Consequences of a Past Due Loan

Consequences of a Past Due Loan

Negative Credit Rating which may remain on your credit history for 7 years.
A hold being placed on your student records.
Ineligibility for further Financial Aid.
Responsibility for collection costs if your account is referred to a collection agency.

Advanced Payment vs. Accelerated Payment

Internal Collections

Collection Agencies

Consequences of a Past Due Loan

Graceland University -

Lamoni Campus | 1 University Place | Lamoni, IA 50140 | 641.784.5000

Comments? Suggestions? Contact the Webmaster. Copyright © 2008 Graceland University