What would happen if I were to default on my student loans?

Answer I don't think it's worth the risk. If you default and since they are federal loans, you are liable to lose any income tax refund in the future. If you call them and cite financial hardship as you... Read More »

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What Loan company will take over my federal student loans when the loans are in default?

When your federal educational loans are in default, you have several options:You can repay the loan in full.You can negotiate a new payment plan with your lender.You can "rehabilitate" your loan.Yo... Read More »

How to Default on Student Loans?

Student loans seem like a good way to finance a college education. Interest rates on student loans are low, and borrowers don't have to start repaying student loans as long as they continue to go t... Read More »

Student loans in a default?

try to aim for grants/scholarships more... they are not to be paid back. its confusing sometimes, but just keep applying. every big (and small) company you see (manufacturer, orgs, corps and groups... Read More »

What will happen if i default on internet payday loans?

On One Hand: Payday Loan DefaultsA payday loan is a short term loan issued to provide financial assistance until the borrower's next paycheck arrives. Payday lending is legal in 37 states and can b... Read More »