In 2008 I graduated and became responsible for an
In 2008 I graduated and became responsible for an out of state student private loan with sallie mae for $50,000 with an extremely high interest rate. I was able to pay at first but not for long and eventually it went into collections with a company called Allied Interstate. I've been able to make my payment on time for the past year and today they offered to settle my $50,000 debt for only $21,000. Only problem is I've just started to re-build my credit so I'm not sure where I can get that kind of money even with a co-signer...any advice?
Thank you in advance.