Comments on: Student Loan Debt Collectors And How To Contact Them

By: Robert Farrington

Robert Farrington — Tue, 05 Jul 2022 18:35:42 +0000

In reply to Dawn. It depends on the loan type - federal or private. Your options are based on that. Do you know what you have?

By: Dawn

Dawn — Tue, 05 Jul 2022 14:50:08 +0000

I’ve had a student loan for 36 years I’m 64 years old this school closed on me and they still don’t want to dismiss it I only owe $3,000 and something

By: Robert Farrington

Robert Farrington — Sun, 21 Mar 2021 23:18:56 +0000

In reply to D. Ross. You can reconsolidate to get out of default, but the default stays on your credit. Sounds like you've made great progress. I personally would consolidate then keep it up and work to eliminate the loan.

By: D. Ross

D. Ross — Sun, 21 Mar 2021 15:32:03 +0000

In May of 2019 I was sent a letter that my defaulted loan was rehabilitated and recalled. My auto payments were immediately dropped. I called National Credit Services who I was rehabilitating with. They told me to contact the DOE. I called the DOE and they said to wait on further instruction. I went to the woefully user UNfriendly website and couldn’t even log in with info I KNOW was correct. In the mean time, sometime in late 2019 I was sent a letter that my taxes would be garnished for nonpayment. I must have overlooked the letter in the mail, and indeed my tax refund was garnished. I ws never otherwise contacted by the DOE. That feels a little like unfair practice and sneaky when I thought I was doing everything right. I am now paying on the once-again defaulted loan (still with NCS) and am not afforded another opportunity to rehabilitate. Thanks to COVID measures, I have paid down all the interest and am down to principle. Is this my only option for taking care of the loan at this point?

By: Robert Farrington

Robert Farrington — Wed, 18 Dec 2019 16:58:21 +0000

In reply to Ayrinne Lewis. Start here: How To Find Your Old Student Loans. Then do this: Get Out Of Student Loan Default.