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What does it mean when you are in default on your student loan?

Victoria Fowler

in Student Loans

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Ronald Miller on October 8, 2018

In the united states, if you do not pay your student loans for 270 days they become default. When they become default, the collection agency will start to garnish your wages, and the government will keep all future tax return refunds. You should consolidate your student loans and prevent the wage garnishment. You can get a income-based repayment plan and pay as little as $0 a month, in defense of their revenues and their dependents. If you want help with the consolidation of your student loans, click on the link below.


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