School Loan Debt preventing purchase of a home
Organized by: Cynthia Car
I went to get a loan to purchase my first home. I was informed there was to much school loan debt on credit report preventing me from obtaining a loan. The banker said if you had a big down payment they would consider trying to help me out. . I'm currently in a payment plan to pay back these private loans which will take about 20 years. I will never get a home at this rate I will have to stay with my parents for 20 more years. Both my parents are disabled and can't afford to help me out.