what should I do if I'm in default on your federal student loan?
Don't get discouraged. You have multiple options to get out of default.
Are you in default?
Right now no, but I could be soon.
Had the U.S. Department of Education ED stop collection activity during the COVID-19 national emergency?
Yes, the U.S. Department of Education ED has stopped collection activity on defaulted federally owned student loans and/or grant overpayments. In addition, interest is temporarily set at 0 % on defaulted federally owned student aid debt.
================
What happens if I choose to make three payments on the defaulted loan before you consolidate it?
choose to make three payments on the defaulted loan before you consolidate it.
================
What is the rehabilitation of the loan?
There are different programs for this. William D. Ford Federal Direct Loan (Direct Loan) Program and Federal Family Education Loan (FFEL) Program
================
How much can I pay to consolidate my loan?
the required payment amount will be determined by your loan holder , but can not be more than what is reasonable and affordable based on your total financial circumstances
