Are there any programs available to help me get out of default on my student loans?

Yes, there are programs available to help you get out of default on your student loans in California. Depending on the type of loan you have, you may be eligible for certain loan rehabilitation or consolidation programs. One program, called the California Rehabilitation Loan Program, is available for borrowers in California with federally insured student loans. This program allows you to make manageable monthly payments to get out of default and into good standing. If you have multiple student loans, you may qualify for a Direct Consolidation Loan. This is a type of loan that combines all of your loans into one loan with one monthly payment. By consolidating your loans, you may be able to get a lower interest rate or a better repayment plan. You may also be eligible for deferment or forbearance. Deferment allows you to postpone repaying your loan for a certain period of time, while forbearance allows you to temporarily reduce or suspend your payments. Both of these options are available for borrowers with federal student loans. Finally, you should contact your lender to discuss your options. Your lender may be able to provide you with more information about loan rehabilitation or consolidation programs.

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Are there any programs available to help me get out of default on my student loans?

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