Navient Student Loan Settlement? What Are the Key Factors You Must Consider?

Put yourself in the lender’s shoes! What is it that you would want to see prior to loaning someone your money? Remember, in almost all cases, the lender will have never met the applicant. The lender must rely simply on the documents submitted for review.

Put yourself in the lender’s shoes! What is it that you would want to see prior to loaning someone your money? Remember, in almost all cases, the lender will have never met the applicant. The lender must rely simply on the documents submitted for review.

It is axiomatic that the application is a critical component in obtaining your loan settlement! It is amazing that many individuals submit partially-completed applications, and contact us almost immediately asking why they have not obtained the loan settlement requested. Frankly, if you’re not willing to complete a one-page application, it is unlikely that you’ll find either a broker or lender who will be interested in devoting much time to your case.

To initiate the process, you must ask yourself how it is that you’re going to grab the lender’s attention. If you do not inform the lender what it is that serves as a principal basis on which your request is predicated, it is extremely unlikely that you will prevail in obtaining the lawsuit loan you seek!

I have provided two examples for you to review and would ask you to make a determination as to which, if either, of these applicants, would you provide funding:

In the first case, an applicant informed us of the following: “I was at a Goodwill store, sorting through the clothes when a coat hanger jumped out and smacked me on the bridge of my nose.”

In the second case, the applicant informed us of the following: “I was on a motorcycle. The car driver was traveling in the opposite direction and turned left in front of me. The car driver was cited for failure to yield.”

The Goodwill Store incident-applicant received no funding. I’m certain that comes as no surprise. On the other hand, the motorcycle incident-applicant received substantial funding. Hopefully, these two examples demonstrate the need to submit meritorious claims when attempting to obtain loan settlements.

The moral of the story is, prior to submitting an application to obtain a loan settlement, ensure that your case is meritorious. If you’re only able to make a “red-faced” argument to support your case, your chances of obtaining a lawsuit loan are slim-to-none! Find more information