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  1. #1
    Join Date
    Aug 2009
    Posts
    1

    Unhappy 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.

  2. #2
    Join Date
    Jan 2008
    Location
    Toledo, OH
    Posts
    16,307

    Default 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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