What happens if you default missed payments on your student loan?

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Mya Davis asked a question: What happens if you default missed payments on your student loan?
Asked By: Mya Davis
Date created: Sat, Apr 10, 2021 7:23 PM
Date updated: Wed, Jun 22, 2022 8:02 PM

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Top best answers to the question «What happens if you default missed payments on your student loan»

When a Student Loan is Considered to be Delinquent or in Default. Should at any time you fall behind in your student loan payments your account will be considered delinquent… Delinquent account holders could also face increased interest charges, wage garnishment, property liens and additional legal actions.

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