Student Loan Debt

[-$107,000] The First Payment

Posted on by Double Debt Single Woman

matches- the first payment w

Kill it with fire!

My student loan refinance has gone through and the balance on my previous student loan servicer’s account is now $0.00!  I’ve logged in at least 4 times since that wonderful event, just to look at the zeros. Somehow I bet that it is normal to do that. 🙂

I was worried that I would end up with my own crazy-making servicer payoff story when trying to get them out of my life forever. Unsurprisingly, they were super slow in processing the payoff check, probably to rack up the last bit of interest, but they didn’t try any other tricks. Goodbye old servicer!  *Waves goodbye*

Now that my student loan debt is situated in its new (servicer) abode, it’s time to burn said abode to the ground!

To adapt the Read More

[-$110,643.22] Why I Refinanced My Student Loans

Posted on by Double Debt Single Woman

woman balloon why i refinanced final

Yes, I decided to refinance my student loans.  Wait! Put down your pitchforks and hear me out!

  • Have I lost my mind?   Maybe…
  • What was I thinking?!   Well…  It seemed like a good idea at the time…

A Second Look at Student Loan Refinancing

You guys are great!  I appreciate your supportive comments and suggestions. Thanks to blonderbetterfasterstronger and reader Angie, for reminding me that refinancing may be an option for me after all. I’d read a number of complaints and stories online about applicants getting rejected left and right by these newer loan start-ups. I assumed that because of my high debt to income ratio, I would be unlikely to get the opportunity to refinance my student loan debt any time soon.

I decided to take a second look around to see if I qualified for anything. I requested rates from a few lenders that appear to have the best reputations in the marketplace for student loan refinancing. I was pleasantly surprised that I wasn’t outright rejected by any of them. I took a look at what they had to offer and decided to accept one.

That long list of loans that we’ve all come to know and hate since my last post will be going away soon. Read More

[-$112,258] And So It Begins… The Epic Saga of DDSW vs. the Student Loan Debt Leviathan

Posted on by Double Debt Single Woman

i_saw_a_sea_monster_by_erenarik deviant art
 image credit: i saw a sea monster by ereniak (deviant art)

And so it begins…

This is the post I’ve been waiting years to write. Well, I made it. I’m finally here. My student loan debt has stalked me from a distance for seemingly an eternity…until now.

Like many battle weary debt warriors before me, I’ve fought and clawed my way past the understudies:

  • $700 unexpected dental bill? Karate chop! No sweat.
  • $10,000+ in medical expenses? Bam bam! Pummeled into oblivion.
  • $30,000+ in credit card debt? Ha! I carved my name on its coffin.

Now, I step forward to face the giant, the master. The task before me is Read More