Who here is in default and what’s your plan?
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Tagged: credit, debit, government, loan
The government just resumed garnishing wages for defaulted loans. Over 5 million borrowers are currently in default. If you’re one of them, what’s your situation? No shame here. What are you doing about it, or what’s stopping you from acting?
I’m one of those borrowers, and honestly it’s been overwhelming. Between rent, groceries, and trying to stay afloat, my loans kept falling to the bottom of the list. I want to fix it, but the fear of not being able to afford the payments keeps me stuck. Right now, I’m looking into repayment options and trying to take it one step at a time.
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