Private College Student Loan

I have missed 2 direct debits with loans?

And have been charged by my bank, was wondering how much trouble and possable charges i get get from the 2 loan companys? And will they keep trying to get the money from my account all month? We this also ruin my credit?

Public Comments

1. They will probably keep trying until they get tired of getting chargebacks from their bank for your NSF's. Some companies don't ever stop until you do a stop payment or close the account. They may start calling you at home or work if that happens. It was embarrassing for her but I had to call a customer of mine repeatedly until I got my payments from her.