My current plan was to pay off all other debt ASAP while I pay enough on my defaulted private loans that I can get the balance down a bit each month (pay the interest, and a bit more). Once my other debts (car loan, other student loan, credit card) are paid off in about 18 months I can attach the student loan that's in default.
However, we want to get a mortgage in about 2 years. DH is a cosigner on my defaulted loans (They just defaulted this month).
Will I not be able to get any type of loan with this private default on my credit report? Or will making consistent payments for 2 years be enough to make the defaulted loan 'ok'? My other debts total about 13k while the student loan is 25k.