Wednesday, May 18, 2011
Okay, I officially dislike 'systems', corporate systems are the worst. That "$250,000.00 diagnosis post I wrote - where-in my parents-plus loan could be "forgiven" Hah!! There is a loop-hole. Seems that any loans secured after 1993 don't qualify!! What? What does "when" have to do with "why"?? I am on Social Security Disability and I cannot work. Duh!! I do meet criteria for "unable to work" which has a different process after 1993. Every six months I fill out the "I cannot work" form and I can do this for thirty six months = six times. Then I qualify for financial hardship which will defer the loan for another 25 months. Perhaps it is me but if one cannot work the obvious outcome is a financial hardship. Can you even believe this rhetoric??!! SO for the next six years I can defer the loans as outlined above.After that I have NO idea. I am not at all happy with this plan. I am going to contact an attorney because I find it very odd that I was told to submit VERY personal health information signed by two physicians which I was told would then qualify me for 'loan-relief'. Clearly, when I was told of this option it was known that my loans were secured after 1993 and therefore the conditions stated above applied. So why then would 'they direct me to submit the "personal health information" necessary to be relieved from the loan full well knowing I didn't have a chance in hell because my loans were secured after 1993. . Mind - boggling! I swear I am going to 'stand my ground' AND "I Wont Back Down"
Posted by Gail at 11:48 AM