BF2S Forums Money problems

spacebandit72 wrote:

Well, I'm stuck financially. It's my fault but I'm trying to fix it.
I defaulted on a federal student loan and my account was given to a collection agency. They have been calling me after 9pm in some cases and they hang up on me when I ask them to explain what I need to do to make payment arrangements that I can afford.

They tell me I have to pay $1500 in full or pay $50 a month which in most cases would be no problem but I'm moneyless because my vehicle broke down and my hours have been cut down at work (truck driver).

So, I ask them if we can work something out till my finances turn around. NO was the answer.

Fortunately this is my only defaulted loan and I do want to make good on it. I just can't afford to make the payments at this time.
Next tax season I am so paying this damn thing off.



So, any of you in the same boat? (stupid question)
Anyway, please tell me (keep it kinda brief) your financial problem so I can feel better about my situation! LOL

badhq wrote:

spacebandit72 wrote:

Well, I'm stuck financially. It's my fault but I'm trying to fix it.
I defaulted on a federal student loan and my account was given to a collection agency. They have been calling me after 9pm in some cases and they hang up on me when I ask them to explain what I need to do to make payment arrangements that I can afford.

They tell me I have to pay $1500 in full or pay $50 a month which in most cases would be no problem but I'm moneyless because my vehicle broke down and my hours have been cut down at work (truck driver).

So, I ask them if we can work something out till my finances turn around. NO was the answer.

Fortunately this is my only defaulted loan and I do want to make good on it. I just can't afford to make the payments at this time.
Next tax season I am so paying this damn thing off.



So, any of you in the same boat? (stupid question)
Anyway, please tell me (keep it kinda brief) your financial problem so I can feel better about my situation! LOL

Well not sure if you have them in us but in UK we have citizen advice buro, you can talk to them about things like that and they can tell you best possible solution....

or you can get company to take you to court and see the Judge ( as long as you willing to make some sort of payments even if it's $10 bux a month and you tell them that will increase soon as you start earning some more money ) I don't think you should have any problems

Last edited by spacebandit72 (2007-07-19 06:05:31)

Ninja_Kid2002 wrote:

Doperwt. wrote:

well it depends if he signed a contract that he would pay 50 $  a month, then he is guilty of not complying to the terms. A guy may come and take his stuf

I train people in a personal loans company in the UK.
We have trouble with people registering with the citizens advice bureau and debt collection companies. Regardless of what they agreed to pay, these companies take control of their finances and only pay us £1 per month. And there isn't a damn thing we can do about it. If we don't accept, they'll just declare themselves bankrupt and we get nothing.

EDIT:

spacebandit72  wrote:

I was not expecting advice (but I'll consider any ideas)
My point was to have others tell me their money problems so I can feel better when I see someone who is worse off than me! LOL



I have signed no contracts.

Well I'm much better off than you! Muhahaha.

If you havn't signed a contract then you can wave a pretty pink digit at them and tell them to sift through your feaces for their money.
Unless, of course, you borrowed it off loan sharks, in which case you want to pay them or you will lose a ball!

Last edited by spacebandit72 (2007-07-19 06:21:45)