What does it mean to be in default on a loan?
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Works at the International Monetary Fund, Lives in Washington, D.C., USA.
If you haven't made a payment on your federal student loan for 270 days (nine months), and have not made arrangements with your lender or servicer that do not obligate you to make those payments, like deferment or forbearance, you are probably in default.Aug 4, 2016
2023-06-21 10:00:52
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Ethan Martinez
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If you haven't made a payment on your federal student loan for 270 days (nine months), and have not made arrangements with your lender or servicer that do not obligate you to make those payments, like deferment or forbearance, you are probably in default.Aug 4, 2016