When student loans start to get delinquent because no payments are made for nine months straight and the student loan going on default, many things can happen and these are not good consequences that the borrower will get, according to Bruce Mesnekoff, the nationally recognized expert on student loan management and consolidation. Wage garnishment can happen, and including other benefits like Social Security benefits and even tax refunds will no longer be enjoyed by the borrower. If the student borrower is married and they file their tax returns jointly, offset of the spouse’s tax returns can also happen. These are bad consequences that student borrowers can avoid if they will not let their student loans go to default.
Since student loan on default is the situation, the student borrower should prevent this from happening, and there are solutions to this, per Bruce Mesnekoff. Consolidation of student loans is an example, said the expert on student loan management and c
Since student loan on default is the situation, the student borrower should prevent this from happening, and there are solutions to this, per Bruce Mesnekoff. Consolidation of student loans is an example, said the expert on student loan management and c
