If several loans are in default how can you find out who holds the loans and is there a phone number to call?

Answer 1

A consolidation loan will allow you to get an income sensitive payment that will fit your budget, or you can file for deferment or forbearance.

CALL THE DEPARTMENT OF EDUCATIONS LOAN FINDER LINE. THE NUMBER IS 800 621 3115

If they are federal student loans, you can also check the National Student Loan Database (nslds.ed.gov) which is the government's central database of student aid. If you have private student loans, there is no central place that tracks these. Best idea is to check your credit report. You can get a free yearly report at annualcreditreport.com.

Answer 2

The U.S Department of Education maintains a couple websites that will be very helpful to you.

1. Official Department of Education: Student Loans [ed.gov]
Provides general information and additional links about Student Loans and Loan Forgiveness.

2. Federal Student Aid [studentaid.ed.gov]
The site is both an informational site and the official account management portal for students with loans/grants or who seek them.

• Create a Federal Student Aid ID (FSA ID). Required to open account and complete FAFSA.
  
• Link up to your FAFSA application
• Find out your loan summary, details, status.
  
• Find out your loan servicers.
  

3. FAFSA [fafsa.gov]
Complete, submit, and manage your FAFSA application online.