One more try :s

Discussion in 'Credit Talk' started by sylvesp, Sep 13, 2004.

  1. sylvesp

    sylvesp Active Member

    Hi,

    I did post this question previously but unfortunately I did not get any advice yet. I thought trying it once more would not hurt :). (Promise: this is the last time)
    I did never before had to deal with such issues and I don't know what is the best way to do it.
    Could somebody please give me any advice?

    --------------------
    My fiancee has an unpaid student loan - about 7K. The original private loan about $2500 was through a bank. The rest of the $7000 is interest accumulated :(.
    By now this debt has been sold to different collection agencies more than 4 times.

    We would like to get this record off her CR.
    What is the best way to deal with this so that at the end we pay the minimum possible?

    Should I call the collection agency and offer that I'll pay 40/50/60 % of the $7000 or should we offer to pay off the original amount owed?

    Can anybody give me a good advice on dealing with this?


    Thanks,
    Peter
     

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