Published on 2011-04-04 17:37:56 By admin
Wouldn’t you like to know how to consolidate your defaulted student loan and still get the benefits of Income-Based Repayment (IBR)? Contrary to information you find in the Internet suggesting you are not entitled to the benefit of a reduced monthly payment plan under IBR. In searching the Internet I found that most sites tell [...]
Published on 2010-10-19 11:20:12 By elvisjx1
Steven Milstone asked: People that default on their student loan usually find their credit drop. A bad credit rating is not the only outcome of not taking this loan seriously because you may be liable to wage attachments and income tax refunds from the government will be stopped. Defaulting on your student loan is avoidable [...]
Published on 2010-10-19 02:42:58 By elvisjx1
Justin Hutto asked: If you have defaulted on your student loan you are in a difficult position. Not only are you likely to have to repay this debt your credit will be ruined.When your student loan goes into default, your account is turned over to collection agencies and various collection procedures begin. In addition, the [...]
Published on 2010-10-19 15:53:04 By elvisjx1
Jim Kemish asked: There is Still Hope!There is no statute of limitation for collection of student loans. Forget about hiding out until the collectors give up and fade away. They will hunt you down forever. And to make it worse student loan collectors have special powers that can make your life a misery. Fortunately federal [...]
