I did it!!! I decided on a whim to counter their counter offer and after going back and forth for a few minutes, my counter offer at $3250 on a $38,517 loan is now settled. They will send me an email to confirm their acceptance of my counter-offer and the terms of the settlement (to say Paid in Full) and then I will wire transfer over the money. I am beyond excited about this and couldn't have done it without this message board's help!!I say take it & get on with life. Wonder how they came up with such an odd number. Though I might would consider doing a counter with the explanation being I don't have that much money.