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

Related FAQs

What student loan repayment plans are available?
Are there any programs available to help me refinance my student loans?
Are private student loans eligible for the same repayment advantages as federal student loans?
Are there any fees associated with student loan servicing?
How do I apply for student loan forgiveness?
How does interest accrue on my student loans?
Are there any government programs to reduce the interest rate on student loans?
Are there any second chance student loan programs?
Are there any federal grants available to help cover educational costs?
What are the advantages of consolidating my student loans?

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