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

More News From In The Headline

Sen Martha McSally of Arizona has a book coming out next May

Oct 22, 2019

NEW YORK — Sen. Martha McSally, the Arizona Republican appointed to the seat once held by John McCain, has a book deal. William Morrow announced Monday that McSally's "Dare to Fly" is coming out next May. Like McCain, who died in 2018, the 53-year-old McSally has a military background. She was the first female fighter pilot to fly in combat and was deployed multiple times in the Middle East and Afghanistan before retiring in 2010. In a statement Monday, McSally said hoped her story would inspire others, mean and women, "at all stages of life." "Like many others, I experienced...

Companies reach tentative deal to settle opioids lawsuit

Oct 22, 2019

CLEVELAND — The nation's three dominant drug distributors and a big drugmaker have reached a tentative deal to settle a lawsuit related to the opioid crisis just as the first federal trial over the crisis was due to begin Monday, according to a lead lawyer for the local governments suing the drug industry. The tentative deal, details of which were to be announced later Monday, settles claims brought by the Ohio counties of Cuyahoga and Summit against distributors AmerisourceBergen, Cardinal Health and McKessen and the manufacturer Teva. After five drug manufacturers, including Johnson & Johnson, reached settlements leading up to...

Wilson snaps tie with 3rd period goal, Caps edge Blackhawks

Oct 22, 2019

CHICAGO — The Washington Capitals admitted they weren't at their best. Still good enough to pull out a win to start a five-game road trip. Tom Wilson broke a tie with 8:13 left and the Capitals rebounded after blowing a two-goal lead to beat the Chicago Blackhawks 5-3 on Sunday night for their third straight win. Wilson beat Corey Crawford from the right edge of the crease with his third goal after he was left open and took a cross-ice pass from Carl Hagelin to put Washington ahead 4-3. Lars Eller added an empty-netter from his own zone with 49.3...

Trump scraps plan to host G-7 at his Doral golf resort

Oct 22, 2019

WASHINGTON — Responding to stinging criticism, President Donald Trump has abruptly reversed his plan to hold the next year's Group of Seven world leaders' meeting at his Doral golf resort in Florida. "I think he knows," his acting chief of staff said Sunday, "people think it looks lousy." Trump announced a rare backtrack Saturday night after facing accusations that he was using the presidency to enrich himself by hosting the international summit at the private resort owned by his family. "Based on both Media & Democrat Crazed and Irrational Hostility, we will no longer consider Trump National Doral, Miami, as...

Caught up in Trump impeachment, US diplomats fight back

Oct 22, 2019

WASHINGTON — Three years of simmering frustration inside the State Department is boiling over on Capitol Hill as a parade of current and former diplomats testify to their concerns about the Trump administration's unorthodox policy toward Ukraine. Over White House objections, the diplomats are appearing before impeachment investigators looking into President Donald Trump's dealings with Ukraine and they're recounting stories of possible impropriety, misconduct and mistreatment by their superiors. To Trump and his allies, the diplomats are evidence of a "deep state" within the government that has been out to get him from the start. But to the employees of...

Sign up now!

About Us

In The Headline sought to bring professionalism back into journalism, bringing you only the most exclusive and the most impactive news from all over the globe.

Contact us: sales[at]intheheadline.com