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Old 06-14-2016, 11:15 AM
Here2help Here2help is offline
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Join Date: Feb 2016
Posts: 21
Default Re: how to deal with student loan debt

You can pull you credit report for free once a year. Get all three free at www.annualcreditreport.com

review them in detail. Note each creditor. You'll need to contact each of them to see what it will take to get them back in good graces.

Make sure that you have your budget figured out before talking about a repayment schedule. You'll need to make sure that you cover your basic needs first. With the left over money you make per month you'll use that to pay everyone back. You can use a Pro-rata (percentage of each debtor vs total debt) approach on repayment.

You can also check your credit score for free at CreditKarma.com. This will give you an idea on your credit score. If you're looking at buying a house, you'll need to make sure that you can not just afford the house, but also the repairs associated with them.
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