VSAC will be here to help you which help one to build a initiate. Take steps now to get rid of the results off default.
For those who have a national otherwise personal student loan when you look at the standard which have VSAC, click the tabs below to have information according to the form of loan your debt.
You may have options to get free from education loan standard. It is essential you are able to do was work with VSAC today. We’re right here to greatly help!
- Government Financing Default
- Individual Mortgage Default
On the , the Department out-of Knowledge established an expansion of one’s pause toward education loan repayments, attention accrual, and you can range circumstances until .
You ily Education loan (FFEL) Program financing that have VSAC. VSAC government funds are FFEL Stafford, FFEL Plus funds, and you will FFEL Combination Finance.
- a damaged credit history
- position that have a portfolio department
- salary garnishment
- confiscation from government tax refunds otherwise state taxation refunds, assets taxation changes, and/or occupant rebates from the New york Setoff Commercial collection agency System in order to pay money for your own defaulted financing(s); or
- loss of government beginner assistance qualification
Your defaulted VSAC FFEL financing is still qualified to receive a great 0% rate of interest and you can stop off collection affairs due to
Extremely important! Continue reading “You have got defaulted on your VSAC education loan, but don’t panic!”