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#PayMyStudentLoans Contest
#PayMyStudentLoans Contest

Climb Out of the Delinquent Loan Pit

Late Student Loan Payments

When life circumstances change, it can be hard to keep up with reoccurring student loan bills – especially when you’re focused on making ends meet. Unfortunately, you’ll land in delinquent loan status when you pay late or not at all.

Becoming Delinquent

Your loan becomes delinquent the day after an overdue payment until the time you catch up. If you fully pay a day or two late, you’ll avoid further trouble – but the situation escalates if you never pay at all.

Effects of Delinquent Status on Credit

A late student loan payment affects more than your relationship with the loan servicer – it can damage your credit After your loan is delinquent for 90 days, student loan servicers report it to the three major credit bureaus.

Poor credit can make it difficult to qualify for things like:

  • Credit cards
  • Home and mortgage loans
  • Car loans

And even if you are approved for new lines of credit, it’s unlikely you’ll get a decent interest rate.

Stop Trying to Make Payments You Can’t Afford

Did you know you’re not stuck with your current loan repayment plan? You have options. Many plans offered by your federal or private loan servicer will allow you to catch up on payments with a lower rate, and even get ahead.

Whether you want to pay less in more installments or pay more to speed up paying off your debt, our team can help you vet the possibilities. We’ll go over the positives and negatives of each, so you can feel confident in your decision.

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California Privacy Policy

MoneySolver (the “Company”) collects various types of personal information about you, both online and offline, during the course of our relationship. Under California law, if you are a resident of California, you may make a written request to the Company about how we have shared your personal information during the prior calendar year with third parties, and our affiliates, for their direct marketing purposes. In response to your written request, the Company is allowed to, instead, provide you with a cost-free means to opt-out of such sharing, or a “Customer Choice Notice”. For purposes of this California Privacy Notice, third parties may include companies within our “family” of companies, such as those companies affiliated with or owned directly or indirectly by MoneySolver.

The Company has chosen to provide you with a cost-free means to opt-out of such sharing. If you would like to exercise your rights under California law, please send your written request to the postal address below. Please allow 30 days for processing of your request.

Attn: Marketing – CA Policy
9000 Southside Blvd., Suite 11000
Jacksonville, FL 32256

Or email

If you would like to know what information is gathered about you online when you visit the Site, and how it is used, you may review the Company Privacy Policy by clicking here.

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