New Visitor
Posts: 1,653
Registered: ‎06-09-2008
Re: Consolidating Student Loans

Sonic98 wrote:

Doesn't your loan have to be in default to rehab?

Yes, you have to default before they will offer rehabilitation.  If you haven't defaulted, the best plan is to find a way to bring the loans current, and make sure you can keep them current (whether that's by applying for a new payment plan, adjusting your budget, or some other way).  Then, you can send goodwill letters to the lender in the hope that they might remove one or more of the lates.