I’m 25 years old and make just over 40k, but have some extreme student loan debt. 80k of my debt is private and 70k is federal. My current monthly payment is $830 for my private, and I have my federal on income based and it’s at $0, but I pay what I can. I feel like the interest is burying me further and further every day and I don’t know how to even begin to tackle this.
I’ve considered refinancing, as my loans are variable and are at extremely high rates currently. I tried to get rates from SoFi, but my loan was denied. I have a pretty good credit score (over 750) and was hoping I wouldn’t need a co-signer, but looks like my debt to income ratio is too high. Do I have any other options?
Submitted April 04, 2018 at 06:37PM by throwaway1010178 https://ift.tt/2uJ338m
