Can I change my address without validating the debt?
Posted by Training-Tree8467@reddit | studentloandefaulters | View on Reddit | 2 comments
I have a student loan about to default on the 31st. I’m moving out of my current place and into a cheaper place soon but in the meantime would updating my address validate the debt? I want to keep track of mail in case they decide to sue me but I don’t want validate it if possible? It’s with Sallie mae
Odd_Investigator_736@reddit
I know it's past May 31st, but if you have defaulted and plan on going the strategic default route, don't tell them your new address, plans to pay, NOTHING.
investor_guy05@reddit
No, that is just an administrative update for communication. The only way to validate the debt is to say you owe it in writing or over the phone, enter into a payment agreement/plan (or pay any amount), or promise to pay it in the future. However if you're about to default i wouldn't update them on your new address, that'll make it easier for them to find you and sue you in the future. I would give them a friend or family members address, or get a po box or private bail box (ups, Postal annex). DO NOT use a change of address form through the USPS, they can find you that way.