How Do I Negotiate Down a Student Loan?

How Do I Negotiate Down a Student Loan?

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[IkesLionsDen]

19k in fees??? These companies are evil!

[heathmcconnell]

"No one has ever been murdered over settling a loan."

That's true, unless the Mafia is one of your creditors...

[danbuchner]

She is VERY lucky this is a private loan and not a student loan, which must be paid in full with interest and is not negotiable and not bankruptable.

[StephanieBogart]

Ugh I wish we could get rid of Sallie Mae aka Navient. Or negotiate at least

[kcat]

Got my hopes up. Thought I would be able to negotiate with Sallie Mae.

[coolcutsgal]

I'd be interested to hear how things went with this Lady.

[CoryEst]

Dave Ramsey: No one has ever died while trying to settle a loan
Me: Uh, I don't know about that Dave😞

[themetadaemon]

This would all end if student loans were limited based on the expected income of the average graduate.

[JP-nxir]

Caller: I'm really excited and nervous
Dave: ...

[meggrotte]

You know, I grew up in the inner city.I didn't want to take out any loans, but I had to.
I just found the only way I could pay it back.The last twenty years was to teach english overseas
I came back. Take care of a few things.And hopefully, I'll be going back in august to finish pay rest off in 30 months

[GoogleAccount]

QUESTION: My brother took out 3 small student loans, he ended up going into default on those loans. Sallie Mae recently thrown those debts onto his credit report as 3 separate debts, as a result effecting his credit and credit score. He called to pay the debts one by one, but Sallie Mae is telling him that he HAS to pay those 3 separate loans as ONE lump sum totaling close to $13, 000. Is that lawful or is it against the law for them to do that? Any help would be great!

[lavendarj]

Wow.. Dave at his best.. he was so good with her!!

[phatwcinfrcr]

Umm, I negotiated a student loan with navient for 17 cents on the dollar..

[martinezbiz]

Why people so mad about their loans when they are soley responsibile for getting them. No one forced you to BORROW MONEY to go to school

[cammy]

"Being rejected is how you get to be accepted." Drops mike

[dixieforever]

Wish you could do that with government loans

[brent]

This is how you negotiate everything. I love messing with car salesmen like this

[kashfortheking]

I like how he used her singing career to explain all this. Very smart!

[JohnDoe-nkdd]

I've been paying $200 extra a month to Sallie Mae and my statements are not reflecting a $200 a month reduction in principal. When I call I always talk to a conglomerate of people that seem to not have a clue of what they are doing or talking about half the time. I am paying and even paying extra but they are being very shady and unreliable.

[randy]

Collectors inflate the fees as part of negotiation. You will also need a reason how you got $4k and why you can't pay the balance.