The following is a debt settlement letter issued by Credit Corp Solutions, Inc. DBA Tasman Credit, acting as the current creditor for a Sallie Mae Smart Option Student Loan account. This letter confirms the negotiated settlement where the client resolved a balance of $40,643.06 for a significantly reduced amount of $10,160.77, using an extended payment arrangement approved by the creditor.
Please keep in mind that future results cannot be guaranteed by any company, but since 2001 the CuraDebt team has built experience exceeding that of most competitors in the industry, with the goal of saving clients the most money as quickly as possible based on the funds available.
Disclaimer: Settlement results vary based on factors such as creditor policies, hardship status, age of account, and client financials. While typical settlements range between 40–60% savings, student loan settlements—especially private loans—can vary widely depending on the lender and collection agency. CuraDebt works hard to achieve the best possible result for each individual client.