What Happens If I Default on My Student Loans?

 

Defaulting on a student loan can have serious and long-lasting consequences. Avoid it if at all possible.

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If you don't make required payments on a student loan, you'll end up in default--and face serious, long-lasting consequences. Your credit will be badly damaged, you'll end up owing more money, and you may find yourself in court.

For more information on default, select your state below.


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Jurisdictional relevance: US

Legal Consumer - Law. The content of this article pertains to all US states and counties.