Delinquency Strategies

Click the delinquency stage to view text for your school to contact your students at the described delinquency stage.

Days Past Due

1-30

If you are having difficulty making timely payments on your federal education loan(s) please contact your service provider. Late payments can affect your credit rating. Work with your service provider(s) today.

View all your federal education loans, including contact information for your service provider(s), at www.nslds.ed.gov.

31-60

You’ve missed two payments on your federal education loan(s).

Late payments, missed payments, or other defaults on your loan(s) may be reflected on your credit report. A credit history with late payments makes it difficult to obtain a mortgage, car loan or credit card. It can even affect your ability to secure a job.

If you are having difficulty making your payments, please call your service provider today.

A list of your service provider(s) is available at www.nslds.ed.gov.

61-90

Your federal education loan(s) is/are now three payments behind! You have a legal obligation to repay your education loan(s) and your account status is reported to national credit bureaus. Late payments can seriously hurt your ability to receive credit for up to seven years.

Please call your service provider today to learn about loan repayment options.

Every on-time payment you make helps re-build your valuable credit. Don’t let this get any further out of control. Honor your obligation and contact your service provider today.

A list of your service provider(s) is available at www.nslds.ed.gov.

91-120

Your federal education loan(s) is/are seriously past due and approaching default. Defaulting costs you money, eliminates many financial privileges and you are still required to repay your loan.

If you default your loan(s) any of the following steps may be taken to recover your outstanding balance:

  • Your federal and/or state tax refunds may be offset to repay your defaulted loan.
  • You may be subject to Administrative Wage Garnishment.
  • Legal action may be taken to force you to repay the loan.
  • Your credit rating will suffer.

Contact your service provider today!

View all your federal education loans, including contact information for your service provider(s), at www.nslds.ed.gov.

121-150

You have missed five payments on your federal education loan(s)!

Please send the past due amount to your service provider immediately or contact them to discuss a repayment plan before it’s too late.

Time is running out! Send your payments or contact your service provider now!

View all your federal education loans, including contact information for your service provider(s), at www.nslds.ed.gov.

151-180

Don’t lose the ability to choose the best management option for your
education loan(s), contact your service provider today.

You have missed six payments on your education loan(s) and are rapidly approaching default.
If you default your loan(s) any of the following steps may be taken to recover your outstanding balance due:

  • Your federal and/or state tax refunds may be offset to repay your defaulted loan.
  • You may be subject to Administrative Wage Garnishment.
  • Legal action may be taken to force you to repay the loan.
  • Your credit rating will suffer.

Your service provider is there to help you manage your education loan(s). Contact them today!
View all your federal education loans, including contact information for your service provider(s), at www.nslds.ed.gov.

181-210

Don’t ruin your financial future; call your service provider now!

The consequences of defaulting on a student loan are severe and long lasting. Defaulting costs you money, eliminates many financial privileges and you are still required to repay your loan.

Call your service provider there may be a repayment option to help you get back on track.

View all your federal education loans, including contact information for your service provider(s), at www.nslds.ed.gov.

211-240

Your education loan(s) is/are seriously past due and nearing default. Several attempts have been made to contact you.

If you do not act today to resolve this problem, payment in full of your loan will be demanded and default proceedings will begin.

Contact your service provider today!

View all your federal education loans, including contact information for your service provider(s), at www.nslds.ed.gov.




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