Legal Question in Consumer Law in Texas

private student loan

I got a private student loan and the school I got it for closed down so I never finished but I still have to pay for the student loan. How can I get out of paying for the loan or what can I do?


Asked on 7/06/07, 2:02 pm

2 Answers from Attorneys
Peter Bradie Bradie, Bradie & Bradie

Re: private student loan

Sorry, but you're locked into that student loan. Unless you could prove a close relationship between the school and the lender where there was a conspiracy to entrap people into loans and then shut down the school.

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Answered on 7/06/07, 2:36 pm
Johm Smith tom's

Re: private student loan

Mr. Bradie is correct. You are stuck. Find out if any other schools will credit you for part of the tuition.

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Answered on 7/06/07, 7:56 pm


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