Student Loan Pitfalls: Dangerous Default

Student Loan Pitfalls: Dangerous Default

by Alan Smith
     
 
The student loans just like the other forms of financial aid are a service that is subject for repayment. However, although aware of such fact, many borrowers still fall to the trap of walking away from student loan debt which then results to series of consequences. They tend to ignore their being summoned to enter repayment usually either 90 or 120 days after

Overview

The student loans just like the other forms of financial aid are a service that is subject for repayment. However, although aware of such fact, many borrowers still fall to the trap of walking away from student loan debt which then results to series of consequences. They tend to ignore their being summoned to enter repayment usually either 90 or 120 days after separating from school or after dropping below half-time enrollment. With this, the loans remain delinquent for 270 days or become 270 days past due at any time, leading the loans to “default” status.

Product Details

ISBN-13:
2940015727623
Publisher:
Alan Smith
Publication date:
11/17/2012
Sold by:
Barnes & Noble
Format:
NOOK Book
Pages:
7
File size:
91 KB

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