National Enterprise Systems, Inc. Student Loan Complaint

National Enterprise Systems, Inc. Student loan department,

Non-federal student loan Dealing with my lender or servicer Trouble with how payments are handled South Carolina

I am repaying a student loan that I am a co-signer on with my daughter -. She attended - - - - in - Due to healthissues she became unemployed and could not continue paying on her loan. Thisloan went into default before I became aware of it. The loan was charged off and dNational Enterprise Services acquired the loan. At this time the balancewas $20000.00. I paid $4000.00 down and began paying them between $100.00 - $110.00 a month for almost four years. During that time my balance went down to $15000.00. I filed a complaint when I finally realized that the interest was being compounded daily at 6.6 %. This loan would never be paid at this rate! Now, NES has CLOSED out the loan as they have not taken 2 months payments from my checking account, and have given the loan to a FINAL collection agency, - Theysaid they would negotiate for a final payment of - lump sum but thatI could NO longer make payments. This would never work for me as I am retired and can not afford - lump sum due to a fixed income. Please help me with this unbearable situation!