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Having abad creditis not rare today. With the economy taking a dive more and more consumers find themselves defaulting on payments not to mention consumers that default on their mortgage and foreclose their homes....Open Question: is it possible to negotiate a lesser rate forstudent loans? I borrowed like $10000 and now owe $40000. I don\'t get refunds from taxes and I won\'t get retirement cause it will go to this huge debt...anyone ever heard of negotiating a...