Default student loan...
By Tadgate
@Tadgate (1)
May 25, 2006 5:00pm CST
Hi
The NMSLGC garnished my default student loan in 1996. Since then they take out payment from my pay checks ( Twice a month). Now they sent a letter to tell me my account transfer to a different collection agency. I do not even know how much I owe them. I should have to finish paying the principal loan by now. I want my my payment to be lowered to $70 to $80
and live my life....can you help takecaring my dillemma?
1 person likes this
3 responses
@desertdarlene (8910)
• United States
9 Apr 08
I'm sorry to say that once you defaulted on your student loan, you gave up a lot of leeway as to getting them to lower your payments, etc. If you hadn't defaulted, it wouldn't have gone to any collection agency and you would have had a better chance of either getting a lower payment, or having the payment deferred. Since this discussion is pretty old, I'm sure you've got it all figured out by now. I just wanted to post this for the sake of others who might want to know.
