Daily Archives: May 15, 2017


New data documents a disturbing cycle of defaults for struggling student loan borrowers

A default can lead to severe consequences, including damaged credit,
wage garnishment, and offset of social security and other government benefits.
There are options to get back on track after falling behind on a federal
student loan.

This post was originally published on the Consumer Finance Protection Bureau's blog. Link: http://www.consumerfinance.gov/about-us/blog/new-data-documents-disturbing-cycle-defaults-struggling-student-loan-borrowers/ Author:

Read more here.