Bank of America agreed to lower consumers monthly payments...and also reduced the interest rate to 0% for the 12 month period on a balance of $40,000.
Lives in California, previously unemployed, never paid on his student loans. He owes around $60,000 on his student loans.
Andrew stated it was daunting to even think about calling the US Dept. of Education.
Center for Consumer Recovery was able to negotiate a manageable payment for Andrew. When he makes nine consecutive payments
of $159, it will reflect as a positive on his credit report.
Andrew has made his first two payments.
Consumer needed a pacemaker and had not visited a doctor in a long while. We were able to point him in the right direction
and he has now received a new pacemaker and much needed medication.