Whats the best way to take over student loan payments from parents?
Now that I have graduated, I would like to take over the payments.
The loan company (Nelnet) won’t let us and say we have to either make payments to my parents or get a personal loan to cover it.
My husband and I are considering the latter.
Any advice??
Favorite Answer
The thing is, though, this doesn’t help YOUR credit. If you can refinance for lower payments and make double you may be able to get as low of a rate as your parents as well as making a nice hike in your credit score. There are plenty of student loans that offer low rates.
u need to make out checks to the loan company with the proper account numbers and u’ll see them cashed and applied against the loan. without a doubt.
do not get a loan to to cover this . u’l pay high costs , u’ll have it on ur credit slave score. u’ll waste ur cash.
visit daveramsey.com to learn what isn’t taught in schools – how to own ur cash.
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