have one $9,000 loan with salle mae causing me a headache, try and find a way to settle or what?
Date: Tue, 09/25/2012 11:17
I have 40,000 dollars in student loans which isnt to bad, i have one 9,000 private smart option student loan i took out with sallie mae before i gradauted. I make 700 dollars a month roughly and salle mae wants me to pay the 204.00 dollars a month for this one loan. With all my other REASONABLE loan payments and bills i have been paying them at least 50 dollars a month to show that i am trying. Well that isnt good enough for them apparently and i will be going into defualt with them soon which will lead me to go into a CA agency. I am wondering if i call to speak to the debt recovery department if they will offer me any options like settling for less than the amoung owed. i cannot get a personal loan for the 9,000 i took out the payments would still be the same so i am wondering if i have a chance of getting a settlement offer for less. Any tips or suggestions on what i should do?
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