Monday, October 26, 2009

I have a 100.000 student loan with salliemae. can i make them an offer of 50.000 to pay this loan of

my loan consists of 40.000 in interest on 100.000 stident loan will 50.000 be able to settle this debt in cash.



I have a 100.000 student loan with salliemae. can i make them an offer of 50.000 to pay this loan off. 50.000?

You can always make an offer! I'm assuming it was a federal guaranteed student loan.



However, I do not expect Sallie Mae to accept less than the principal balance of $60,000. Student loans are VERY difficult to discharge in bankruptcy, so they have nothing to lose by telling you no. Social Security benefits can be reduced by student loan debt. Tax refunds can be seized. You can't



I have a 100.000 student loan with salliemae. can i make them an offer of 50.000 to pay this loan off. 50.000?

So that others can pay higher interest to make up for your underpayment? Hardly seems fair.



I have a 100.000 student loan with salliemae. can i make them an offer of 50.000 to pay this loan off. 50.000?

Sure, you can make them any offer u feel like. Take a stab at it %26amp; see what happens



I have a 100.000 student loan with salliemae. can i make them an offer of 50.000 to pay this loan off. 50.000?

extremely and highly doubtful



I have a 100.000 student loan with salliemae. can i make them an offer of 50.000 to pay this loan off. 50.000?

I recently did this with some other creditors... but they were unsecured loans. I don't think student loans fall under unsecured. You can always try.

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