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Student Loan in Collection

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  • 08-02-2009, 03:04 PM
    mariajose
    Student Loan in Collection
    My question involves collection proceedings in the State of: kansas
    hello, my sally Mae student loan now is in collection, Im trying to pay but the interest in 27% so impossible to catch up...is it anything I can do? if I had the money I would have pay it already. Thanks so much.:(
  • 08-03-2009, 09:45 AM
    LawResearcherMissy
    Re: Student Loan in Collection
    You can attempt to negotiate a more manageable payment plan with the collection agency.

    Be advised, they aren't obligated to do this, but many will if you keep in contact with them.
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