MyCreditCounselor specializes in private student loan settlement and debt negotiation. Andrew Weber, a NACCC Certified Counselor, has settled millions in high-balance loans since 2013, earning 80+ 5-star Google reviews.
Data compiled from public sources · Google rating shown when a stored review count is available
MyCreditCounselor is a Columbus, Ohio-based private student loan settlement and debt negotiation practice operated by Andrew Weber, a NACCC Certified Credit Counselor (since 2011) and NACCC Certified Student Loan Counselor (since 2014). Unlike large non-profit credit counseling agencies, this is a boutique solo practice built around direct, one-on-one access to a credentialed staff context. Weber positions himself as one of the few practitioners in the country who focuses exclusively on private student loan negotiation—a niche that demands both listed knowledge and established creditor relationships.
With 16+ years of experience, Weber has settled millions in private student loans, credit card debt, and other unsecured obligations. He specializes in high-balance, high-risk cases: private loans over $20,000 (with settlements exceeding $317,000), accounts in default, cosigner situations, and cases at imminent risk of legal action. His negotiation strategy aims to reduce balances aggressively, improve clients' debt-to-income and debt-to-credit ratios, and eliminate the burden of payments that never seem to decrease.
The practice has earned 80+ Google reviews with a perfect 5.0-star rating, reflecting client satisfaction with Weber's results and direct communication style. Clients report transformation from high-stress debt situations to debt-free status, removing obstacles to major financial goals like home ownership or credit rebuilding.
Critically, Weber emphasizes proper settlement execution: larger balances carry greater legal and financial risk if settlements are mishandled. His approach combines deep negotiation knowledge, established industry relationships, and proactive management of creditor communications to maximize savings while ensuring compliance.
MyCreditCounselor is best suited for borrowers with high-balance private student loans, those in default or facing collection action, cosigners burdened by unexpected liability, and individuals whose debt-to-income ratio prevents them from qualifying for mortgages or other major financing.
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This is state-level context for Debt Relief consumers in Columbus, OH. It does not confirm that MyCreditCounselor - Andrew Weber or this specific location is licensed.
State regulator
Ohio Department of Commerce Division of Financial Institutions
Consumer protection
Relevant law: Ohio Credit Services Organization Act (Ohio Rev. Code § 4712.01-4712.14)
Registration: Required with Ohio Division of Financial Institutions
Upfront fees: Listed as prohibited in the current CreditDoc state summary
Source: CreditDoc state-law summary and listed public regulator resources. Verify licensing directly with the listed state regulator before relying on a provider.
MyCreditCounselor - Andrew Weber offers 10 services including Private student loan settlement negotiation, Private student loan counseling and repayment strategy, Debt settlement negotiation with major lenders and servicers, National Collegiate Trust account negotiation, Debt collector harassment intervention and resolution, and 5 more.
MyCreditCounselor - Andrew Weber has profile signals associated with Consumers in Columbus, Ohio looking for credit repair services, People who prefer working with a local credit repair provider, Individuals with negative items on their credit reports, People preparing for major purchases like home or car buying.
Key strengths: Perfect 5.0 Google rating across 105 reviews — exceptionally strong and consistent client satisfaction; Dual NACCC certifications: Certified Credit Counselor (2011) and Certified Student Loan Counselor (2014) — verifiable credentials; Reported niche experience context in private student loan settlement, a specialty rarely offered by mainstream agencies. Areas to consider: Solo practitioner with limited capacity — scheduling and availability may be an issue for clients needing fast action; Fees and rates are not publicly disclosed — pricing transparency is below industry standard.
In the Debt Relief category, comparable providers include A Plus Credit LLC, Coulter Credit Repair LLC, Talus. Each company has different strengths, so compare services, pricing, and consumer complaint records before deciding what to do next.
CreditDoc Profile Note
MyCreditCounselor is best suited to borrowers with defaulted or seriously delinquent private student loans who have exhausted other repayment options and need an experienced negotiator to settle for less than the full balance. Consumers looking for traditional credit score improvement, error dispute services, or federal student loan help will likely find a better fit elsewhere. Consumers evaluating debt relief companies should also consider whether debt consolidation loans, credit counseling, or personal loans for bad credit might provide a better path to financial recovery depending on their specific situation.
A Plus Credit LLC offers credit repair services to help consumers dispute errors and negative items on their credit reports.
Google rating from 16 reviews
Profile signals: Consumers with access to direct company contact information who can verify services independently, Those willing to request detailed service agreements and credentials before engagement
Coulter Credit Repair LLC is a credit repair provider based in Exton, Pennsylvania. Rated 5.0/5 with 132 Google reviews, reflecting high listed customer satisfaction.
Google rating from 132 reviews
Profile signals: Consumers in Exton, Pennsylvania looking for credit repair services, People who prefer working with a local credit repair provider
Talus is a full-service payment processing and fintech platform that provides omnichannel payment solutions, merchant onboarding, and gateway services to software companies, resellers, and SMBs.
Google rating from 647 reviews
Profile signals: Software companies seeking to embed white-label payment processing into their platforms, Resellers and referral partners wanting to offer payment solutions with listed residuals
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A step-by-step guide to consolidating your debt on your own, without paying a debt consolidation company. Covers balance transfers, personal loans, the snowball method, and negotiating directly with creditors.
Read guide →A step-by-step 90-day plan to assess your finances, attack debt, dispute errors, and rebuild credit. Real timelines, specific actions, and legal protections you can use immediately.
Read guide →Learn how debt management plans reduce interest rates, negotiate with creditors, and help rebuild credit in 3–5 years. Real timelines and eligibility rules.
Read guide →New to credit and lending? Here are the key terms used on this page, explained in plain language with real-number examples.
When you fail to repay a loan according to the agreed terms — usually after 90-180 days of missed payments. It's the point where the lender gives up on collecting normally.
Default triggers severe consequences: credit score drops 100+ points, the debt may be sent to collections, you could be sued, and your wages or assets could be seized.
Example
You miss 4 consecutive car payments. The lender declares your loan in default, repossesses your car, sells it at auction for $8,000, and you still owe the remaining $5,000 (called a deficiency balance).
A federal agency created in 2010 to protect consumers from unfair financial practices. They write rules, supervise financial companies, and handle consumer complaints.
The CFPB is your most powerful ally against high-cost lenders. Filing a complaint with them gets a response from the company within 15 days — companies take CFPB complaints seriously.
Example
A debt collector calls your workplace after you told them to stop. You file a CFPB complaint online. Within 15 days, the collection agency responds and agrees to stop. The CFPB tracks complaint patterns across all companies.
A federal law that limits what debt collectors can do. They can't call before 8am or after 9pm, can't harass you, can't lie, and are required to stop contacting you if you request in writing.
Knowing your FDCPA rights stops abusive collection tactics. If a collector violates the law, you may have a right to sue for up to $1,000 per violation plus attorney fees.
Example
A collector calls your workplace 3 times after you told them not to. That's 3 FDCPA violations. You hire a consumer attorney (free — they get paid by the collector). The collector settles for $3,000.
A court order that requires your employer to withhold part of your paycheck and send it directly to a creditor. Usually happens after a creditor sues you and has obtained a judgment.
Federal law limits garnishment to 25% of disposable income. Some states have lower limits. Student loans and taxes can be garnished without a court order.
Example
You owe $8,000 on a defaulted credit card. The bank sues, gets a judgment, and garnishes your wages. On a $3,000/month net paycheck, they take $750/month until the debt is paid.
A time limit (typically 3-6 years, varies by state) after which a creditor can no longer sue you to collect a debt. The debt still exists, but they lose the legal power to force payment.
Knowing your state's statute of limitations prevents you from being tricked into paying debts that are legally uncollectable. Beware: making a payment can restart the clock.
Example
You have a $3,000 credit card debt from 2019. Your state has a 4-year statute of limitations. In 2024, a collector calls demanding payment. The statute has expired — they cannot sue you.
A type of bankruptcy where you keep your assets but follow a court-approved 3-5 year repayment plan to pay back some or all of your debts. Stays on credit for 7 years.
Chapter 13 may be more relevant than Chapter 7 if you have a home or assets you want to keep. It can stop foreclosure and let you catch up on mortgage payments over 3-5 years.
Example
You're 3 months behind on your mortgage and have $30,000 in credit card debt. Chapter 13 stops foreclosure and puts you on a 5-year plan: you pay $600/month to catch up on the mortgage and pay 40% of the credit card debt.
A type of bankruptcy that wipes out most unsecured debts (credit cards, medical bills) by liquidating non-exempt assets. It stays on your credit for 10 years.
Chapter 7 gives you a fresh start but at a steep cost: 10 years on your credit, difficulty getting loans, and you may lose assets. Income is generally required to be below your state's median to qualify.
Example
You have $45,000 in credit card debt and earn $35,000/year. Chapter 7 erases the debt. You keep exempt property (basic car, household items). Your score drops to ~500 but you're debt-free.
When a creditor declares your debt a loss after 180 days of nonpayment and removes it from their books. But you still owe the money — they just stop expecting to collect it themselves.
A charge-off is one of the most damaging entries on your credit report and stays for 7 years. The debt is usually sold to a collection agency who will pursue you for it.
Example
You stop paying your $4,000 credit card. After 180 days, the bank charges it off and sells the debt to a collector for $800. The collector now contacts you demanding the full $4,000 (they profit from what they collect above $800).
When an unpaid debt is transferred or sold to a third-party collection agency that specializes in recovering the money. Collection accounts appear on your credit report for 7 years.
Even a $50 collection account can drop your score 50-100 points. Some newer FICO models (FICO 9) ignore paid collections, but many lenders still use older models.
Example
An old $200 gym bill goes to collections. It appears on all 3 credit reports and drops your 720 score to 640. Paying it helps with newer scoring models but under FICO 8 (still widely used), a paid collection still hurts.
Combining multiple debts into one single loan with one monthly payment, ideally at a lower interest rate. It simplifies repayment and can reduce total interest.
Consolidation is generally most useful when you get a lower rate than your existing debts. But it doesn't reduce what you owe — and extending the term can mean paying more total interest.
Example
You have: $5,000 at 22% (credit card), $3,000 at 18% (store card), $2,000 at 25% (payday loan). A $10,000 consolidation loan at 11% saves you ~$2,100 in interest over 3 years.
Negotiating with creditors to accept less than the full amount you owe — typically 40-60 cents on the dollar. Usually done after you've already fallen behind on payments.
Settlement can save thousands, but it severely damages your credit (settled accounts show for 7 years) and the IRS may tax the forgiven amount as income.
Example
You owe $15,000 on a credit card and negotiate a settlement of $7,500 (50%). You save $7,500 but: your credit drops 100+ points, the account shows 'settled' for 7 years, and you may owe taxes on the $7,500 forgiven.
The percentage of your monthly gross income that goes toward paying debts. Lenders use it to judge whether you can afford another loan payment.
Most lenders want DTI below 36% for personal loans and below 43% for mortgages. Above that, you're considered overextended and likely to be denied.
Example
You earn $5,000/month gross. Your debts: $1,200 mortgage + $300 car + $200 student loans = $1,700/month. DTI = 34%. A new $400/month loan would push you to 42% — risky for lenders.
A court ruling that says you legally owe a specific amount to a creditor. It gives the creditor power to garnish wages, freeze bank accounts, or place liens on your property.
Judgments are enforceable for 10-20 years (varies by state) and can be renewed. They give creditors far more collection power than a simple unpaid debt.
Example
A credit card company sues you for $8,000 and has obtained a judgment. They can now garnish 25% of your paycheck ($750/month on a $3,000 net salary) and freeze your bank account.
Want to learn more? Read our Financial Wellness Guides for in-depth explanations and practical advice.
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