Are you really scrimping like you should be?

Dear Dave,

I can’t afford my student loan payments. Is the best approach to send them what I can afford, even if it’s not the minimum payment, or not send anything at all until I’m in a better financial position?

Sydney

Dear Sydney,

Here’s the deal. Those guys aren’t going to stop calling and bugging you, no matter which of those options you choose. But then, you probably already know that. The benefit, however, of sending them $20 or $25 – if the minimum payment is $50 ...