Avoid Future Loan Problems

Once your loan is out of default and you are making your scheduled payments on time, you want to avoid any future problems. Here are some things you can do:

• Always make your scheduled payment on time.
• If you cannot pay on time or in full, contact your loan servicer to discuss your problem.
• Always respond immediately to communications from your loan servicer.
• Keep all records of anything to do with your loan and loan payments (e.g., dates and amounts of payment and any communications with your loan servicer)

If you follow these suggestions, your loan should stay problem free!