Do i have to pay this student loan back to fannie

Do i have to pay this student loan back to fannie mae or consider a consolidation I do have a garnishment out of my payroll every pay period of 145.71-150.00

1 Answers

To Fannie Mae no.  To Sallie Mae yes.  And if you are being garnished, you cannot consolidate until you rehabilitate the loan.  That would mean making payments over and above your garnishment payments.  Talk to the collection agency handling the account.

How to Deal with Illegal Loans..OhioGal's Primer
http://www.debtconsolidationcare.com/paydayloan/dealingwith-illegallenders.html
PDL's are ILLEGAL in the following states...
AR, AZ, CT, GA, ME, MD, MA, NJ, NY, NC, PA, VT AND DC
OH AND NH have very restrictive low cost interest rate laws.

SOL for all states
http://www.debtconsolidationcare.com/statute-of-limitation.html

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