student loans
Date: Fri, 02/04/2011 - 20:01
What can I do to get NCO financial off my back? I made the mistake of letting my student loans go into default, and now I'm dealing with a debt-collection agency, and they will not work with me on a payment plan, and have lied to me about things they have said, and basically are giving me the run around. I owe about $16k, and I am wanting to pay back what I can, but I feel like I'm getting nowhere. I would like to work with someone else completely on paying back my loans but do not know what my options are. I also am scared they will take my tax return (although the said they wouldn't) My husband has been laidoff for over a year so I'm living paycheck to paycheck as it is.... any advice would help
I am going to assume this is a federal loan. Once you default
I am going to assume this is a federal loan.
Once you default on a student loan, you do not have a lot of options. You had the payment options prior to default including deferment and forebearance. Did you consolidate your loan?
If you have been in default for a year, your taxes probably will be taken. Please give more details as to how they are giving you the runaround.
