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Paying Student Loans In The US?

 
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dfields3



Joined: 14 Feb 2007
Posts: 29
Location: Atlanta

PostPosted: Tue Jun 17, 2008 6:03 pm    Post subject: Paying Student Loans In The US? Reply with quote

OK, I know that it is difficult to pay student loans in the US on a teacher's salary in Mexico but... If you had to pay them, how would you go about making payments? The loans are Federal Direct Student Loans and I have two of them (which means i'll be sending home $100 dollars a month). They have an online payment option but can you send money from a mexican bank account? If not, is there a cheap way to send money home from Mexico? Paypal had crossed my mind but i'm not sure of any fees apply to international transactions, as well as how I would get money uploaded onto paypal. Any info would be helpful and if you advise against any of my ideas let me know.
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thelmadatter



Joined: 31 Mar 2003
Posts: 1212
Location: in el Distrito Federal x fin!

PostPosted: Tue Jun 17, 2008 6:12 pm    Post subject: pay Reply with quote

I have a $50 a month payment, unfortunately all I can do is dump a bunch of money in my US account when my son comes to visit and bring back some travelors checks to the States. Then every month the payment comes out of that account.

In an emergency, I find you can send travellers checks via Fed EX (but put them in an envelope and tell them they are "documents" or they get p!ssy) for about 300 pesos. much better than the 6% they charge for wiring.
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notamiss



Joined: 20 Jun 2007
Posts: 908
Location: El 5o pino del la CDMX

PostPosted: Tue Jun 17, 2008 9:41 pm    Post subject: Reply with quote

Related thread (plenty of questions, few answers): http://forums.eslcafe.com/job/viewtopic.php?t=62885.
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