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olderandwiser

Federal Loan Default - Rehab Strategy Question

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Hello!

 

I have roughly $900 in federal student loan debt that is defaulted.

 

I am waiting on a call back from the CA my account is with to set up rehabilitation. Before I talk to them, I was hoping to get help with what my strategy should be.

 

I can afford to split the total amount in equal payments so it is paid off by the end of rehab.

 

Should I do that, or should I make a lesser payment per month, and when the loan is rehabbed, pay the remaining balance?

 

I don’t know how any of this works so I wasn’t sure if splitting it up so there is a $0 balance after the last payment could screw anything up with getting it out of default status and back into good standing on my CR

 

Thanks for for any advice!

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