I am in default on my student Loans what do I do?
473019
when you get this answer send it to me too. I am in the same situation sorry i am no help
800337
You don't mention if you have a job.  If you do, you could either ask your employer for an advance on your paychecks or you could go to one of those paycheck loan places where they will loan you the money, at a high rate of interest, but it's better than being homeless.  Also, have you asked your parents or relatives?  One other thing, check your university's social services dept. (if they have one) and ask a counselor there for help.  \n\nIf you don't have a job, get one!  If you've been paying your rent on time in the past and this is the only time you've been late, your landlord might cut you some slack when you show him that you are really trying to get your life back on track.  Set up a payment plan with him and stick to it.\n\nIt's good that you're learning a valuable lesson now, while attending school, and it's not even part of your curriculum.  Your credit history/rating will be one of your most valuable assets as you go through life.  Protect it and do all you can to keep it healthy.  That way, when things happen to cause unexpected financial problems, you have options.
638498
try to consolidate your loans and set up payment arrangements that can fit your budget ...or try to find some federal programs that will either reduce or total eliminate your debt by partcipating in them and possibly getting a good job while doing so
81996
Actually, there is a way out of most student loans. If it is a federal loan read the paperwork very carefully. Federal loans have a clause stating that you do not have to pay it back if you end up with health problems that cause full disability. Read your loan. See your physician. You will need a letter from the physician.
787669
www.experian.com\nCheck your credit reports, like Experian, and they will show you your defaulted loan.  Also, call the company you have the loan with and they should mail you the information or refer you to the collection agency that is now handling your loan.
178241
get a sallie mae loan through the school that you will be attending make sure you are caught up on all of your previous loans
230457
No. You can not be in default on another student loan and expect to get another loan. You will be declined for sure.
1167746
No go ahead and consolidate them. You should if you get any other student loans be able to add them on. I'm pro for student loans.
682452
Contact your local tax office to find out exact procedures.\n\nAlso if you have student loan repayments you will have to contact them too.
391715
Talk seriously with the company or loan agent.  Lay down your cards.  They will be happy to know that your are sincere and willing to pay under reconstruction basis.  It pays to be honest and pay your debts.  Most people I know are not responsible enough.  I am proud of you.  Goooooooooo. Boy.  They'll understand you.  Trust me.
805882
You can apply for stafford loans or private loans within your school.. go to the Financial Aid office and they should be able to help you out.
1020388
If you are indeed half-time, your federal loans (and most private loans, too) should be at an "in-school deferment" status until after you graduate. Only if you drop *below* half-time status will you need to begin repayment.  So...\n\nCheck with your Registrar (or whatever comparable office determines your credit-load and graduation status) to ensure that they do indeed consider you at least "Half-time" (not to be confused with "part-time" or "less-than-half -time"). Sometimes, lenders aren't always properly notified of their students' enrollment statuses -- particularly if your "anticipated graduation date" has changed since you first borrowed your loans. If your school says you are "half-time," then the most you should have to do is complete an "In-School Deferment" form for each lender you have. This form, which your Registrar certifies, will let your lender(s) know that you are eligible for deferment.  Simple as that! You can download the Stafford Loan form here: http://ifap.ed.gov/dpcletters/attachments/FP0606SCH.pdf\n[If you have Perkins or any private loans, you'll need to get  similar forms from the loan holders.]\n\nUntil this gets straightened out, though, don't just let those bills sit there collecting dust; you might need to make a payment or two. The last thing you want to do is is become delinquent (or, worse, default) on these loans before you're even done with school.  If you can't make a payment, contact your lenders, explain the situation, and see if they can offer you a deferment.  If they can't do this they should, at the very least, be able to offer you a forbearance on your loans \n\n* The primary difference between deferment and forbearance is that, in a forbearance, interest will accrue on all your loans, even on subsidized ones. However, forbearances tend to be easier to obtain than deferments.
801488
The first thing you need to do is get a job. Once you have money coming in talk to your creditor and try to work out a repayment schedule. Don't ignore them. Once you make an agreement with them make sure you stick with it and pay more if you can. You may be able to work out a lower amount to pay them or a reduced interest rate, but make sure you get any agreement in writing. You have already damaged your credit, but it isn't anything which cannot be corrected. Unless you straighten this out you may find it difficult to find a better paying job when you graduate from college. Some companies will check your credit before making a decision to hire an applicant.
1076317
Make sure you consolidate and try to do it fast cause the rates are going up soon.  Watch taking out another loan to pay off, compare interest rates but get a payment you can afford.  If you default on a student loan, the government can garnish your wages, take tax returns and all professional licenses are subject to being revoked.  Good luck!!!
657100
Providing you havenet used it yet, student loans come wiht what is called a forbearnce. Its used in times of hardship. YOu need to call your loan provider and see if you can apply for them. You may not be able to now that you've defaulted but its worth a try. the forbearnce will bring you current, and maek it so you only have to pay the intrest on you loan. I had to use it.
311143
Hi, RecoverySue:\n\nFirst, your credit report is NOT the best indicator.  Don't rely on that.  Sometimes, it takes months or even years (if ever!) before a creditor reports to a credit agency.  If they don't report on a regular basis, you could still owe money and be delinquent, and never know!\n\nHopefully, you still have your loan paperwork.  If so, contact the phone number listed ASAP.  In general, I've had good experiences with student loan companies, however, they have hundreds of thousands (millions?) of accounts so don't rely on them to follow up with you.\n\nIf you don't have your loan paperwork, contact your college for the contact information for the loan company.  They should have it.\n\nIn general, the guideline is this:  If you dropped out of school DURING the allowable time and you were entitled to a refund of your tuition, then that tuition money should've been credited back to the financial aid office.  However, if you dropped out AFTER the deadline and you can't get any refund, then you may be (and probably are) still responsible for 100% of the tuition that was loaned to you.\n\nWhatever you do, don't delay in finding out.  The longer you wait, the harder it is to get copies of medical records and other information that may help strengthen your case.  Also, if you need to be put into a repayment plan, you need to know that ASAP before your loan goes into default (which results in higher interest payments, nasty letters, etc.).\n\nI've attached the link below to the FSA/US DOE Web site, which may help you, if all other attempts to contact the school and reference your loan paperwork fail.\n\nGood luck!
650970
Contact your current loan provider and inform them of your changing situation and when you begin your new school inform them of your previous loans and they will be better equipped to help you solve your problem.