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 Sports - The World Insiders

Pastrnak hat trick helps Bruins hold off Jets 5-4

Feb 21, 2020

BOSTON — David Pastrnak had a hat trick to extend his point streak to 12 games and Jake DeBrusk added two goals, including the go-ahead score in the third period, to help the Boston Bruins hold off the Winnipeg Jets 5-4 on Thursday night. It was Pastrnak's third hat trick this season and eighth of his career. He has nine goals and 10 assists during his current point streak, and his 35 goals overall lead the NHL. Kyle Connor, Andrew Copp, Neal Pionk and Mark Scheifele had goals for the Jets. Nikolaj Ehlers added a pair of assists. Jets goaltender...

Coyotes score 3 in the third period to beat Ducks 4-2

Feb 21, 2020

GLENDALE, Ariz. — Christian Dvorak triggered a three-goal third period by scoring in the opening minute, Antti Raanta stopped 27 shots and the Arizona Coyotes rallied for a 4-2 win over the Anaheim Ducks on Thursday night. Lawson Crouse scored in the first period, but Arizona went into the third trailing 2-1. The Coyotes came out of the locker room buzzing to start the third period and cashed in on Dvorak's goal. Brad Richardson followed with his second goal and Carl Soderberg had his 12th a minute later. Jakob Silfverberg scored his 15th goal of the season and Max Jones...

Blackhawks rally to beat Blue Jackets in shootout

Feb 21, 2020

COLUMBUS, Ohio — The Chicago Blackhawks won in a shootout, and the Columbus Blue Jackets may have lost something more valuable than the game: their starting goalie. Joonas Korpisalo had to leave the game with an injury after unsuccessfully trying to stop the first-round overtime shot from Jonathan Toews. Columbus backup Elvis Merzlikins entered the game cold and allowed the third-round shooter, Patrick Kane, to juke him and get one in on the net. Chicago goalie Robin Lehner then shut down Nathan Gerbe in the third round of the tie-breaker to preserve the Blackhawks' 3-2 win. There was no update...

Seguin scores in OT, Stars beat Lightning 4-3

Feb 21, 2020

TAMPA, Fla. — Tyler Seguin scored three minutes into overtime, Anton Khudobin stopped 45 shots, and the Dallas Stars beat the Tampa Bay Lightning 4-3 on Thursday night. After Tampa Bay's Tyler Johnson missed a shot from close range, Alexander Radulov passed to Seguin, who skated in from left wing boards and got the winner from the low slot. Dallas also got goals from Radulov, Radek Faksa, and Jason Dickinson. Khudobin stopped Yanni Gourde's shot during a 2-on-none break in the third. Mikhail Sergachev, Alex Killorn and Ondrej Palat scored, and Andrei Vasilevskiy made 16 saves for the Lightning. Nikita...

Allen makes 35 saves, Blues beat Oilers 2-1

Feb 21, 2020

ST. LOUIS — Brayden Schenn scored, Jake Allen made 35 saves and the St. Louis Blues beat the Edmonton Oilers 2-1 on Wednesday night. Mackenzie MacEachern also scored for the Stanley Cup champion Blues, who won their fourth straight. James Neal had a goal and Mikko Koskinen stopped 42 shots for the Oilers, who lost for the fifth time in six games. Edmonton went 0 for 3 on the power play, snapping an eight-game scoring streak with the man advantage. Schenn’s 15th goal of the season gave the Blues a 1-0 lead at the 8:04 mark of the second period....

About Us

The World Insiders brings you exclusive coverage from across the globe in a timely, easy to consume format sourced directly from our regional media partners.

Contact us: sales[at]theworldinsiders.com

Subscribe Now!