I’ve got $80,000 in private student loans. I’ve refinanced twice and I’ve finally reached the point where I can truly no longer afford them any longer. With daycare, mortgage, and everything else piling up, I fear I have no choice but to stop paying them.
This leads me to my actual question. Has anyone defaulted on their PRIVATE student loans? If so, what does the process look like? Mine are currently with SoFi and I love the company but I don’t have the ability to afford them anymore.
Posted by TheSmokingCrab9