Consolidating my defaulted loan

Join thousands of college graduates who've already:

- Cut their monthly payments by as 50 percent! - Removed wage garnishments and monetary judgments against them!

- Consolidated countless loans into just one streamlined monthly payment! - Dramatically improved their credit rating and score!

Don't wait until your situation spirals even further out of control.
Call 877.730.5368 or complete our quick online form to request a no-obligation personal phone consultation, today! You have absolutely nothing to lose.

To qualify for Direct Consolidation Loans, borrowers must have at least one Direct Loan or Federal Family Education Loan (FFEL) that is in grace, repayment, deferment, or default status. Loans that are in an in-school status cannot be included in a Direct Consolidation Loan.

NOTE: Borrowers whose consolidation applications are received on or after July 1, 2010 and before July 1, 2011 may qualify to consolidate loans that are in an in-school status into a Direct Consolidation Loan.

TWO CONDITIONS FOR DEFAULTED SL:

Borrowers can consolidate most defaulted education loans,
a) if they make satisfactory repayment arrangements with their current loan holder(s) or b) agree to repay their new Direct Consolidation Loan under the Income Contingent Repayment Plan.

Borrowers who do not have Direct Loans may be eligible for a Direct Consolidation Loan if they include at least one FFEL Loan and have been unable to obtain a Federal Consolidation Loan with a FFEL consolidation lender or have been unable to obtain a Federal Consolidation Loan with income-sensitive repayment terms acceptable to them or intend to apply for loan forgiveness under the Public Service Loan Forgiveness Program.

Borrowers who have only a Direct Consolidation Loan cannot consolidate again unless they include an additional loan.