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Defaulting on a Student Loan

by Cliff
(Hempstead, NY, USA )

If I default on a student loan and I am never able to pay it or bring it current again, how many years will it remain on my credit report?

Comments for
Defaulting on a Student Loan

The government has powerful tools to use against borrowers who don't make student loan payments.

So actually defaulting on a student loan will be very unlikely. They will come after you with a variety of tools including:

1. Tax Refund Offsets
2. Wage Garnishments
3. Federal Benefits Taken Away
4. Lawsuits






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