Student loan in default?

Answer 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 »

Top Q&A For: Student loan in default

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 »

How to Prevent Student Loan Default?

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 »

How Can You Go Back to School if You Are in Default on a Student Loan?

Going back to college can be a challenging task if you're in default on federal student loans. Unless you plan to pay for your education out-of-pocket, then you will need to get your student loans ... Read More »