| CURRENT STATISTICS (As of January 1, 2006) |
| Here are my current student loan balances: CITIBANK CitiAssist Loan $ 55,380.00 US DEPT. OF EDUCATION Consolidated Loan $ 69,135.00 I am only raising funds the principle of my loans, not the interest. |
| Welcome! |
| Thank you for visiting My Loan Fund. I am raising money to help pay for my student loans, no more no less. To make a safe donation, click on the PayPal icon to the right. |
| Help Me Pay for My Student Loan! I am stupid. Well, I was stupid is perhaps more accurate... As if getting into $20,000 of debt so that I could pay for my Undergraduate education wasn't enough, I also decided to go to a private graduate school, full time, and sextuple that debt. Obviously, all the finest higher education in the world didn't teach me much about good, old fashioned common sense!. Today, I am close to $125,000 in student loan debt, and even though I have a decent job and good credit, I cannot financially afford to build up my life (buy a house, get married, have a family, start saving etc) because of this tremendous burden. I am asking for donations to help pay for this student loan debt, in any amount you feel appropriate. Click on the PayPal icon to the left to make a secure donation transaction. Thank you!!!!! P.S. This site will be updated with payment and balance status of my loans on a monthly basis. |
 |
| 1. Do you have a job? Yes, I am an export manager in a multinational company. I also have a temporary Part Time job. 2. How will you use the money you are raising? All the money I raise through this site will be used to pay for the two loans you see on the left, beginning with the Citibank Loan. I will make monthly payments using whatever balance has accumulated on the "My Loan Fund" PayPal account. 3. Have your parents helped you? Being a first generation imigrant family to the USA, the main reason I borrowed the money was because my parents could not afford to send me to school at all. But they have slowly helped me so far with approximately $7,000 of the loans, which equal my first year of undergraduate tuition and books. 3. Why did you borrow and not save? Undergraduate: My part time job was not enough to allow me much of a life-style, much less savings. I did not want to forego my education while waiting to save enough money for school. Graduate: I have no excuses for this one except to say that I was stupid, impatient and arrogant in thinking that the debt would not be a serious issue... one of the worst mistakes I ever made. 4. Do you have any other debt? Approximately $6,000 in credit card debt, which I am designated to pay off by June of 2006. 5. Do you have any savings? I recently began investing 4% of my salary into a Retirement Savings Account, but I have no other savings, assets or equity. |
| RESOURCES I'm using: |
| MY LOAN FUND FAQ: (Frequently Asked Questions) |
| WORST ADVICE that I ever received: |
 |
|
|
| MY LOAN FUND |
| DONATE HERE!! Use PayPal to make a secure donation to My Loan Fund.. |
| HAVE MORE QUESTIONS? E-Mail them to: [email protected] |
| FUNDS RAISED Since January 1, 2006: |
| Don't worry... it's just like you'll have an education instead of a house! Don't worry... you will make so much money when you graduate! Don't worry... lots of people get loans for school! |
| Contact Me! myloanfund@ yahoo.com |
|
| US $ 235.00 |
