SLRO

So what happens when the loan is a defaulted private education loan. You can't go to DOE becasue they only deal with federal student loans.

What do you mean what happens? There is still a guarantor of sorts on privates and they will persue you the same as federals. Difference is, is that privates will sue.

Hey Mr. Tony Rahil,
1.) It's only slander if their "story" is untrue with the intent to harm your reputation.
2.) On 02/23/2010 your companies alleged good name BBB Accreditation was revoked, with
D rating.
3.) Threatening legal action in an online post that someone who posts their opinion OR experience with you and or your company in an open forum may land them in court is not only immature but totally unprofessional.

SLRO is a Joke!!!!!!! My friend applied to use their service. He was told he had to pay a service agreement retention fee. I believe it was about $800. He told them he couldn't pay all of it at that time. He said he would write them a check for $400 and then the other $400 in a month. They told him they couldn't do anything until they got the whole amount. He sent them a check for $400. He then spoke with the loan people and they came up with a plan that he could afford. He never sent SLRO any more money and never used their service. SLRO never contacted him again. Now, after almost two years, they are saying that he owes them $800. They sent it to a collection agency. They are now threatening him with litigation. Why does he have to pay them anything if he never used their service? Sounds like total bull to me!!!!!!

He signed an agreement which is a contract. Did he ever read it?