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

Bermuda lashed by heavy winds from Cat 3 Hurricane Humberto

Sep 20, 2019

MIAMI — Hurricane Humberto lashed Bermuda with strong winds Wednesday night as the powerful Category 3 storm passed just to the north of the British Atlantic territory, while another growing storm threatened tourist resorts along Mexico's Pacific coast. Bermuda Gov. John Rankin called up 120 members of the Royal Bermuda Regiment to prepare for possible storm recovery efforts and National Security Minister Wayne Caines cautioned everyone to stay inside. Authorities had ordered early closings of schools, clinics and government offices. The U.S. National Hurricane Center said hurricane-force winds began to hit the island of some 70,000 people by late afternoon...

The Latest: Texas gunman was violent in psychiatric facility

Sep 20, 2019

DALLAS — The Latest on the man authorities say opened fire in West Texas over Labor Day weekend (all times local): 11:50 a.m. Police say the gunman who killed seven people in West Texas last month was destructive and violent while hospitalized at a psychiatric facility nearly two decades ago. Waco Assistant Chief Robert Lanning said Wednesday that Seth Ator was being treated in July 2001 at an in-patient facility in the city, about 105 miles (169 kilometers) south of Dallas. Lanning says Ator tore the ceiling in his room down, broke a chair, punched a hole in a wall...

Oil drilling plan near Utah monument draws tribal opposition

Sep 20, 2019

SALT LAKE CITY — The U.S. government will allow oil and gas companies to make lease bids Monday on lands considered archaeologically sensitive near a national monument stretching across the Utah-Colorado border that houses sacred tribal sites. Included in the Bureau of Land Management's September oil and gas lease sale is about 47 square miles (122 square kilometers) of land north of Hovenweep National Monument, a group of prehistoric villages overlooking a canyon with connections to several indigenous tribes throughout the U.S. Southwest. The parcels for lease are about five to 20 miles (eight to 32 kilometers) north of the...

Singaporean scientist among California boat fire victims

Sep 20, 2019

From a veteran water polo coach to a Singaporean data scientist, the passengers aboard the ill-fated Conception dive boat were linked by their love for the water. Here are the victims who have been identified so far from the deadly fire that engulfed the vessel, killing 34 people off California's wind-swept Channel Islands during their three-day excursion over Labor Day weekend. VETERAN WATER POLO COACH Before Justin Dignam, 58, founded a payroll company he coached water polo at universities. Dignam was a veteran water polo player, who played at University of Richmond before coaching a team at Iona College and...

Queer style kicks off NY Fashion Week with inclusive show

Sep 20, 2019

NEW YORK — In celebration of gender-fluid fashion, the queer-style digital magazine dapperQ threw a runway party at the start of New York Fashion Week. The site filled the Beaux-Arts Court of the Brooklyn Museum on Thursday night with invited guests and nearly 2,000 members of the public. It was the sixth annual Queer Runway Show at the museum for dapperQ. Marking its 10th year in business, the site enlisted 10 brands to dress an array of models of all colors, ages and sizes, large and small, on the gender binary and off. One model used a wheelchair. Another a...

Search

About Us

Tale Out is your go-to website when it comes to global travel and lifestyle news. If you need suggestions for the most relaxing places for vacation or some zen spa retreat, we have it all here in Tale Out.