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  2. Student loan servicer MOHELA penalized for sending late bills

    www.aol.com/student-loan-servicer-mohela...

    The Department of Education is penalizing one of its student loan servicers for failing to send billing statements on time to 2.5 million borrowers.

  3. Government punishes MOHELA for mishandling resumption of ...

    www.aol.com/government-punishes-mohela...

    The Department of Education's announcement comes a week after a department spokesperson said 305,000 federal student loan borrowers received an incorrect bill for October 2023 from MOHELA.

  4. FedLoan is no longer handling federal student loans: Here’s ...

    www.aol.com/finance/fedloan-no-longer-handling...

    The Department of Education announced that MOHELA would be the new servicer for participants in those programs. If you previously used autopay with FedLoan, the information will automatically ...

  5. Higher Education Loan Authority of the State of Missouri

    en.wikipedia.org/wiki/Higher_Education_Loan...

    Following the resumption of student loan payments in October 2023, MOHELA was fined by the DOE for failing to send billing statements to student loan borrowers on time. [9] In 2023, The Guardian reported that MOHELA "stands out among servicers for late bills and incorrect auto-debits."

  6. Student loans in the United States - Wikipedia

    en.wikipedia.org/wiki/Student_loans_in_the...

    Standard repayment borrowers have 10 years to repay. The loan servicer calculates the monthly payment amount that will pay off the original loan amount plus all accrued interest after 120 equal payments. Payments cover interest and part of the principal. Some loan terms may be shorter than 10 years.

  7. Add, edit, or delete a payment method for AOL services

    help.aol.com/articles/update-your-payment-method

    If your card number has changed, you must add a new card. 1. Sign in to your My Account page. 2. Click My Wallet. 3. Click Payment Methods. 4. Click Add Credit or Debit Card. 5. Enter the new info. 6. Click Submit.

  8. Something new is happening with Mohela student loans - AOL

    www.aol.com/something-happening-mohela-student...

    Coursework dragged on and I got loans to pay for school. It was worth it, but over time interest rates grew higher than my undergraduate loan — plus, Uncle Sam wasn’t shy about handing out money.

  9. Electronic bill payment - Wikipedia

    en.wikipedia.org/wiki/Electronic_bill_payment

    Electronic bill payment is a feature of online, mobile and telephone banking, similar in its effect to a giro, allowing a customer of a financial institution to transfer money from their transaction or credit card account to a creditor or vendor such as a public utility, department store or an individual to be credited against a specific account.

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