company and ask them about the consolidation “deal” coming up in July.
You are to be admired for taking on your own debt. I know parents right now that are in danger of losing everything they have because they can’t affford their kids’ student loans.