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Can I Offer A Settlement For A Defaulted Student Loan?

Student Loans / Lynnette Khalfani-Cox, The Money Coach / Debt Settlement, garnishments, loan rehabilitation, negotiating

Q: I am at month 11 of a student loan rehabilitation program for a defaulted loan of about $80,000. I have made 10 on time monthly payments of $550. My parents will help me offer a lump sum payment to settle this debt. I am looking at offering $30,000 to $40,000. The collection agency wants […]

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garnishments

Can I Offer A Settlement For A Defaulted Student Loan?

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