College financial aid administrators can reduce student loan limits on a case-by-case basis, but are more likely to do so with private student loans than federal student loans. The statutory authority to reduce federal student loan limits or refuse to certify a loan is pretty broad. But guidance published by the U.S. Department of Education has narrowed this authority enough that college financial aid administrators hesitate to use this authority except in the most extreme […]
Dear Penny, Approximately two years ago, my spouse agreed to financially help one of his best friends. The best friend convinced my spouse to take over his student loan. The friend promised to reimburse my spouse monthly for the debt. The debt is in bank draft form. Each month the payment comes out of our account. Unfortunately, the friend is several months behind with what seems to be no intention to pay. Any advice for […]
My pick of last week’s news is Energy crisis will double average heating bill from April. Debt advice Response from the Money and Pension Service regarding debt advice Treasury Committee: “until successful bids are confirmed, we will not know any change in the proportion or total volumes of debt advice provided by individual channels” Our […] The post Debt news – 5 December 2021 appeared first on Debt Camel.
So the Lady has caught Covid and I’m left alone to look after the Master and Little Lady. Who would have thought being a single parent wasn’t a lifestyle choice for lazy idle scroungers? Ok, anyone who thinks that being a single parent* was easy needs to try it for a couple of days and that’ll change their minds. It’s not easy looking after a 3 & 5 year old, still do a job that’s […]
If you have below average or poor credit, there are people out to get you