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Probably not but it could happen.If the person hasn't made payments for more then 3 months then something could be done about it.
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∙ 12y ago
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How can you make a settlement on your student loan?
No you cannot settle student loan debt for less than what you owe. Student loans are federally backed, and will find that student loan lenders will not settle for less than the principal balance that you owe them. The best they can do is offer a deffered payment plan or a forbearance.
How do you find out how much you owe on a garinshed student loan?
Ask the lender.
Will you get your stimulus check if you owe on a student loan and you are currently making payments on it?
Yes.
How do you find out what your outstanding student loan is?
You'll need to find out what lending institution has taken over your student loan. Once you know who you owe to, just call them.
If you have bad credit and owe a lot on credit cards plus previous student loans can you get a new student loan approved?
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If you cancel a student loan and still owe less than 200 dollars will this prevent you from receiving a grant that you qualify for?
No, as long as you are not in default on the loan.
Can you use a loan payment calculator to help manage your student debt?
You can use a loan calculator to help you figure out your student dept. Also you can do it yourself. Just figure out how much you owe and then how much you have already paid. Then subtract the two and you will get your sum of how much you owe now.
How do you find out how much you owe in a private student loan eg BOA's student maximizer loan?
WWW.AESSUCCESS.ORG that is the new lender, not Bank of America (anymore). So from now on you will be paying bills directly to them.
Can you get a car loan if a student loan is in default?
Auto finance companies are very leary to lend to people that owe the government, so the answer is most likely no. Yes of cours you can get car loan if a student loan is in default there are many online sources which provide car loans for students.
Can you get a loan if you owe another lender?
can I get a loan if I owe another lendor/
If a student loan disappeared off your credit report but you still owe money on the loan can they put it back on your report?
It would depend on the type of student loan. Federally guaranteed student loans have no expiration under existing laws, and will indeed reappear and can be collected on and sued over until they are paid.
If someone dies while they still owe student loans can the government take the money from life insurance policy?
In most cases student loans include a clause that cover the event of the person's death, usually by having the loan written off completely. You should doublecheck the loan agreement for what happens if the person dies, just in case it unfortunately does occur.
