Defaulting on my loans

Started by NewGuyBob
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NewGuyBob

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Hey guys! Need info...
I missed one of my loans (don't ask me how) when I consolidated and now the little bastard is going into default!! There is nothing I can do about it at this point. What should I expect now? I mean other than my credit being crap. Thanks!
 
Did you call the servicer to try to work out a payment plan (assuming you can't afford the full payment right now)? What did they say?
 
I'm sure they would rather have your money is some way..so call them and work out a payment schedule. Ask them to balloon the payments so that when you enter private practice you can pay more...DOn't ignore them or they will make your life hell!!!!!!GL
 
Thanks for your response...
I'll talk to them again today, see what they say.