Is it possible to get Mohela to negotiate a payoff

Is it possible to get Mohela to negotiate a payoff that is less than the total debt? If I've already consolidated (2001) and all loans are through the DoE ( and now Mohela) do I have any chance of offering to pay the entirety but at a discount?

1 Answers

No.  As a general rule student loans will only settle on accounts in default.  When default happens, they add up to 24% in collection fees....when student loan settlments occurs, they only settle off on those fees.

How to Deal with Illegal Loans..OhioGal's Primer
http://www.debtconsolidationcare.com/paydayloan/dealingwith-illegallenders.html
PDL's are ILLEGAL in the following states...
AR, AZ, CT, GA, ME, MD, MA, NJ, NY, NC, PA, VT AND DC
OH AND NH have very restrictive low cost interest rate laws.

SOL for all states
http://www.debtconsolidationcare.com/statute-of-limitation.html

Write Your Answer

CAPTCHA
This question is for testing whether you are a human visitor and to prevent automated spam submissions.
What is the sum of 14 and 1


Inter Next Technologies, Inc., Internet Marketing Services, Reno, NV


Page loaded in 0.118 seconds.