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Loans - Default determination
Posted: Thu Nov 21, 2013 4:35 pm
by john1990
Grad Plus loans say I am not eligible if I have a default determination in the last 5 years. If I default but make full payment is that a determination? Or is a default determination only when you negotiate to pay a portion of your debt to settle a default instead of making full payment.
DD- /full pmt
Re: Loans - Default determination
Posted: Fri Nov 22, 2013 3:12 am
by twenty
How do you default and still make the full payment? You only default when you refuse to pay...
If you defaulted on anything, secured or unsecured in the last five years, I'd be very surprised if you could get GradPlus loans.
Re: Loans - Default determination
Posted: Fri Nov 22, 2013 10:29 am
by john1990
by missing payments and having it sent to a credit agency is it already to late to qualify? I made full payment. The internet was not very helpful with the same terminology, but i will keep you posted
Re: Loans - Default determination
Posted: Fri Nov 22, 2013 10:35 am
by A. Nony Mouse
You would probably be best off talking to your loan provider.
Re: Loans - Default determination
Posted: Fri Nov 22, 2013 1:13 pm
by twenty
Yeah, there's no way we can help you figure this out. Contact your provider.
Re: Loans - Default determination
Posted: Mon Nov 25, 2013 9:01 am
by john1990
