Don't Default On Your Student Loans
Defaulted Student loans are a double-edged sword-they allow you to better yourself, but in the process, often cost more than expected.
After graduating, or at some point in your career, you may find yourself unable to make payments on your student loans, resulting in default. Once you have defaulted, a student loan requires the full balance of the loan becomes due immediately. It also means that other options for delaying payment, including student loan deferment and forbearance, can no longer be used. But before that happens, realize this: you have options for student loan relief. When working with Default Student loan assistance to help facilitate a federal consolidation, you can lower your monthly payment amount, preventing a default in the first place and these following consequences:
- Wage garnishments
- Tax offsets
- Losing professional licenses
- Reduced credit score
- Lawsuits or judgments
- Harassing phone calls at work or home from predatory collection agencies
- You'll be ineligible for loan deferments and forbearance
If you've already defaulted on a student loan, we can help with that too. We work with many defaulted clients and can help get your financial goals back on track and make student loan payments easier for you in the process.
Contact us today using the form on the left and learn more.