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Submitted by hsanidad08 on Sun, 12/19/2010 - 23:29
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if i didnt get to pay my remaining balance on my financial aid / student loans, are they gonna take my income tax?? what happens if i dont pay them?


Hi!
Welcome to the forums!
If you don't pay off the remaining balance on your student loan, then IRS may withheld your future income tax refunds. Apart from that, lender can assign your account t to a collection agency. He can even file a lawsuit against you for non-repayment of the student loan. Your lender may even secure a judgment order and garnish your paycheck or savings account.


Submitted by Good Nelly on Mon, 12/20/2010 - 01:39

Good Nelly

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