Not about credit but about a student loan

Mar 072010
 

My daughter, who is 27, has just completed her pre-requisites for nursing school.  Unfortunately, the school she is going to changed hands, and changed names, so they are not eligible for federal student loans for 3 years.  The cost is $20k and I don’t want to co-sign for her.  I just got past the car loan that she defaulted on that was on my credit for 7 years and I am not doing it again.

 

She will put up $10k if I can do $10k too for a secured loan in her name.  She went to Wells Fargo and they will do a secured loan at 8% and the $20k will be locked into a 5-year CD at 1.9%.  WF has just about the lowest CD rates in the nation, that is a horrible rate.

 

Is there any other option out there?

 

Comcast Collection, Can I DV within SOL?

Mar 062010
 

I am trying to help my gf to rebuild her credit. She has a Comcact bill ($78.00) that went to collection – Credit Protection Association, that she never knew of. 

DOLA is Oct 2008 and I am pretty sure it is still within SOL, since California is 4 years if I am correct. Is it still recommended not to DV and PFD? Do we have any other option?

 

 

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