We are NOT a collection agency.
We work for you! GSLHC is as an advocate for Student Loan borrowers. Collection Agencies do not work for you! Collection agencies work for Lenders! If you have a Defaulted Student Loan, collection agencies will use hostile tactics to collect on Student Loans. In most cases collection agencies are NOT your best option. Most collection agencies charge very high fees. Collection agencies add collection costs (anywhere from 18.5% to 40% of the uncollected balance) to your Student Loan. Often your monthly payments go directly to the collection agencies fee as opposed to paying your Student Loans. Our solutions provide a much less expensive alternative to get student loan restoration.
- Client MSLHC
- Date May 23, 2013