Best report
ϟ
Mar 9, 2010
OMG yall need to take this seriously!
Having a defaulted student loan is the worst thing every!!!
I was able to get on a program to rehabilitate my loan its called "The Student Loan Rehabilitation Program," the benefits of the program allows me to
1. My student loan will be back into GOOD standings, it gets removed from default status
2. I will no longer be subject to the offset of tax refunds or other government payments
3. I will have renew eligibility for additional student loans threw "Title IV Student Aid"
4. AND THE BEST PART!!! I will get it taken off my credit report AS IF IT NEVER HAPPEN!!!
Now just for yalls 411 if you dont set up into payments then you can go under WAGE GARNISHMENT! That starts at 15% of each paycheck or more, oh if you work for the government then it starts at 25% of each paycheck or more and they can garnish anybody's wages without going to court or without your permission!
Yea thats not a good thing when you get your check & see almost half of it being taken away & now even knowing about it! It really sucks when you are expecting your paycheck to cover your rent then you get your check & your say "holy [***], WFT am I being garnished for!?!"
Oh another thing i learned in all my research is...
I got to keep my tax refund just by making 4 payments then filing!
AND for those who think its just better to be garnished....ITS NOT!!! A GARNISHMENT DOES NOT HELP AT ALL, AND IF IT WAS TO PAY OFF YOUR DEBT THEN IT WILL SHOW GARNISHMENT PAID ON YOUR CREDIT REPORT!!!!! Try having that on your credit report & see if anyone gives you a loan now...
Oh you wanna buy a car? SORRY YOU HAVE A GARNISHMENT ON YOUR CREDIT!
oh wanna buy a house? NOPE SORRY THEY WONT GIVE YOU A LOAN NOW!!
People do what i did & call and ask about the Student Loan Rehabilitation Program :) I called the toll free number on my voice mail. It was 866-744-1169 ext 3981
Having a defaulted student loan is the worst thing every!!!
I was able to get on a program to rehabilitate my loan its called "The Student Loan Rehabilitation Program," the benefits of the program allows me to
1. My student loan will be back into GOOD standings, it gets removed from default status
2. I will no longer be subject to the offset of tax refunds or other government payments
3. I will have renew eligibility for additional student loans threw "Title IV Student Aid"
4. AND THE BEST PART!!! I will get it taken off my credit report AS IF IT NEVER HAPPEN!!!
Now just for yalls 411 if you dont set up into payments then you can go under WAGE GARNISHMENT! That starts at 15% of each paycheck or more, oh if you work for the government then it starts at 25% of each paycheck or more and they can garnish anybody's wages without going to court or without your permission!
Yea thats not a good thing when you get your check & see almost half of it being taken away & now even knowing about it! It really sucks when you are expecting your paycheck to cover your rent then you get your check & your say "holy [***], WFT am I being garnished for!?!"
Oh another thing i learned in all my research is...
I got to keep my tax refund just by making 4 payments then filing!
AND for those who think its just better to be garnished....ITS NOT!!! A GARNISHMENT DOES NOT HELP AT ALL, AND IF IT WAS TO PAY OFF YOUR DEBT THEN IT WILL SHOW GARNISHMENT PAID ON YOUR CREDIT REPORT!!!!! Try having that on your credit report & see if anyone gives you a loan now...
Oh you wanna buy a car? SORRY YOU HAVE A GARNISHMENT ON YOUR CREDIT!
oh wanna buy a house? NOPE SORRY THEY WONT GIVE YOU A LOAN NOW!!
People do what i did & call and ask about the Student Loan Rehabilitation Program :) I called the toll free number on my voice mail. It was 866-744-1169 ext 3981