Last October, when I dropped below half-time (<6 credits) in school, the loan company immediately needed me to repay my student loan. How dumb is that? At least let me finish school, earn a decent wage before making me repay the loans.

Anyway, I have a total of 4 loans for 3 years and the interest rates on them varied. I didn’t want to consolidate them all to become one. No, that would be a horrible thing to do because then, my interest rate would be based on the current rate (6.85%) instead of the rates of when it was borrowed (<5%). So, in one breath, mom decided to loan me $3,500 to help me pay off the loan with the highest interest rate. In turn, I was to pay her back by handing her every single one of my tiny paychecks from working at the school.

So I have, since the beginning of November, I’ve been paycheck-less, well, not really. I still have the tiny monthly paycheck coming from my now former boss. Anyway, after school got out, I no longer have a paycheck and I still owed her $1,000 or so.

A month ago, we made arrangements that I’d be giving her one more paycheck coming from the small translation company. Yesterday, she went to pick up the paychecks for the both of us. I have no idea just how the company paid us and I can’t remember what I’ve written some two months ago. You see, our paychecks officially got delayed by two months since the CEO took the checkbook with him last month to Rio to watch the World Cup. What a stupid move! But still, an arrangement is an arrangement. I handed her the $1,000 from my paycheck. Now I no longer owe anyone any money! 🙂

Well except the loan company but that’s okay, they won’t make me give them my paychecks and they are pausing my payments since I’m going back to school!

Thanks for listening and have a wonderful day! 🙂