Martin’s Story

My name is Martin and I stopped making payments to my student loans 5 months ago.  I currently have $300K in student loans (started with 260K) from the various lenders listed below:

  -Wells Fargo:  ~128K

  -Chase:  ~ 48K

  -Citizens Bank:   ~99K

  -SallieMae:   ~25K

My phone, my brother’s phone, my dad’s phone, and everyone else related to me gets about 1 phone call every 2 hours.  My intentions were to negotiate with these people, however they are unwilling to change there demands, I have asked for lower payments, interest rate reductions, principal reduction or anything else.  The only thing these lenders do is make threats to me and my family.  I have blocked all their calls until these lenders file law suits and legal proceedings start.  I am planning on getting the best lawyers I can afford to help me in these matters.

I just wanted to share my story, thank you for listening.

Leave a Reply