Perhaps you’re experiencing a bit relieved right now as the the fact is that many individuals won’t be held accountable because of their student loan that is spouse’s debt.
But that doesn’t suggest you’re from the hook as of this time.
Just because you’re maybe not lawfully accountable for your spouse’s education loan financial obligation does not suggest you still won’t feel it where it counts — your money.
When your partner has got to produce a $600 month-to-month education loan re re payment, that’s $600 less you need to get toward your own personal provided home. That’s $600 less per month for a residence advance payment, $600 less each month to get toward your kid’s college fund, $600 less each month to get toward your retirement, etc. Continue reading “Your Spouse’s Education Loan Debt Will Nevertheless Impact You”