Fly girl asked:


I am at the final stage of paying off credit card balances. Just one more month, yippee!!!! I’ve also already paid off my car loan 7 months before the maturation date. Anyway, I still have close to $50,000 in student loan debts- federal and private. But that’s it. I have never had any major credit problems. Will all this student loan debt have a negative impact on my credit score and rating?
I always make the payments on time every month.

Leslie

Lost asked:


I’m out in the working world now, and eager to get the monkey off my back that is $50,000 in student debt. I’ve heard lots about not paying off too early due to penalties, investing, loan relief and the like, but I have no idea how to go about it. I have a Canadian degree with an Ontario-Canada integrated student loan (OSAP) as well as a line of credit.

Any advice is GREATLY appreciated.

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amanda c asked:


I have a lot of student loan debt, and a little credit card debt, mixed with some personal/medical-I’ve heard that legal help is best, but I’m only familiar with debt consolidation, which I now understand isn’t always best and is actually in for profit more than helping. As a family in crisis, does anyone have any good advise?

Rita