My loans have been many years in default. Borrowing took place about 14 years ago. I’d like to get out of default before June 30th but really just asap. I’m worried if I rehab the loans (all federal) since it takes 9 months, could it be interrupted by whatever this administration is going to do for collections. Is consolidating the way to go, since it’s the quickest way out of default.
I’ve never rehabbed these loans so do I lose that option for the future if I find myself falling behind again after consolidating?
I plan to start from scratch and hopefully find something in PSLF in near future.
Been staying at home with babies who are starting school this year.
Been frozen afraid to make moves on these and with all the changes have been waiting for the right options.
Rap would be fine I guess but isn’t a June 30th deadline important here??
Any help is appreciated
Getting out of default
byu/Waste_Hedgehog_1024 inStudentLoans
Posted by Waste_Hedgehog_1024