How to Get out from Under a Defaulted Student Loan?

Answer A Federal Government program exists to get current on a defaulted Student Loan without having to make several months of payments at a high rate. You can consolidate into a "Direct Loan" with an inc... Read More »

Top Q&A For: How to Get out from Under a Defaulted Student Loan

I have a private student loan taken out from a bank (T.E.R.I) loan and I defaulted on 2 of the loans?

Private loans have no such rehab options that you are asking about. The rehab options are only available for federal loans. This is why private loans are evil. If you were to die or become disabl... Read More »

Defaulted student loan?

They will lien on the title of your father house , you can not sell it until you pay off, i would suggest that you negotiate w/ them cut down the amount that you own them ( like "stupid fees" invol... Read More »

Can i negotiate a settlement on my defaulted student loan?

On One Hand: Possible? In part.There are options available to you to settle the various parts of your student loan debt. Guaranty agencies that are empowered to negotiate agreements can work out a ... Read More »

Can I Deduct Interest Paid on a Defaulted Student Loan?

Until 2012, the Internal Revenue Service subsidizes some of the cost of most student loans with a deduction on student loan interest. However, just having a student loan does not necessarily qualif... Read More »