Protect yourself in default by making regular payments
Setting up a repayment plan acceptable to your loan holder doesn’t get your loans out of default, but it can protect you from harsh consequences like wage garnishment and withholding of your tax refund and government payments.
Your loan holder will work with you to find a repayment plan that you can afford. But you have to act quickly.
Making regular payments can:
- Stop the collections process
- Stop any legal proceeding against you
- Protect your state and federal tax refunds from being withheld
- Stop wage garnishment
Making regular payments cannot:
- Erase the default from your credit report
- Get your loans out of default status
Contact your loan holder to set up a default repayment plan. If you don’t know who your loan holder is, go to the National Student Loan Data System (NSLDS), which is the central database for all federal student loan information. If ECMC holds your loans, call us at 1-800-780-7997.
Log in to view the status and history of your ECMC loans.
