My little sister is about to go into default on her student loans. She has tried deferring them but because she has a high income, she can’t. She made some really bad financial decisions in the past and is underwater on her car, her wages are being garnished by another creditor and has thousands of dollars in other debts that are restricting her ability to pay her $600+ student loan payment. She lost her job for a few months and became even further behind in her payments. She’s put herself between a rock and hard place. Are there any tips to help her get climb out of the hole she dug?
She’s a nurse, doesn’t live on her own and her wage garnishment is about 20% of each paycheck. She also has two kids.
Submitted December 26, 2018 at 11:36AM by move_illdoit http://bit.ly/2ESXclp