Student loan default doesn’t just damage your credit—it impacts your income, your ability to rent, and even your chances at securing business or personal funding.
But here’s what most people don’t realize:
You can get out of default quickly—within 30 days or less—with the right plan.
What Causes Default?
Default typically happens when:
- You miss payments for 270+ days
- Your loan is transferred to a collections agency
- You’ve had no active communication with your loan servicer
Once in default, you lose access to:
- Federal aid and deferment
- Housing and mortgage approvals
- IRS refunds and stimulus payments
- Any chance of student loan forgiveness
What’s the Fastest Way Out?
The most effective strategy is federal loan consolidation. At Total Credit Rehab, we guide clients through the 2-step process:
- Investigate & verify your loan status
- Apply for Direct Consolidation using your FSA ID
- Select an income-driven repayment plan
- Restore eligibility and remove garnishment risk
In most cases, you’re back in good standing within 30 days—and garnishments or tax offsets are lifted.
Why It Works:
Federal law allows you to “reset” your loan status once through consolidation. You’ll start fresh and begin making affordable payments—sometimes as low as $0/month.
Take control now.
Apply for the TCR Student Loan Help Program and eliminate default before it costs you another opportunity.
