In the US, a Federally Guaranteed student loan is considered default after 270 days on non-payment.
If you need help with your delinquent or defaulted student loans, click on the link below.
Can you still get financial aid if you are in default on a student loan?
In the United States, you cannot receive Federal student aid if you are in default on a Federal student loan. If you have defaulted on a private loan, this will depend upon where you are trying to get additional student aid from. ...
Can you get a student loan if a student loan you co signed for is in default?
It will depend on what type of loan it was that you co-signed for and is now in default. The federal government will probably not give a loan, but a private bank may if you can present a good case about why that default is not representative of how you run your finances. ...
What are the release dates for Default The Student Loan Documentary - 2011?
Default The Student Loan Documentary - 2011 was released on: USA: 21 October 2011 ...
Asked in Personal Finance, Loans, Student Loans and Financial Aid, Debt Consolidation, Money Management
Can you get a student loan default off credit?
Actually, the default will stay on your credit indefinately until you get out of default. Student loan default on Federally Guaranteed student loans has no statute of limitation. If you consolidate your defaulted student loans, they will show up as Paid In Full on your credit report. You can get help with the consolidation of your student loans through www.defaultms.com Any default is going to stick around for about 7 years. ...
A student loan is considered default after?
In the US, a Federally Guaranteed student loan is considered default after 270 days on non-payment. If you need help with your delinquent or defaulted student loans, click on the link below. ...
What happens if you default on a graduate student loan?
Most loans have consequences when you default like reporting negatively to the credit bureaus, garnishment of wages to repay the loan, ineligibility to get another student loan if needed; many late fees, and even a lawsuit to collect on the loan. ...
Can a wife get a student loan if her husbands student loan is in default?
In the US, yes you can. If you want help with the consolidation of your husband's defaulted student loans, click on the link below. ...
Can you file for a student grant if you still owe on a student loan?
You can apply for a student grant (financial aid) but you have to qualify to be able to receive the grant and you cannot be in default on your loan. ...
Asked in Auto Loans and Financing, Personal Finance, Loans, Student Loans and Financial Aid, Money Management
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. ...
When having a student loan does the government stop paying you your child care benefits?
If you are in default on a student loan, any payments due to you from the government may be withheld and applied to the loan. ...
Asked in Federal Loans and Mortgages
Will the IRS take federal on delinquent student loan or state taxes?
If your Federally Guaranteed student loans are in a Default status then the collection agency will place your name on the Tax offset list. Once on this list, you will not receive a tax refund check, instead it will be credited 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. ...
Can you still get a student loan if you are in default on another loan and you just filed bankruptcy?
No. and Yes. The default on your prior student loan must be addressed and the loan rehabilitated before you're eligible for more student loans. The bankruptcy would only affect you if you had a defaulted student loan that was written off in the bankruptcy. Otherwise, bankruptcy doesn't prohibit you from applying and received federal student loans. Student loans are NOT automatically written off in bankruptcy and take extra steps with the courts. ...
Can a parent get out of a co-sign default student loan?
Probably not - the reason a parent had to co-sign on the student loan is so the bank gets its money back if the student defaults. Unfortunately, you are probably on the hook for all the money and the default will be reported on your credit report. ...
Asked in Student Loans and Financial Aid
Can you defer your student loans while in part time employment?
You can defer your student loan payments while in school. Typically student loan payments are not deferred due to employment status. ...
How does a student loan forbearance affect your credit score?
A loan in forbearance permits a student to temporarily postpone their federal student loan payments. Or, the forbearance temporarily reduces the amount the student pays. Your student loans may show up on your credit report while in repayment status or out of deferment. ...
Asked in Personal Finance, Loans, Co-signing, Student Loans and Financial Aid, Credit Reports, Money Management, Credit
If a parent cosigns a loan that goes into default and the loan is paid in full what happens to the default status on the credit report can it be removed?
If in the US, then yes. The default will be replaced with paid in full. Simply send proof of the payment to the three credit bureaus. ...
Asked in Tax Refunds, 2009 Economic Stimulus Plan
If you owe student loans will you get a stimulus check?
You can receive a Stimulus check is you get out of Default with the loan company. ...
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.