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Perkin Loan - about to default

progtick

By progtick
in Student Loans

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progtick

progtick

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So I am about to default on Perkins Loan, but according to General Revenue Corp (Direct Loan), I have already defaulted on it, and now they want me to consolidate with them ASAP. I have yet to talk to my school about what exactly is going on.

 

Have you guys consolidated with GRC before? How has the experience been?

 

Should I just consolidate this Perkin Loans with GRC if my school insists or my other Salliemae loans too?


LynnInMN

LynnInMN

Posted
Posted
So I am about to default on Perkins Loan, but according to General Revenue Corp (Direct Loan), I have already defaulted on it, and now they want me to consolidate with them ASAP. I have yet to talk to my school about what exactly is going on.

 

Have you guys consolidated with GRC before? How has the experience been?

 

Should I just consolidate this Perkin Loans with GRC if my school insists or my other Salliemae loans too?

 

 

GRC is not Direct Loans. GRC is a collection agency, not affiliated with any loan program. They can consolidate you thru Direct Loans.

 

If a CA is collecting on a Perkins, then you are in default

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