You're working full time but still can't afford to pay off your student loan debt.
Does this sound like you?David Canters has a Canadian Student Loan from when he was in college several years ago. He hasn't had a decent paying job since being out of school, and he now has two small children to provide for. He cannot come up with the needed money to pay back the loan. What should he do?
What can you do?
The cost of post secondary education has dramatically increased in the past few years, and due to this many Canadians are being left with substantial student loan debt. You could try contacting the lender of the loan to see if you can work out a repayment schedule. This would allow you to pay very small amounts each month. If the lender will not go for this idea you may have to file a consumer proposal or even bankruptcy. For more information on your options, click here.
posted by Questions @ 10:25 AM
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