Date: Wed, 11/07/2012 - 14:53
you need to get the settlement offer in writing... have they offered/have you offered a number yet?
I have a very old and troublesome student loan. West has purchased my debt.
Student loans are not sold to collection agencies...they are assigned by the guarantor
I now have the means to offer them one lump sum and hopefully negotiate a reasonable settlement.
Is this a federal or private loan??
Should I try this myself or should I seek a professional negotiator? How can I be sure that if I pay them a lump sum that they arent just pocketing the money and not actually retiring the debt once and for all?
That would be a waste of time. Need to know what type of loan and how much you owe.