I have a Sallie Mae Signature Student Loan that has defaulted. I am trying to rectify the situation, but would like to speak to someone about my options for solving the issue. Who can I contact to help me fix this problem? The only information I have right now is the original balance (from approximately 10 years ago), the name of the guarantor, and the name of who is handling the loan now; it is a different company than the guarantor. I am hesitant to contact the company handling it without consulting someone that knows how to handle a situation like this. Any help?
Who can help me negotiate a reduced settlement for a defaulted private loan?
What you are doing is admirable indeed . They probably have long since written the thing off as a bad debt. Coming back after this period of time, you should be able to negotiate some sort of terms that you can live with.... Other than facing the music that is coming to you, your only other choice is to keep silent and dont bring up the written off debt issue at all...
Who can help me negotiate a reduced settlement for a defaulted private loan?
Try going back to the original company
Who can help me negotiate a reduced settlement for a defaulted private loan?
unfortunatly the student loans are the ones you do not want to default on. you should contact them immediatly and tell them what happened, that can screw your credit rating for years
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