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

Related FAQs

How do I find out if I qualify for student loan debt consolidation?
Is there a grace period after graduation before I have to start making payments?
What are the eligibility criteria for student loan forgiveness?
What are the requirements for getting approved for student loan consolidation?
Are there any restrictions on how long I can have a student loan?
Are there any tax credits or deductions for student loan payments?
How much can I borrow in student loans?
How do I consolidate my student loans?
How have recent changes in the law affected student loan repayment?
Are there any limits on how much student loan debt I can have?

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