What is the quickest way to get rid of student loan debt?
I am paying a lot of credit card debt and now have my student loans in deferment status. But the large monthly payments will start later this year. In addition to treating to "let the radar screen" or looking for a much better paying job that quickly burns me, I have curious if anyone has any clue about this issue PS.: Thanks! Not recommended by the bankruptcy student loan debt is exempt from that.
OK so first of all, always mind that federal student loans are not bankrupt. So if you ever think of declaring bankruptcy you still have to pay for them. To address this debt first have to write a budget and pay for consumer debt in a "snowball method", which you transfer the payment to the next step and add the minimum payment and that will add to the point where it will be a lot of the money to be applied to student loans. But we must be very diligent in getting this worthwhile. Otherwise, it will take forever.
Get Out Of Debt Free Pt.3.
