How to pay debt with immigrant status?
I am an immigrant from Indonesia, I had made bad decision. First I have to apologize with my English, I am still learning. I moved to United State 5 years ago, with visa asylum, while in the process I thought that I can get online education , and I was wrong, I pay for couple times and then stop paying because I need the money for living, years pass by, I always thought that I can get a loan which I can pay up later after I graduated, but it never happened because of my status, finally my Visa came out Dec 2nd 2009. short story, I have debt with my college for $12.000 for 10 classes, I feel stupid right now. I want to quit the college but I dont want to waste all my time through that class, but I have no money, I tried to make a loan from any bank, but my credit history is not good enough. I really need someone that can help me with this situation, suggestion or opinion are very much welcome, and I am not familiar with all this education term and stuff. I dont know where to ask, I dont have any family here in US. Thank you for your kind attention. The problem is I can not get a student loan, I need a co signer, and I dont have anybody that willing to put them self on unsafe spot. I can even get a loan for $3000 with my credit history
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If you took out a student loan then this loan will have to be paid off.... eventually. There is only one way to pay it off: Get a job and make your monthly payments to pay off the debt. You can't pay off a loan with a loan.... no lender will agree to an unsecured loan to pay off a student loan that can not be discharged in bankruptcy. Contact the lender and make a payment plan and start paying it off. Student loans come due the moment you are done with the education and no, the fact that you flunked out does not make it any better. Sorry..... all you get with a question like this is a lot of loan scammers. Don't answer to anybody that offers you a low interest loan even if your credit is bad. That is a scam.
