How long after the delinquent student loan is paid off, can i apply for another one?
Dec 17, 2008 in
Financial Aid
love180
i have a delinquent student loan that is being taken out of my check and is wondering how long after the delinquent student loan is paid off can i apply for another one…or am i not eligible for one anymore?
i have a delinquent student loan that is being taken out of my check and is wondering how long after the delinquent student loan is paid off can i apply for another one…or am i not eligible for one anymore?
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2 comments
robert w on December 18, 2008 at 11:53 pm
Honey,
Please , u didn’t learn ur lesson the first time? u like debt slavery agin?
plz visit daveramsey.com to learn ur hard lessons from others mistakes.
suggest u earn cash for college, your return of investment is better.
Found-1 on December 20, 2008 at 6:43 pm
Once your loan is paid in full, the company should send you a letter letting you know its paid off. Keep this letter as proof its paid off. Then you can apply for another federal student loan if needed. Your application will probably be flagged as you being defaulted if you do it very quickly, but just remember you have documentation to show the school when they ask you about it.
PS… I agree, don’t borrow if you have to.