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 are the eligibility criteria for student loan forgiveness?
Are there any restrictions on how long I can have a student loan?
Are there any programs or incentives for students who take on student loan debt?
Are private student loans eligible for the same repayment advantages as federal student loans?
Are there any tax credits or deductions for student loan payments?
Are there any special rules for graduates attending medical school?
Are there any grants or scholarships available to help with student loan repayment?
How do I know if my student loan has been approved?
What are the advantages of consolidating my student loans?

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