5 ways to get someone to pay off your loans
I’ve noticed some people coming to our site wanting advice on how to get other people to pay off their loans for them. I thought this would be a helpful topic for most people so I’ve put together a list of possible ways that you may be able to achieve this.
1) Start a website
I found an article about a guy who is selling ad space to pay off his student loans. If someone pays him $200 (the amount of his montly student loan payment) they will get exclusive advertisement on his website for a month. This is enough to make his loan payment every month with other peoples money. The funny thing is that it’s actually working for him. Check his site out at sponsormyloans.com
2) Debt Consolidation
Consolidating your debt is not actually getting someone else to pay off your loans but it can be almost as good. If you use a free credit repair service and consolidate your loans you might be amazed at how much lower your payments are. Sometimes if your loan has gone into collections, either you or your credit counselor can actually talk your lender into lowering the amount that you owe them to something that is more manageable for you.
3) Sugar Daddy / Momma
Find yourself a man or woman who has a lot of money and wants to give it to you in return for your love and affection. You may have to lower your standards a little and date someone who is twice your age but at least your loans will be paid off.
4) Marry Rich
This one is very similar to number 3. If you find that sugar daddy/momma and they want to marry you…congratulations! You have hit the jackpot; you will never have to worry about paying off loans again! Just make sure you know how to change a diaper.
5) Claim Bankruptcy
This obviously should be your very last resort. I had a boyfriend once who had claimed bankruptcy simply because he didn’t feel like paying his loans back. This is not only wrong; it’s a very bad idea. It will be on your record for the rest of your life, and because of his filing for bankruptcy, my ex couldn’t even think of buying a house or getting a loan for a car because the bank could not trust him to pay it back. The funny thing is that he ended up taking off with a lot of my money when we broke up….I should have seen it coming.
Some people have no other choice but to file for bankruptcy and it is a quick way to get rid of your loans although you will likely loose everything you have that’s of any value.
If you have any other creative ideas on how to get someone else to pay off your loan, send me an email and I’ll post it on the site along with a link back to your site.
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Pingback by credit repair » Blog Archive » 5 ways to get someone to pay off your loans — March 28, 2008 @ 11:02 am
Numbers three and four gave me a good laugh!
Loved reading your post! : ]
Comment by Jenna — March 28, 2008 @ 11:24 am
lol, number 5 is the worst. i’m thinking bout number 4, just wonder do rich people want to marry me? haha
Comment by erp — March 30, 2008 @ 7:15 am
Nice info.
Check your link for sponsormyloans.com, there seems to be an extra t in the http.
Comment by raymondm — March 30, 2008 @ 11:17 am
#3 and #4 are probably the best options if you can get them done! Nothings better than taking the easy way …. that’s why bankruptcy is so important.
The website is a great idea - it’s probably a lot of work but it’s a good idea.
Comment by Jayson — March 31, 2008 @ 8:11 pm
These are some cute ideas. One other suggestion, if you’re going to put in the work of a website, why not make it part of a business. That way it will keep on making you money and you won’t need to depend on someone else. Just my thoughts.
Comment by nancy — April 3, 2008 @ 8:10 pm
Great ideas! I love idea number 1. I am really amazed at how some people can come up with such simple ideas, that actually work!
That is really thinking outside the box, and probably that guy will end up becoming quite rich for being willing to try something different.
Comment by Emilee Monaghan — April 5, 2008 @ 11:54 pm
ha ha ha ha ha haaaa thats are great idea for getting off the loan, man you are so funny.
Comment by Kredit — April 11, 2008 @ 6:44 am
I don’t know about the ’sugar daddy’ method, I would have thought that you can’t go finding people like that, they actually have to be your relatives!
Comment by Forex Profiting — April 13, 2008 @ 1:50 pm
Good stuff, especially the marry rich part. But remember what they say, If you marry for money one day you will pay.
Comment by Paul — April 14, 2008 @ 10:20 pm
wow are you sure by these idea some one can get loan then I will do the number 4 tips thats so funny to me. In number 4 tips it will be much better if there one daughter family if there no any one else then that much more better.
Comment by Auslandsimmobilien — April 16, 2008 @ 3:30 am
Maybe you could do a survey to see how many people actually live this way. There’s probably more than you think!
Comment by Nancy - Internet Business — April 24, 2008 @ 3:30 pm
Hmm… those are really good advice. I think most of the ppl are aware of the points but they don’t do it in the right way.
Comment by landlords insurance — April 26, 2008 @ 3:33 am
Funny points, but I don’t think number 3 or 4 ever really work. Forex Profiting said it right! If you are in debt and lucky enough to score a rich sugar daddy/momma, chances are they won’t want to pay your debt or they’ll pay for everything and you’ll both be in debt.
Comment by Monavie — May 28, 2008 @ 3:32 pm
I call it the five funniest ways to pay off your loans. No offense but this is really funny as one could take time, put something like this on the blog and bring smile on the peoples faces.
Comment by Kristian Liebrand — June 3, 2008 @ 3:16 pm