MyCreditCounselor.net Helps Struggling Private Student Loan Borrower Negotiate 30% Settlement With KeyBank

July 31, 2019 - /PressAdvantage/ - MyCreditCounselor.net, a professional private student loan negotiation company operated by a NACCC Certified Student Loan Counselor, has recently negotiated a 30% settlement for a private student loan borrower. Jenna Harner had $43,000 outstanding on her loan when the lender, KeyBank, increased the monthly payments to an unsustainable $1,000 a month, despite Jenna having never missed a previous payment. KeyBank then denied Jenna any option to lower the payments and insisted that the payments should be made to the new amount, despite there being no reasonable explanation for the increase, and after being informed that she simply could not afford them.

Feeling like she had no power over the situation, Jenna exhausted all of her communication options with the lender, only to be met with representatives informing her that there was nothing they could do to lower the payments and she would have to pay them or face default. After the loan defaulted, Jenna researched which steps she could take. Upon finding several informative articles by the owner of MyCreditCounselor.net (Andrew Weber), she promptly contacted him for advice.

Following discussions between Andrew Weber and Jenna about the unresolved and stressful situation with her private student loan lender, Andrew made it clear that he had previous experience with this lender and was confident he could arrange a reasonable settlement of the defaulted loan. He began intensive negotiations with KeyBank which resulted in a 30% settlement offer, which she took.

Claiming that the daily phone calls stopped immediately after agreeing to let Andrew take over negotiations on her behalf, Jenna was relieved that a resolution was found quickly and without any further stress.

She had this to say about her experience with KeyBank and MyCreditCounselor.net: "Mr. Weber kept me informed every step of the way while negotiating. The process went very quickly and Andrew Weber was able to negotiate a 30% settlement with the bank."

She continued: "The stress of defaulting was making me sick. As soon as I saw the letter from the bank agreeing to Mr. Weber's negotiated amount it was as if a great weight was lifted off of me. I felt the negotiation charge for the service was well worth it. I never thought I would be out from under this student loan debt. Without Andrew Weber's help, I would still be struggling under the mental stress of the situation as well as the financial stress. I could not have asked for a better outcome."

Andrew Weber is proud to have been able to, yet again, guide another borrower through the arduous process of private student loan settlement. Speaking about the negotiation, he said: "This was one of the best settlements I’ve negotiated this year. We put in place a specific custom strategy to achieve the best outcome with this lender."

In the private student loan world, two of the largest private lenders are Navient and Sallie Mae. For those wishing to find out more about loan forgiveness, and in particular Sallie Mae and Navient student loan forgiveness can read a very helpful blog article here.

For those wishing to contact Andrew Weber, he can be reached through the Mycreditcounselor.net Facebook page as well as his website, www.mycreditcounselor.net.

###

For more information about MyCreditCounselor.net, contact the company here:

MyCreditCounselor.net
Andrew Weber
937-503-4680
andrew@mycreditcounselor.net
P.O. Box 433 Athens, Ohio 45701

ReleaseID: 60029894

Latest News

Road tripping Thailand: Weekend getaways to beat the crowds

Oct 17, 2019

BANGKOK — Thailand's southern beaches lure travelers with their turquoise water and dramatic limestone cliffs, but there's more to explore in the Southeast Asian country that's one of the world's most popular destinations. For a Thai road less traveled, try one of these getaways outside Bangkok, far from the overly Instagrammed backpacker hotspots or the party scene of Phuket or Pattaya. ___ BAN KRUT FOR THE BEACH BUM In laid-back Ban Krut, travelers will find one of the cleanest and quietest stretches of white sand within driving distance of the capital, Bangkok. This sleepy seaside community, known mostly by locals,...

US promotes free and open Indo-Pacific at naval exercise

Oct 17, 2019

SATTAHIP, Thailand — A senior U.S. naval officer underlined Washington's commitment to a free and open Indo-Pacific as the United States on Monday launched its first joint naval exercise with the Association of Southeast Asian Nations. Rear Adm. Kenneth Whitesell spoke at the opening ceremony of the ASEAN-U.S. Maritime Exercise at the Sattahip naval base in eastern Thailand. He said the multilateral exercise demonstrates the U.S. commitment to a free and open Indo-Pacific, which Washington has been promoting to counter China's increasing influence in Asia, including Beijing's territorial claims in the South China Sea. Several Southeast Asian countries contest the...

Boeing 737 Max 8 woes crimp Asian airlines' growth plans

Oct 17, 2019

SINGAPORE — Asian airlines are cutting routes, revamping their schedules and leasing extra aircraft to fill gaps left by the grounding of Boeing 737 Max 8s after deadly crashes in Indonesia and Ethiopia killed 346 people. So far, regional carriers have managed to avoid major disruptions, but analysts expect that idling the Max 8s, a fuel-efficient update of Boeing's popular 737, will crimp growth plans in the near future. As investigations into the crashes continue, Boeing anticipates a $1 billion increase in costs related to the 737 Max, including fixing software implicated in the disasters, adding pilot training and compensating...

Thai king celebrates coronation with spectacular parade

Oct 17, 2019

BANGKOK — Thailand's newly crowned King Maha Vajiralongkorn made a spectacular public appearance in front of his countrymen Sunday, carried atop a golden palanquin by soldiers in ancient fighting uniforms in a procession through Bangkok's historic quarter. Hundreds of other soldiers marched in front, behind and alongside the palanquin in scorching heat as the procession set off from Bangkok's Grand Palace just after 5 p.m. with a marching band setting the pace. Also taking part in the slow parade were the prime minister and other senior officials in the military government as well as the king's wife, Queen Suthida, and...

Thai minister says envoys breached diplomatic etiquette

Oct 17, 2019

BANGKOK — Thailand's foreign minister said Tuesday that he will summon representatives from the embassies of the European Union and the United States to discuss why he believes they breached diplomatic etiquette by observing a Thai politician being charged with sedition by police. Foreign Minister Don Pramudwinai said that foreign countries are barred from closely observing internal procedures "not only by etiquette but also by rules and regulations that the whole world abides by." His remarks come after several countries sent envoys to observe a police proceeding at a Bangkok police station on Saturday where Thanathorn Juangroongruangkit, leader of a...

Search

Sign up now!

About Us

Suara KL brings amazing Travel news for tourist to witness Beautiful Malaysia and hear the wonderful sounds of this country.

Contact us: sales[at]suarakl.com