- 7 years ago
- Wedding: March 2012
Do any of you ever feel like life just gets to be too much?
I finished school with my Bachelor’s degree in September and thought that with being engaged, planning a wedding, and getting a full time job right out of school I’d be really happy with all the changes and exciting things happening. Well, turns out to be the opposite. I’m completely stressed out and I’m not entirely sure what to do. I’m hoping someone might have been in a similar situation at some point and has advice..
I posted here a couple weeks ago about my student loan situation. Since then, I switched my federal loans to the graduated option, which lowered my payment by about $100/mo for the next 2 years. At this point I was optimistic. I figured I’d do that, consolidate my private loans, and things would be okay.
Well, I applied a couple nights ago to consolidate through Wells Fargo and they said I needed a cosigner. Problem is, my mom doesn’t have great credit and my dad is currently unemployed. I applied with my mom as a cosigner and got denied. I have no one else that is willing to cosign, so I’m stuck with my current payments. I’m looking at about $500/month total payments, which wouldn’t be terrible if I had a better paying job. I take home less than $1500/mo at my full time job. With loans, a car payment, insurance, and gas each month that leaves me with very little money left over.
FI and I currently live with our parents and are hoping to move out in the next 6 months. If I stay at my current job and have to pay $500/mo in loans, there is no way that is possible. I just really don’t know what to do. I interviewed for a job on Monday, and that’s looking promising (I don’t want to get my hopes up, but I have another interview Tuesday). If that falls through I’m not sure what will happen.
I’m not entirely sure what I’m looking for as responses to this.. I guess I just needed to vent because I don’t really have anyone else to talk to about these things. If I vent to my mom she gets upset because she feels bad that she can’t cosign, and if I vent to my FI he just says “things will be okay.” Not so helpful.
Sorry this turned out to be so long. Thanks for taking the time to read through it. Any advice would be appreciated, and please keep your fingers crossed that I get the job!