In addition to discussing my student loans in collection we also looked at other aspects of my finances.  The advise that I was given can be summed up as follows:

Keep A Budget: I try to keep a budget running in an Excel spreadsheet.  I keep track of all income and categorize expenses / savings.  At [...]

As stated in a post earlier in the week, I met with a credit counselor on Wednesday evening.  I did not use a consumer credit counseling service but rather an individual that provides financial consulting catered to my needs.  I plan to write more about the entire conversation but wanted to post some ideas he [...]

Over the course of the past three years I have been slowly digging my way out of the student loan debt that I have accumulated. As of today I am down to having the final three big creditors to pay off, two of which are in good standing and the last is in collection. I have been unable to work out a rehabilitation agreement with the collection agency.

In addition to having a set of student loans in collections I also had several lenders holding my student loans in default. In order to start cleaning up the defaulted loans I contacted the lending institutions to work out payment plans. I discovered that several federal and state lenders offered rehabilitation programs. By making on [...]

My struggle to get my finances back in line began with a scary phone call from a debt collector. I was verbally attacked and bullied by the agent (I was not aware of it at the time but he was clearly in violation of the Fair Debt Collection Practices Act) and he ended the conversation [...]