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Defaulting on Private Student Loans

If you default on Federal Student Loans, the U.S. Government has many collection tools at it’s disposal. They can take your tax refund, garnish wages and bank accounts – without suing you. However, private student loan collectors do not have as many...

Getting Federal Loans Out of Default

The federal student loan default rate continues to rise. It’s very difficult for borrowers to repay the loans when they’ve often settled on a job that does not pay as much as they had hoped or may not even be in their field of study. How do you get federal...