from student loans. I consolidated my student loans from Sallie Mae to ACS, I am still in school but they garnished my fathers refund! why is that, i shouldn’t pay if I am still in school. the agreement that I had with Sallie Mae is 6 months after I graduated in 2010, I have student loans under my name and everything is fine. can my father amend it? Can this be fought, before it was consolidated, I had it with Sallie Mae for 2 yrs and everything was fine. no repayment and everything was great. Now that we were deceived by ACS claiming that it is a lower interest rate..shouldn’t the term be the same?
Amending a tax return and offsetting any refund are not related.
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if you can qualify for a mortgag with defaulted student loans how do you go about it?
The short answer is "yes."
…buttttt, it depends on your credit report. If you have a history of default then it isn’t looking so good. That is why we have a sub-prime market (think very high interest rates).
Find a mortgage broker in your area that will pull your credit. They will let you know if you are capable of getting a loan.
Best of luck
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I wanted to make sure this wouldn’t be an automatic default or cause any other problems, as long as I keep making my payments. Thank you!
With federal student loans, as long as you keep making your payments on time, there should be no problems. There is no requirement that you remain inside the country after graduation.
Just remember to keep your lender(s) updated any time you change your address. You wouldn’t want to default on the loan simply because they didn’t know where to send your bill. (I highly recommend automatic payment in cases such as yours.)
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I’ve just finished my A-Levels and have been accepted in a Australia uni. There are currently no grants or loans available as I will be studying abroad. I am a british citizen
Apply in an Australian embassy
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