FAQ - GETTING STARTED

Not only are you able to consolidate your defaulted loans, but it’s the quickest, cheapest and easiest way to get out of default. By consolidating your Federal student loans it pays off each of your existing loans including the defaulted loans. This will reflect a Paid in Full $0 balance on your credit report.

As long as you are not currently in a wage garnishment status, you can consolidate, but you must do something quickly. The next step after a tax garnishment is a wage garnishment. Once you are receiving a wage garnishment we will not be able to help you consolidate.

In most cases, your payment will be lower. In order to consolidate Federal student loans, you will be required to pay based on your income for no less than the first 3 payments. You may be in default due to a financial hardship. A lot of times this will not only help get you out of default but will help lower your payments as well assisting in making sure you will not be forced into default later on.

Yes. It does not matter whether you were in default or not. If you qualify for Forgiveness, we will make sure you are receiving those benefits as well!

It takes 60 to 90 days to complete your consolidation with the Department of Education. That means you will be out of default within 60 to 90 days.

Of course.