How do you pull a student loan out of default. Would it be worth it to do so after 10 years?

Not all federal student loans are insured. Most, however, and his is probably one of them. MedlinePlus MedlinePlus If you have no credit score, the student loan is not likely to appear against him anywhere. While it may not be the best recommendation ethically, if nobody bothers about it, do not touch it. MedlinePlus MedlinePlus If you start making payments again, you could have in the last ten years of nonpayment appear as a negative on your credit report for the next seven years. Then you would have a score, but not one that you like. MedlinePlus MedlinePlus If you have no credit score, may be due to the fact that you do not owe any money to anyone. That's not all bad. Another reason could be that the credit rating agencies have not been able to link their accounts with the information you provided the last time you tried to check your credit or a loan. MedlinePlus MedlinePlus This can happen if you move frequently and over long distances. If this is the case, probably accounts for catching up with you, but not always. MedlinePlus MedlinePlus The creditor can not garnish your wages without a court order, so if you work out a payment plan with them, and stick to it, you should have no problem. MedlinePlus MedlinePlus If you are receiving tax refunds on their federal tax returns each year, your loan may have slipped through the cracks. If you have an unpaid balance, this would be the first way that the government would try to collect. MedlinePlus MedlinePlus Give a little more information, if possible, and I will try to give a more specific about your exact situation. I know this is a bit vague, but your question does not provide the whole story. MedlinePlus MedlinePlus Hope this helps. Have a great day!

Contact the student loan company . Yes , it is worthwhile , because the student loan debt will never go away , becuase is federally funded , and you can not file bankruptcy on them . Call them and try to arrange a payment plan with them . If you do not accept what you can afford , go ahead and start mailing payments to them in the amount you can afford, so that at least one payment is being made, and the amount will decrease in your credit report . They charge you to send any payment , because they want the money . They may require you to go through a credit counselor consumer to have an acceptable payment arrangement .