Yes, if it is an unsecured loan . . . meaning signature only -- not a mortgage secured by real estate or other hard assets. In other words, was a boat, a car, real estate, or other asset pledged as collateral, such that they could "legally" take that item from you if you don't repay the so-called "loan"? If not, then yes -- the Liberty system can cancel it.
Can your system be used to settle a SALLIE MAE loan? I believe they are a private corporation and not affiliated with the US government.
Modified on: Sat, 18 Jul, 2015 at 8:20 PM
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