How Do I Pay?
If you’d prefer to talk to a live person, our friendly customer service representatives are available at 877-439-8800. All calls are taken at one of our offices in the United States.
Should I Pay It Off At Once, or Make Monthly Payments?
Obviously every case is different, but most consumers can save a large percentage of the current balance by offering a lump sum settlement on the balance owed.
Some of our clients are willing to settle your account for a fraction of the balance as long as you’re willing to make it in one payment rather than monthly installments.
But My Balance Is Way Too High! I Can’t Pay All At Once!
We understand. Not many people have enough money on hand to pay off even half of their balance at once. However, some of the consumers we’ve worked with have found some creative ways to reduce their payments.
Several consumers have negotiated more than $10,000 off of a lump sum settlement, and then borrowed money from friends and family to make the payment. After they settled the case with us, they paid their friends and family back in reasonable amounts over time.
I Don’t Think I Can Borrow That Much Money…
We have also worked with consumers that were able to borrow the settlement amount from a financial institution.
After the consumers got a loan to settle with us, they made manageable monthly payments to their lender. Even with the interest the lender charged, they paid less overall than the full balance they owed us.
Would I Save Money By Re-Financing a Settlement?
Every consumer’s situation is a bit different, and your situation will be determined by factors such as your overall balance as well as the monthly payments that you are able to make. For your convenience, the calculator below can be used to project your potential savings on re-financed repayment*.
*The interactive calculators, tools, and information are made available to you as self-help tools for your independent use and are not intended to provide legal or financial advice. We cannot and do not guarantee their applicability or accuracy in regard to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal legal or financial matters.
But I Have Bad Credit From Defaulting On This Loan… Would Anyone Lend To Me?
While it’s true that most banks and traditional lenders would not consider lending to anyone who has a defaulted loan on their record, there are exceptions. Some of our consumers have been able to save money by finding lenders willing to work with consumers and help them save money by re-financing their defaulted student loans.
One such lender is LendStreet.
Please note that Eltman Law does not have a relationship with any of these lenders, and does not receive any remuneration from them. This communication is not a recommendation of any particular lenders’ service, and consumers should always consult with their financial professionals before making any decisions regarding lending or re-financing.
If at any point you need any help or have any questions about your account with us, you can speak to a consumer representative at our New Jersey headquarters by calling 877-439-8800.
Our Customer Service Representatives:
Our friendly, professional customer service representatives are available to help you resolve your account balance. They can be reached any time from 8:30AM-5PM, Monday through Friday. All calls are answered locally at our New Jersey headquarters, and our customer service representatives have been with Eltman Law for an average of 5 years.
“You’ve been the nicest person on the phone so far. I appreciate your kindness.”
If you prefer to pay online, you can click here to use our convenient payment portal. Our customer service reps are available if you need any help.
If the amount due is overwhelming and you’re not sure how to pay it off, don’t worry. Contact of one our customer service representatives to arrange a payment plan. If your account is eligible, you can make reasonable payments over time to make life easier.