Wondering ways to get away from education loan delinquency and default? Then read all about the meaning, impact, payment time period, and more on federal loans if yes.
Delinquency and standard are a couple of edges associated with the exact same coin except when it comes to value which changes for both.
You are delinquent on the loan payments when you become late on a student loan payment be it by 1 day or a week then. Continue reading Student Loan Default and Delinquency – price, Consequences, and Settlement