How to get payments out of default

Have you fallen into the student loan default pit? It’s okay. You may be experiencing a lot of feelings right now – discouragement, fear, shame, anger. That’s normal. Although student loan default seriously sucks, it’s not the end of your world. It’s important to remember that you can climb out of that pit. There are three main options to get student loans out of default: repayment in full, consolidation, and student loan rehabilitation. Not making payments on your student loans was what got you into student loan default, so it makes sense that getting out of default requires some amount of money being paid towards your balance. The key difference between these options is how much money you pay upfront to get out of default.

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