As I don't have access to specific Everfi content, I can't identify which statement they might have provided. However, I can list some common consequences of defaulting on a student loan, which might help you identify the incorrect statement:
Negative Impact on Credit Score: Defaulting on a student loan can significantly damage your credit score, making it challenging to obtain future loans or credit cards and potentially impacting your ability to rent an apartment or secure employment.
Collections and Legal Action: Lenders can initiate collections efforts, including contacting you to arrange payment, reporting the default to credit bureaus, and even pursuing legal action to recover the outstanding debt. This can result in wage garnishment, tax refund interception, or seizure of assets.
Loss of Federal Benefits: If you default on a federal student loan, you may lose access to certain federal benefits, including eligibility for additional student aid, deferment, or forbearance options.
Potential Loss of Professional Licenses: In some states, defaulting on a student loan can lead to the suspension or revocation of professional licenses, such as those for teachers, nurses, or attorneys.
Ineligibility for Loan Forgiveness or Repayment Plans: Defaulting on a student loan can make you ineligible for federal loan forgiveness programs or income-driven repayment plans, which could have helped you manage your student loan debt more effectively.
If you have specific statements provided by Everfi, please share them, and I can help you identify which one might not be true based on the general consequences of defaulting on a student loan.