I need help consolidating my student loans

I looked into becoming a dominatrix at foot fetish parties.

I tried out for the game show “Who Wants to be a Millionaire.” I finally found a full-time 9-to-5 job with benefits, although the salary was just about what I made waiting tables.

If you would like to add other eligible loans, your servicer must receive your Request to Add Loans Form within 180 days from the date your Direct Consolidation Loan is completed (originated).

If you choose Nelnet to originate and service your Direct Consolidation Loan, you may request to add other eligible loans to it by completing the Request to Add Loans Form and send it to Nelnet via email Direct Loan [email protected], or mail to: Nelnet P.

Consolidation allows you to: As with other federal student loans, you may prepay a consolidation loan without penalty and may change repayment plans if you find that the current plan no longer meets your needs.

Although consolidation can help many students manage their monthly payments, there are some cases when consolidation may not be right for you.

No more instant ramen dinners, Forever 21 jeans and boxed hair dye for me. I used my newfound wealth to go on a long-deferred vacation, to buy a new mattress, to try that amazing restaurant I couldn’t afford to visit before.

After all, I’d been ignoring my loans for so long and there hadn’t been any negative consequences so far. Sometimes, I started to feel panicked about my loan situation.

Plus, the new interest rate is based on weighted average of the underlying loans, rounded to the nearest higher 1/8th of one percent. If you simply need a smaller payment or if you're experiencing a temporary financial hardship, you may want to consider changing your repayment plan before considering consolidation.And still, I ignored my student loans, living as thought I was completely debt-free. But by then, five years into default, it seemed too late to remedy the situation. When the government garnishes your wages to repay your student loan debt, they are allowed to take 15 percent of your post-tax salary — or 25 percent if you owe student loans to two different creditors — and send it to the collection agency.The money first goes to pay collection costs and fees, and then when that has been paid off, towards the principal balance and interest.My income came entirely from the tips I made waiting tables.It was barely enough to cover all of my expenses and instead of setting up a repayment schedule or requesting a financial hardship forbearance, I decided I would much rather just stop thinking about my loans. I won’t buy things I can’t afford to pay for entirely up front. I have no personal or consumer debt, so it was easy to ignore my one and only source of debt.Please be aware that there is no application fee to consolidate your federal student loans into a Direct Consolidation Loan. Department of Education or their consolidation loan servicers.You may be contacted by private companies that offer to help you apply for a Direct Consolidation Loan, for a fee. Loan consolidation can offer benefits which may help you manage your federal student loan debt.I knew that the minute I earned more money, I’d start making the monthly payments again, so what was the point in dealing with all that bureaucracy? My creditors would send bills each month, and I would throw the envelopes away without opening them.Not paying my loans didn’t seem to have any effect on my life at that exact moment. I worried that the collection agents would berate me for being so irresponsible.Before you consolidate, consider the following pros and cons: Note: Just remember, you must continue making payments after submitting your application until you receive notice from your servicer that underlying loans have been paid off.You have the option to select the servicer of your choice (of which, Nelnet is an option) After your new Direct Consolidation Loan is complete, you may still add more eligible loans to your existing consolidation.

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