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  2. How to Write a Letter to Congress About Student Loan Issues - AOL

    www.aol.com/write-letter-congress-student-loan...

    One simple way to do this is to write a letter to Congress expressing your position on student loan issues. Added together with the letters of others with similar beliefs, such letters can be a ...

  3. How to deal with debt collectors

    www.aol.com/finance/deal-debt-collectors...

    Without admitting the debt is yours, get information from the debt collectors, before you make plans to deal with it. The collector must legally tell you information about the debt in question.

  4. A comprehensive guide to debt relief programs - AOL

    www.aol.com/finance/debt-relief-guide-know...

    Debt forgiveness is typically used for non-credit-card debt, like student loans, mortgages, medical debt or even taxes. ... Chapter 13 (court-mandated payment plan to pay creditors)

  5. How to pay off a debt in collections

    www.aol.com/finance/pay-off-debt-collections...

    The safest way to pay a debt collector is with a method that provides proof of payment, such as mailing a check with a return receipt or using a secure online payment portal provided by the collector.

  6. Can a goodwill letter get late payments removed from your ...

    www.aol.com/finance/goodwill-letters-payments...

    A goodwill letter is a formal letter sent to a creditor, lender or collection agency to request forgiveness for a late payment or other negative item on your credit report. In the letter, you ...

  7. Student loan default in the United States - Wikipedia

    en.wikipedia.org/wiki/Student_loan_default_in...

    Defaulting on a loan happens when repayments are not made for a certain period of time as defined in the loan's terms of agreement, typically a promissory note. For federal student loans, default requires non-payment for a period of 270 days. For private student loans, default generally occurs after 120 days of non-payment. [1]

  8. Debt-Free Future: What To Do and Say When Debt Collectors Call

    www.aol.com/finance/debt-free-future-debt...

    If you've had some trouble paying your debts and have gotten behind, sooner or later, you will likely receive a call from a debt collector. And while you may intend to pay the amounts you owe ...

  9. Repayment plan - Wikipedia

    en.wikipedia.org/wiki/Repayment_plan

    Students in the U.S. have also levelled criticism at the Federal government, with past and present students owing approximately US$1.5 trillion in outstanding student loans. Students have multiple ways of clearing student debt through invoking bankruptcy, however if it is not cleared, loan repayments can affect future budget expenses.

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