Ask Experts Questions for FREE Help !
Ask
    finest's Avatar
    finest Posts: 1, Reputation: 1
    New Member
     
    #1

    Nov 12, 2007, 09:49 AM
    Default school loan
    I've defaulted on a loan but I did not have a high school diploma or ged at time of enrollment am I still responseable for loan I ask
    charlotte234s's Avatar
    charlotte234s Posts: 1,903, Reputation: 143
    Ultra Member
     
    #2

    Nov 12, 2007, 09:57 AM
    Of course you're still responsible, it doesn't matter if you meet the requirements of something else you needed the money for, you still took out the loan.
    jasondbel's Avatar
    jasondbel Posts: 165, Reputation: -6
    Junior Member
     
    #3

    Nov 15, 2007, 12:40 AM
    If you got the money you are definitely responsible.
    Fr_Chuck's Avatar
    Fr_Chuck Posts: 81,301, Reputation: 7692
    Expert
     
    #4

    Nov 15, 2007, 06:41 AM
    Yes, and if you got the money under fraud, without planning on going to the school, you could even have some criminal issues also.

    Did not say what type of school this was.

    But yes, if you got the money and did not pay, you will owe the money.

Not your question? Ask your question View similar questions

 

Question Tools Search this Question
Search this Question:

Advanced Search

Add your answer here.


Check out some similar questions!

Payday Loan Default [ 1 Answers ]

My mother took out a payday loan that went into default over a year ago the payday loan company has drafted these funds out of another account at a different financial institution that she did not even have when she originally applied for the loan. Is this legal in the state of Texas? I read in the...

Bank Loan default [ 1 Answers ]

I received a Personel Bank loan of $6,000.00 for my upcoming Wedding. Two days before found her cheating and called it off. Went on the Honeymoon to Mexico by myself to get away and think things over. Spent the balance of the loan and the rest of my savings trying to forget. Ended up...

Car loan default [ 1 Answers ]

I have to default on my car loan. I also have a co signer, the car is not running the engine has blown... I advised the insurance company of same... what are th elaws regarding this... is still repaying the loan my responsibility

Auto loan default [ 4 Answers ]

Good evening: I currently have my auto loan through Wells Fargo bank. I have paid on my loan for the past three years without incident. On December 13, 06 I contacted WF to discuss paying off my loan since I was re-financing my home to clean up debt. They told me the payoff amount and that was...

Default on car loan [ 6 Answers ]

I am facing a serious situation.I had a car loan and then I gat into an accident.It was a hit and run and the police never found the people that hit me.Unfortunelty right before that, because of serious financial problems, I couldn t make my insurance payments.Now I received a call from a lawyer...


View more questions Search