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The Department of Education dropped ACS’ loan servicing contract in 2013, though ACS continued to service some Federal Family Education Loans (FFEL), Perkins Loans and private student loans. ACS ...
Just making an extra payment on your student loan doesn't necessarily mean you are making a principal-only payment. Generally, student loan servicers apply your payments first to cover any late ...
For 42.9 million student loan borrowers , it’s been 18 months without a payment. The interest-free federal student loan payment pause, known as a forbearance, was extended three times after it ...
The Biden administration plans to restart student loan payments no later than 60 days after June 30, 2023, he added. Based on that schedule, you can expect to resume payments on or before Aug. 29.
With student loan forgiveness still uncertain, borrowers can expect more changes -- and perhaps some potholes -- on the road to paying down student loan debt. As part of the Biden administration's...
For the first time in more than three years, federal student loan borrowers will be required to pay their monthly student loan bills. Here’s what borrowers need to know.
Federal student loan borrowers will need to start making payments again this month after a three-year-plus pause due to the pandemic. It's likely that most borrowers have received their bill ...
That could complicate restarting their monthly payments. Around 44% of federal student loan borrowers who begin repayment in October have a new loan service provider, according to the Consumer ...
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