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    chochocho's Avatar
    chochocho Posts: 60, Reputation: 1
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    #1

    Nov 30, 2006, 07:02 PM
    Going Crazy For College Defaulted Loan
    Hi,
    I'm a student who has a defaulted state college loan(perkins loan) from my last college I attended and the effect of these is that:
    ** My last college/university won't release my college transcripts to continue my college eduction to a new college

    **The federal student aid has refused to award me any more financial aid until I've paid off the school loan from my former school (ie I have a C-flag on my account)

    **The issue is now in the hands of a collection agency here in the USA which I currently make monthly payments, but they've refused to help me to the remove the C-flag on my fed student aid account until the whole money loan amount gets paid off ( which is about $8g.) in order to continue my schooling.

    ** To get a personal loan to solve this problem, I just need a co-signer now which is hard for met find right now.

    I'd be most glad to advice on how to get about this problem because I'm going crazy to finish college soon before I get old.

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