Defaulted Sallie Mae loan-Tax Refund
Sat, 01/19/2013 00:00
Hello. I received a student loan thru Sallie mae about 10 years ago and i recently defaulted on this loan. I only owe about $1500 and I received a letter saying they were going to garnish my wages. I am out of work right now and so they told me they are going to take my Tax Refund, Will they take the whole amount ( i usually get about $3000-$4000) or only what i owe? Will i still receive the remainder? I wouldnt mind if they do this as it would finally pay off my loans.
If they do take my refund to pay for this defaulted loan? How soon can i get another loan, I want to go back to school.