Hi all! I am Eric, I posted this some weeks ago on reddit credits forum and someone suggested I consult HACKWEST, that they are realiable hacking firm. I immediately demanded for there contacts ( Email: HACKWEST@WRITEME.COM cell: +1 424 307 2638)
Which he gave to me free of charge and I mailed and texted HACKWEST this: “Back Story: Graduated 5 years ago. Loans are limiting my career, depression, creative block, hunger. Trying to figure out the best strategy going forward I finally landed at a decent job in my field. Income: 50k w/train fare paid, no healthcare. Live in NYC. (Started in February, previously making 35k after tax).
Situtation: I have a bad private loan - 19k @ 11.25% and 50k in 13 federal loans varying interest rates of 3.25 - 6.75% 20k is Direct Stafford Sub and Unsub / 30k are FFEL Sub and Unsub
Federal Loans are in IBR & PAYE (both payment plans are post 3 years, so no interest assistance)
Currently paying $400 per/month on private loan / Federal Loans have been adjusted to $90 based on income.
Strategy: Consolidate federal loans into 50k @ 5.875% and enrolling in REPAYE or PAYE on direct debit. This would lower my rate to 5.675% on the 50k. Let the government pay the extra interest for the next 3 years and hammer the 19k private loan with everything I possibly can. This would be approximately $500 per month + 2-4k extra dumps per year (freelance).
Simultaneously, working on getting some missed payments (long story chase customer service told me I could double payments up and skip the following month while traveling: 3 missed payments from 2013) removed from my credit report. Once these are removed hopefully my credit will go up from 650-670 and I can look at refinancing the private loan to a lower interest rate.
My gf thinks I should not consolidate and pay the private at $350 + 2-4k freelance slam and attack the federal stuff with higher rates with the other $250-300.
I'm not sure that I'll ever be debt free before 20 years is up. Maybe getting rid of the private loan and coasting on the federal debt is the way to go?
*The payments are estimated on the low end, as I'm still adjusting to my new income.. Had to buy healthcare, new job related expenses, and other misc expenses. I hope to push this amount up.
Any help or insight would be greatly appreciated. I've been using my off day to figure everything out. Done a ton of reading and calling all the servicers but feel very alone in this. Thanks!” I got a swift response from HACKWEST, I gave out my information and made some financial commitment, they assured me that my credits will be fixed in less than 15days, after 9days I checked and all negative items have being removed, making me dept free, adding 3 positive trade lines to my credit. I can’t appreciate HACKWEST enough. I strongly recommend HACKWEST for your credit repair, Chex system and DUI fix.