Hello everyone, I am quite delinquent on a private student loan that I currently have and have not made a payment in several months. The loan company named MOHELA recently sent me a letter saying that I could make them an offer to pay the loan off at a reduced price. I recently got tax money back for the first time in about eight years and I’m thinking about using that money to try and pay the loan off. I did not receive enough money to pay the full amount, but about half of it. Does anyone have any experience or advice making an offer to a private loan agency to pay the loan off at a reduced percentage?
Thank you much appreciated .
Posted by One_Eyed_Louie