Monday, December 16, 2013

What are the consequences of defaulting on a student loan? and Payday Loan

What are the consequences of defaulting on a student loan?



Lets say I take out loans for the next two years at a university + four years at a medical school.

and then when I'm all done, I default on the loan. What are the consequences?
my professor said thats what i should do so i dont have to pay it


loan best answer:

Answer by Jessica A
You will get in big trouble with the loan company, court, a bad credit score, if you get a medical license they can revoke it.


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