How to save $20,000 Fast

Years and years of battling with student loans has come to to an conclusion. I am no where near done paying them off but I finally was able to find a lender that would consolidate all of my loans into 1. I went into college completely naive to what it was actually going to take and the fact that I would be renting my education for a minimum of what I thought would be 25+ years.

I went to a private art school for a while and then transferred to a major university in Wisconsin. I switched my degree about 5 times before I settled on Kinesiology with a business minor. I had to take summer sessions and winter sessions to get out in 5 years. I ended up with the maximum number of credits you could have before they actually start to charge you double for your classes.

All of this means I walked out with $70,000+ in student loans. I took as much as the federal government would allow but also had about 12 different mini loans through other vendors. I worked for a not-for-profit so money was tight and I needed a payment plan that would allow me to still eat some food. I chose the escalating plan. This means that every 2 years the amount I would pay towards the loans would increase. In the past year my loans have been sold to other vendors and the interest rates have doubled, and the amount I am paying has changed bi-monthly. I have been paying about $700 a month in student loans. This is why I say I literally rent my education. (I also always make a joke of… I can’t wait to see my mental capacity when I have access to 100% of it).

I have investigated over the past 8 years the best way to consolidate this and get these paid off as soon as possible and finally I was able to find a lender that would consolidate ALL of them, including my federal loans into 1 payment.

(Before you ask, I am not eligible for the federal forgiveness because I was under the minimum requirement).

https://www.lendkey.com/

Lendkey has been so amazing! The company is easy to work through, the process was informative and they called me when I needed more documentation. When I couldn’t understand what I needed exactly I called and talked an employee that confirmed what I needed and we laughed about the entire process.

Example of some of the documentation required.

In 1 week I was able to submit all the documentation, get approved and now I will be student loan FREE in 5 years. instead of 18!!! I will be saving a minimum of $20,000 in the duration of those student loans. It would have taken 7 years to payoff the loan at my previous payment amount. I decided to increase the amount I am paying each month by 20% so I can be finished in 5 years. This will save me an additional $2500 in interest.

I wish I would have found this company sooner and in result I wanted to share. If I can help 1 person, writing and sharing is worthwhile.

Author & Referral: Raschel Biagioli 

Hairball on the street

I picked up my cat, Moo, from my mom’s house in Wisconsin on Monday. (Mom had been cat-sitting while i was traveling and being crazy busy for the past two months). This persistent, 7lbs, 13 year old cat demands that the temperature of the car is 72 degrees and she must sit in the driver’s lap. This makes for a furry and long car ride. Other than these two demands she is not too bad of a travel companion.

I was driving to the middle of IL to pick up some tables that one of my staff purchased. It was about 50 minutes out of my way and it would have been over 3 hours one way for her.

I am about to pull into the house of this woman that had the tables when all of a sudden Moo begins to make “the hairball sound”. Any cat parent knows this sound. I knew I had about 15 seconds to figure something out.

All of a sudden I begin to panic because I have nothing in arms reach for her to puke on besides myself and I was not fond of the idea of being covered in cat puke right before I meet the woman I am buying tables from or for the duration of my trip. I am in the middle of a country road, surrounded by corn fields and a few houses.

I stop my car in the middle of the street, whip open the door, swing my legs out the door and plant my feet on the ground while seated in the car. I place Moo in the middle of the street between my feet and let her puke. With 1 hand on either side of her I start giggling at the fact that now there is cat puke/hairball in the middle of this street. Some random dog is gonna have a weird snack later.

1 hairball later, I placed Moo back into my lap and we continued on our way to get the tables.