Consolidate Defaulted Student Loans


The Asgard Student Loan Consolidation Program® allows you to combine different types of defaulted federal student loans to simplify repayment. Even if you have just one loan, you can also choose to participate in the Asgard Student Loan Consolidation Program®. There are several advantages to consolidating or rehabilitating your loan as described in the categories below.

The Asgard Student Loan Consolidation Program® is designed to help student and parent borrowers consolidate several types of defaulted federal student loans with various repayment schedules into one new loan. With a new loan, you will make only one payment a month. Under this program, your new loan will be made by a commercial lender, credit bureaus will be notified that your defaulted accounts have a zero balance, and you will sign a new promissory note that will establish a new interest rate and repayment schedule. To receive a new loan, you must fill out the online enrollment and submit it. Once we receive your application, the system will immediately notify you of your denial or approval.

If you are approved the repayment period may extend up to 30 years (depending on the total balance due). If you owe no other delinquent or defaulted debts to the United States, you will again be eligible for other federal funds, including FHA loans, VA loans, and Title IV student financial aid funds.

For full details and to apply online, please click the link below:

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