Do you need help with your defaulted loan?
No, I have no idea who I should contact for my defaulted student loan help.
Can you tell me what happens after my defaulted loan has been consolidated?
Actually, you Direct Consolidation Loan will be eligible for benefits such as deferment, forbearance, and possibily loan forgiveness and you could also be eligible for more federal student aid.
Will my wage garnishments from my loan holder last under loan rehabilitation?
Yes, wage garnishments or any involuntary payments could continue even after you have been making payments under the loan rehabilitation agreement but they will not be counted toward your mandatory nine payments.
What will happen if I rehabilitate a defaulted loan?
Your default will be taken off your credit history; but your credit history from your late payments will still be on it.
Is there a particular plan I can repay my Direct Consolidation Loan?