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How Can I Get My Wells Fargo Student Loan Out of Default? – Melena

Written by Steve Rhode

“Dear Steve,

I have about 10,000 in student loans. I have two loans, one through Great Lakes and another through Wells Fargo. Because of some medical issues with my daughter last year my finances were challenged and my loan through Wells Fargo went into default (that loan amount is around $7,000. I have received a collections letter.

Though my finances are less strained now I am not sure what steps to take from here. I cannot pay the full default amount like they’re asking me. I would do anything to get out of this debt without it further messing up my credit. Please help!

What do I do about my default account and collections agency and how can I improve my credit from here on out?


debt narrow

Dear Melena,

See The Ultimate Guide to Dealing With Student Loans You Can’t Afford.

Please post your responses and follow-up messages to me on this in the comments section below.


You are not alone. I'm here to help. There is no need to suffer in silence. We can get through this. Tomorrow can be better than today. Don't give up.

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About the author

Steve Rhode

Steve Rhode is the Get Out of Debt Guy and has been helping good people with bad debt problems since 1994. You can learn more about Steve, here.

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