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21yr default student loan

Date: Mon, 08/15/2005 - 06:27

Submitted by anonymous
on Mon, 08/15/2005 - 06:27

Posts: 202330 Credits: [Donate]

Total Replies: 3


is it possiable to get this 20yr student loan discharge,i've made paymnts aprox 4,000.00 sporatically,original loan 2500.00.Also the school lied to me,and refused to give my certificate


Hi Sonia

This company does not consolidate the student loans. You can consolidate your student loans with some government agencies who will be offering your lower interest rate.

People consolidate their student loans by refinancing their mortgages so that they can reduce their monthly payments.


lrhall41

Submitted by ben on Mon, 08/15/2005 - 10:10

( Posts: 2034 | Credits: )


I'm not looking to pay this default loan anymore,I've paid enough.Im lookn for a way to get it discharged,because of the age,how much i've paid,and i had no HS/ged when i got it,etc.Can someone tell me
how i can aply for a discharge?I'm not lookn for consolidation.


lrhall41

Submitted by on Mon, 08/15/2005 - 11:04

( Posts: | Credits: )


Hi Sonia

Welcome to the forums.

You may call the Federal Student Aid Information Center at 1-800-433-3243 (1-800-04-FED-AID) and inform them that you wish to discharge the said loan in default.

If the loan is with the guarantor agency, then you should deal with them. If it is with the Department of Education, then you should deal with them.

To apply for a discharge, you have to submit a written notice.

You will also have to attest to other matters specific to the reason you are seeking the discharge. For example, you will have to produce the false certification of your school.

Regards
Roxette


lrhall41

Submitted by roxette on Mon, 08/15/2005 - 11:42

( Posts: 4009 | Credits: )