Private College Student Loan

Student Loans?

I owe my student loan $461. Do you think they will take my income tax?

Public Comments

1. If you are in arrears it is possible
2. If you have not made you payments like you should, and the place you have the loan with has requested IRS to offset your refund, yes IRS will offset the refund and send you the difference if any remaining.
3. IF you're in default--probably! Pay off your student loan, pay a little bit every month. As long as you're paying and NOT in default, you're OK. If you lose your job, get a deferment until you're working again. You can't escape, so best bet is to pay up as you go along. If you slip by this time, they'll get you next time. So IF you get the refund, do yourself a favor and pay off the student loan!