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jkrishnamurtidotorg
Joined: 04 Oct 2012
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 Posted: Sun Oct 21, 2012 5:29 pm Post subject: FBI Check and Student Loan Default |
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Hello forum community
The other day my sister asked about teaching in Korea. One thing that came up in our conversation could not be answered by my own personal experiences or of those whom I know. I also did a bit of research for her, but came up empty. I told her to come on this forum to ask about it, but she did not feel comfortable publicizing her situation.
My sister is currently in default on her student loans. She is interested in completing some kind of ESL certification course, and hopes to find a job teaching in Korea. But one issue which is stagnating her hopes to do this is that she is unsure if her FBI check will show that she is in default status. She has been in default for a little more then a half a year. Her loan debt is really not that large, and I told her in one year of teaching in Korea she could theoretically eliminate that burden.
So if anyone has personal experiences, or is aware of others' stories that is relevant, tried, and tested, I know she would really appreciate it.
Thanks community |
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newb
Joined: 27 Aug 2012
Location: Korea
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| Posted: Sun Oct 21, 2012 5:44 pm Post subject: |
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| Last time I checked, defaulting on student loan is not a criminal offense. However, it will make her life more difficult and the gov't will eventually get their $$ from her one way or the other. |
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Keeper
Joined: 11 Jun 2012
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| Posted: Mon Oct 22, 2012 1:20 am Post subject: |
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| I wouldn't worry about the FBI check having it. But would the Feds process her passport, CBC, apostille or would they flag her as in default therefore no processing? |
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newb
Joined: 27 Aug 2012
Location: Korea
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| Posted: Mon Oct 22, 2012 1:26 am Post subject: |
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| Keeper wrote: |
| I wouldn't worry about the FBI check having it. But would the Feds process her passport, CBC, apostille or would they flag her as in default therefore no processing? |
Our great government isn't as efficient as you think. You should try it and see if they catch it and let us know. |
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ttompatz
Joined: 05 Sep 2005
Location: Kwangju, South Korea
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| Posted: Mon Oct 22, 2012 1:40 am Post subject: |
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Non issue for the FBI check or processing of a passport or getting an apostille.
It is simply a civil matter.
Get a job (in Korea, China, Japan, Taiwan or Thailand), pay it off and be happy.
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jkrishnamurtidotorg
Joined: 04 Oct 2012
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| Posted: Wed Oct 24, 2012 3:25 am Post subject: thrilled |
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She was thrilled to hear about the responses. She feels like she may have a legitimate path to becoming debt free.
Thanks contributors. |
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YTMND
Joined: 16 Jan 2012
Location: You're the man now dog!!
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| Posted: Wed Oct 24, 2012 3:34 am Post subject: |
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I guess I was in "default" too. I am not sure what that really means, but I needed 1 class to graduate. I studied Japanese for 3 years, went to China in 2002, and I took a course on Russia, but the school didn't think I fulfilled my ethnic diversity requirement.
This resulted in one more semester of one class and since that made me a part-time student they were expecting me to start paying for loans. I had no idea about this at the time and when I tried to get things sorted they told me I had to pay all or nothing.
If you are able to give monthly payments, then it should be no problem. I suggest getting money to pay it off. Perhaps you can use a credit card to extend the time, and then when you get paid in Korea make monthly payments to pay it off and the full loan amount. |
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NilesQ
Joined: 27 Nov 2006
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| Posted: Wed Oct 24, 2012 4:50 am Post subject: |
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| My thoughts would be that any financial issues, unless they resulted in a fraud charge, would have no impact on one's criminal record. |
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YTMND
Joined: 16 Jan 2012
Location: You're the man now dog!!
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| Posted: Wed Oct 24, 2012 5:14 am Post subject: |
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| NilesQ wrote: |
| My thoughts would be that any financial issues, unless they resulted in a fraud charge, would have no impact on one's criminal record. |
I forgot to add, the impact for me was that they said if I didn't pay all then it would affect my credit rating. However, I am sure criminal charges would have been around the corner if I had continued to not pay. |
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cincynate
Joined: 07 Jul 2009
Location: Jeju-do, South Korea
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| Posted: Thu Oct 25, 2012 12:34 am Post subject: |
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| Perhaps you can use a credit card to extend the time, and then when you get paid in Korea make monthly payments to pay it off and the full loan amount. |
Thats a terrible idea.. Never put anything on a credit card.. Especially since you have already defaulted, which means your credit score has taken a hit, and you will have sky high interest rates.
| Quote: |
| I forgot to add, the impact for me was that they said if I didn't pay all then it would affect my credit rating. However, I am sure criminal charges would have been around the corner if I had continued to not pay. |
Simply not paying a bill, regardless of what it is, will never earn you a criminal charge. There are no debtors prisions in the USA! Therefore, nothing will be on your FBI check. The only difference between a student loan and other forms of credit is that a student loan usually cannot be discharged in bankruptcy.
Another point is that you never loose your entitlement to any other federal or state services because you default on a student loan. Nothing to worry about. |
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YTMND
Joined: 16 Jan 2012
Location: You're the man now dog!!
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| Posted: Thu Oct 25, 2012 1:49 am Post subject: |
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| Thats a terrible idea.. Never put anything on a credit card.. Especially since you have already defaulted, which means your credit score has taken a hit, and you will have sky high interest rates. |
Defaulting doesn't mean your credit score has taken a hit. Actually, it means it is "idle". Your credit rating could actually go up by charging your card and paying it off as scheduled. This shows activity and therefore you can borrow more money later on.
If you never put anything on credit card, why have one? A simple credit card starts at a few thousand dollars. Set up a monthly payment system. Say 100 dollars per month for example. You're telling me charging your card 100 dollars and using that money for one month while you earn 2,000 dollars is not a good idea? It shuts up the collectors, gives you time to earn money you can later pay back without worrying about going into default more.
Perhaps family can help out instead, but taking responsibility for your finances is the first step to being independent and taking responsibility for your life.
| Quote: |
| There are no debtors prisions in the USA! |
No, but your credit rating can be reflected. If you are into playing games, having others own your assets, then maybe you could get around this. However, it's best to use credit cards, even when you don't need to and raise your credit rating.
Specifically, when I went to Korea, Korean friends would use their credit card to purchase items I wanted and then have me pay them.
| Quote: |
| Another point is that you never loose your entitlement to any other federal or state services |
That leapfrogs over the main point that you might lose your entitlement to that very federal or state service you are worried about  |
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Gamecock
Joined: 26 Nov 2003
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| Posted: Mon Oct 29, 2012 1:54 am Post subject: |
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| The problem for your sister is not the FBI check. If she is truly in default she cannot get official transcripts from her college/university. I would think this would put a crimp in getting a visa. |
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recessiontime
Joined: 21 Jun 2010
Location: Got avatar privileges nyahahaha
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| Posted: Mon Oct 29, 2012 3:50 am Post subject: |
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| Gamecock wrote: |
| The problem for your sister is not the FBI check. If she is truly in default she cannot get official transcripts from her college/university. I would think this would put a crimp in getting a visa. |
what? The college tuition is paid off, they have no reason to withhold anything. Even the student loan company (sallie mae) gets their fill from the government.
OP, like the above posters mentioned student default is at the worst a civil offense. Should not be a problem getting a visa. The only issue is actually paying off the loan which in my eyes looks impractical on an ESL teacher's salary in Korea (considering how high her tuition probably is). Check your pm. |
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