So last night I opened up a piece of mail that said I’m officially in default for my federal student loans. I don’t really know who to talk to about this, and I’m not sure if this is the best subreddit for this issue but I need information and by my guess I need it fast.
I didn’t even know what defaulted loans meant until after I read the letter and googled it. Found out what it means and obviously I need to act fast. It says “a payment has not been made in 270 days” which is probably accurate. I chose not to pay my loans for a really long time (I thought it’s been a lot longer than 270 days) due to many reasons. I’ve been only working 43 hours at minimum wage (11/hr). Along with rent (70 a week) and transportation to work (80 a week) and then paying to try to get my license back (which has not been completed). And well, I crashed out of college (another words I don’t have a degree) went through a rough 18 months of depression and drug addiction. It’s only been about 3 months that I’ve had my head screwed on straight and trying to straighten out all of the problems I created.
I own nothing. I live with my parents. I don’t have a car or a license. Im negative a lot and trying to straighten life out. I was on my way to straightening my license and now I’m hit with this defaulted loan, which I knew probably would have happened. Now that it’s hear I know I can’t spend any time bullshitting around anymore and getting back into a bad shape. I’m looking for all and any kind of advice, and if anyone has any information of how to deal with defaulted loans, I would greatly appreciate it.
And yes this is a throwaway.
Edit:loan is ~6,500
Submitted July 11, 2018 at 10:21AM by def-not-a-throwaway0 https://ift.tt/2mb00yU
