How to Prevent Student Loan Default?

Answer After you have not paid your student loan for 270 days when your loan is due in monthly installments, or 330 days when the loan is repayable in less frequent installments, you could be in danger of... Read More »

Top Q&A For: How to Prevent Student Loan Default

Student loan in default?

If you are unable to afford to make payments toward your defaulted loan, you should complete and return a "Statement of Financial Status" along with evidence of your current financial situation, wh... Read More »

What Can I do if My Student Loan went into Default?

Defaulting on student loans can cause several different financial problems. Not only does it have a highly negative effect on your credit report, but it also impedes your ability to get any new stu... Read More »

When is a student loan in default?

A student loan is in default within 270 days of not making a payment that is due. Loans are typically due around six months after you leave school. After leaving school, you can apply for a deferme... Read More »

Can I Refinance My Student Loan if I Am in Default?

Students can lower their monthly student loan payments by hundreds of dollars a month if they have graduated from college and find they can no longer make their monthly payments due to unemployment... Read More »