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David Wilson
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David Wilson
Asked: 2022-10-21 02:58:28 2022-10-21 02:58:28 2022-10-21 02:58:28

Do student loans fall off after 7 years?

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5 Answers

  1. Charles Jones
    Charles Jones
    Added an answer on 2022-11-07 16:14:55

    There is no one definitive answer to this question since student loans vary in terms of terms, interest rates, and repayment options. However, some experts feel that student loans can often be discharged after 7 years, depending on the circumstances.

  2. James Roberts
    James Roberts
    Added an answer on 2022-11-07 03:22:26

    There is no definitive answer to this question as it depends on a variety of factors, including a person's credit history, outstanding balances, and whether or not they have been discharged. Generally speaking, however, most student loans will be discharged after 7 years, provided the person has complied with all terms and conditions of the loan.

  3. Isla O'Sullivan
    Isla O'Sullivan
    Added an answer on 2022-10-29 17:03:26

    It's generally agreed that student loans do not generally fall off after seven years, but there are always exceptions.

  4. Mia Brown
    Mia Brown
    Added an answer on 2022-10-26 02:58:08

    There is no definitive answer to this question as it depends on a number of factors, including the borrower's credit score, the size of the loan, and the type of loan. Some borrowers may be able to continue to pay off their loans after seven years, while others may not be able to. It is important to speak with a loan officer to get an accurate estimate of how long it may take you to pay off the loan.

  5. James Taylor
    James Taylor
    Added an answer on 2022-10-24 23:08:05

    There is no definitive answer to this question as it depends on the individual's personal credit history, current financial situation, and repayment plan. However, some experts believe that student loans may not be as effective in keeping borrowers in repayment as they once were after a certain period of time. In particular, some believe that student loans may become more difficult to pay back and may require more consecutive payments to keep up with repayments.

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