Want this question answered?
A Federal student loan is considered in Default at 270 days of nonpayment.
It is: MMMLX = 3060
3060
3060
3060
The LCM of 3060 and 135 is 9180
3060 divided 36 = 85
If you are in default on federal student loans you are not eligible for financial aid until you get them out of default.
If you are still in default on a federal student loan, no.
If they are under 180 days late, you should be ok. If over 180 days delinquent, then you are in Default and may have your tax refund applied to your student loan balance.If you need help getting out of default, or getting a garnishment lifted, then contact Default Management Services, Inc. for help. You can Google the name for a phone #. Ask for Doug, he is knowledgeable.
Default 270 days past due for federal loans. For private it varies and you have to read your loan agreement. Delinquency is not paying the full payment amount due, the day it's due.
In the US, the answer is usually not. A wage garnishment by itself will never get you out of default. To get out of a Default status, you must either consolidate your Federal loans or enter into a Rehabilitation program. The rehab program involves 9-12 on time payments, but these payments are separate from garnished wages. Consolidation is the easiest way out. Most lenders these days do not offer consolidation, but one company can help you get consolidated by a Federal lender, they are defaultms.com