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

Related FAQs

How long does it take to receive student loan funds once I’m approved?
What is the maximum amount of student loan debt I can take out?
What student loan repayment plans are available?
Are there any programs available to help me refinance my student loans?
What are the differences between federal and private student loans?
What is the best way to pay off my student loans?
Are there any special rules for graduates attending medical school?
What are the requirements to receive student loan deferment?
Are there any special programs for students with disabilities?
Are there any student loan repayment programs available for public service employees?

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