Administrative wage garnishment effect on future student loans

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Send message to promotemma
Sub: #1 Administrative wage garnishment effect on future student loans
Replied on 09-17-2011, 01:51 PM
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I recieved a letter for the intent to initiate garnishment, however I have no job and I'm currently a student. The debt is from the Department of Treasury and is not a result of defaulted student loans. I'm wanting to know 2 things.
1) will it show up on credit report? I'm pretty sure from my research that it will not, but I wonder if after some length of time not getting any garnishments will the agency pursue a judgement?

2) Will it have any impact on receiving future student loans?

Thank you in advance




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Send message to good.nelly
Sub: #2
Replied on 09-18-2011, 08:52 PM
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It may become difficult for you to get student loans in future. You may check out the following url to get some useful information:

"http://www.studentloanborrowerassistance.org/collections/government-collection-tools/admin-wage-garnishments/ "





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Send message to SOAPLADY
Sub: #3
Replied on 09-19-2011, 04:55 AM
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The OP's debt has nothing to do with a defaulted loan but some other federal debt.

You should not have any problems getting a student loan.

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