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re: How f***ed am I?

Posted on 3/8/17 at 10:19 am to
Posted by AUtigerNOLA
New Orleans, LA
Member since Apr 2011
17110 posts
Posted on 3/8/17 at 10:19 am to
Curious how you were able to pay for tuition and other expenses if you lost the scholarship last semester without a loan. Was the scholarship still in effect until after you graudated? Its actually a good thing you didn't have the loan and not pay, you would have accrued a ton of interest.
Posted by GFunk
Denham Springs
Member since Feb 2011
14967 posts
Posted on 3/8/17 at 10:25 am to
Why not just go take out a small loan through your bank and pay it off all at once and just pay the loan through your bank/lender so you can begin to improve your credit while at the same time build it with a reliably paid trade-line?

I wouldn't pay that thing monthly through the collection agency at all. In fact I'd be willing to pay a bit of an elevated interest rate in order to pay the collection off immediately as long as it was replaced by a brick-and-mortar bank (NOT a finance company; STAY AWAY FROM THEM).
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