Loan Rehabilitation: A Second Chance For Borrowers

1. Borrowers who default on their federal student loans face numerous financial and even emotional consequences. They lose access to Title IV aid, their credit score will drop, and they risk seizure of their tax refund and wage garnishment—all which can lead to emotional distress and other issues. Fortunately, borrowers have a chance for a fresh start. Join us as we discuss the details of loan rehabilitation, what borrowers should consider before rehabilitating, and how Cohort Catalyst®, our default management service, can get your defaulted borrowers back on track.
2. Specific Topics Covered:

                                                               i.      How loan rehabilitation works

                                                             ii.      A comparison of rehabilitation vs. consolidation

                                                           iii.      Ways to help borrowers in default