My husband has a loan originally through Sallie Mae (it’s been bought by a bunch of companies since then) from obtaining his commercial pilots license totaling about $28,000. He received a letter from Financial Asset Management saying that for a one time payment of $2,000 before the end of December the remaining balance would be wiped out. Is there any reason to NOT do this? Will this effect our credit? Why would a loan company do this? Seems to good to be true.
Edit: this is the company sending the letter: Financial Asset Management Systems, Inc.
Submitted December 19, 2018 at 09:50AM by wild_mountain_time https://ift.tt/2LoLVJK