Private Student Loans
I took out some private student loans a couple years back. I am still in school, but the company says that my "shelf life" has expired. At the time of attempted collection I was on disability with a pregnancy. My husband was the only one working and we had two other children to support. So, we didn't have the money to pay at the time. It then went to a collection company that has been relentless. They told me that I had three choices, A)Pay the full amount now B) Pay half now and make the rest in payments C)Make payments monthly. I told them that I can make payments, but they refused to take anything less than $600 a month. My in-laws co-signed so I did not want them to be involved, so I agreed. Now we are struggling to make it, we can barely pay our bills and have no money for groceries. I have tried to talk to someone at the company but they only transfer me to the rep and he will not answer my calls or call me back. I want to pay my debt, but I also have to feed my children as well as keep a roof over their heads. What can I do?