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Defaulting of your loan is certainly not the way to go. If you can find another option, go for the product. Causing a default on a loan will greatly impact your credit profile. This can cause a person plenty of financial problems for a long time. Many students have considered the risk of filing bankruptcy to go out from under this huge mound of debt. This is not an system. In most cases, a bankruptcy will not write off a student loan. Only in extenuating circumstances will this even create a red...
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