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

Related FAQs

How do I calculate my monthly payments on my student loans?
What are the consequences of defaulting on a private student loan?
What is the difference between a loan deferment and a loan forbearance?
Are there any programs available to help me refinance my student loans?
Are there any special programs for members of the military or veterans?
Are there any restrictions on the use of student loan funds?
Are there any government programs to reduce the interest rate on student loans?
Are there any special programs or incentives to help me pay off my student loans?
Are there any financial aid programs specifically for veteran students?
Are there any grants or scholarships that can help with student loan repayment?

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