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How to negotiate student loan debt settlement
Negotiating your student loan debt settlement is hard but not impossible.
Michelle Lambright Black is a credit expert with over 19 years of experience, a freelance writer and a certified credit expert witness. In addition to writing for Bankrate, Michelle's work is featured with numerous publications including FICO, Experian, Forbes, U.S. News & World Report and Reader’s Digest, among others. She specializes in credit reporting, credit scoring, the intersection of credit and financing (business, mortgages, credit cards, loans), budgeting and identity theft.
Michelle is also the founder of CreditWriter.com—a blog that aims to help people take charge of their credit and finances so they can lead happier, less stressful lives. She’s a firm believer that everyone deserves a second chance (or a 20th chance) when it comes to money management, and that any credit situation can be improved with the right plan and hard work.
When she isn’t writing or speaking about credit and money, Michelle loves to travel with her family. She also enjoys taking Tae Kwon Do classes with her children. Michelle, her son, and her daughter all hold first-degree black belts.
Negotiating your student loan debt settlement is hard but not impossible.
Discharging your private student loans is a complex process.
You don’t need a lawyer, but you do need to take these steps to protect pay through bankruptcy.
Before you give in to a debt collector, know your rights.
Learn when you could save money by refinancing and when it could cost you.
Take steps ensure a seamless transition from one college to another.
These four programs can help students with college expenses.
If you didn’t agree to being a co-signer, you can report the fraud.