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studentadult View Drop Down
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Joined: 09/February/2011
Location: Thunder Bay
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Post Options Post Options   Thanks (0) Thanks(0)   Quote studentadult Quote  Post ReplyReply Direct Link To This Post Topic: Settlement
    Posted: 23/May/2011 at 4:31pm
Okay, so the bank will send me my statement which I've asked for 5 years ago,

After they send me a statement

They will include what I have to do to present myself to them so they can decide on the lump sum option amount?

Equifax
Finances
Rent
Other monthly costs
My income

Has anyone gone through this, Any advice for this?

Please let me know? And this everyone on this site know as well.


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Johnny View Drop Down
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Location: Canada
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Johnny Quote  Post ReplyReply Direct Link To This Post Posted: 01/June/2011 at 8:14am
How old is this loan? Who is it owed to? If it is barred then you are in control. 
 
If you are going to settle it, you will have to provide them with whatever they ask for. The items you describe are common requests. However, your capacity to pay and financial statement are scrutinized more so.  It also depends on who you owe. Each bank and government has their own policy and requirement.
 
Let you know? Simply make an offer, fulfill their requirements, and see what the result is. Negotiate with them if you are not satisfied.
Solve Student Debt specializes in solutions for students and graduates in student loan default, and those at risk of defaulting.

solvestudentdebt.com
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