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Reply to "I owe $125,000 in private student loans to one institution. How to get them to settle?"
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[quote=Anonymous]I second the advice to get in touch with the CFPB. Call Consumer Response and see if they can help you resolve this with the lender. If not, see if they can recommend a reputable debt counselor (a nonprofit community based one - not the companies that take your money and leave you in a bigger mess than you started). Your lender believes you have the money. If you really don't, then the lender will negotiate. I am sorry for your difficult situation and I am sorry for all these people judging you. People claiming the moral high ground here should step off and find a heart. This woman is just looking to for a less crushing solution to her own debt crisis.[/quote]
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