What are the consequences of defaulting on a private student loan?

Related FAQs

Are there any federal grants available to help cover educational costs?
Are there any private student loan lenders that offer lower interest rates?
Are there any second chance student loan programs?
Are there any grants or scholarships that provide student loan debt relief?
What are my repayment options?
Are there any special programs or incentives for students who take on student loan debt?
Are there any special programs to help those with loans from foreign universities?
Are there any restrictions on how long I can have a student loan?
How do I qualify for a loan discharge due to my disability?
Are there any student loan repayment plans that allow for income-driven repayment?

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