Hey everybody, This is my first post to this board, I've been reading for a week. I got myself in big trouble in 1998. I lost my job, my car got repossed by ford credit, I got kicked out of my apartment ($2400 judgement), and I defaulted on my student loans. All within a 6 month period. Needless to say it was a rough time for me. I am trying hard to correct those mistakes, I was in the 700 club prior to '98. I have fixed most of it except the Student Loans and the repo on EXP. I have 9 student loans= $27,000. I want to pay them off, I called Sallie Mae, the original holder, and they told me to write a letter explaining why I think they should buy them back. I was hoping someone might offer some advice or have a sample letter. Thanks for the help. Combackkid exp=514 exf=538 tu=?
Tell them your sob story, only make it 500 times worse. Then explain that you are financially stable now, and would prefer to deal directly with them because you value your business relationship with them.
