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  2. What is debt forgiveness? - AOL

    www.aol.com/finance/debt-forgiveness-202301471.html

    Loans issued by private lenders are not eligible for the following programs. Public Service Loan Forgiveness. The first option is the Public Service Loan Forgiveness Program (PSLF). This ...

  3. 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. Pros of debt forgiveness programs All or part of your loan could be wiped out.

  4. 7 ways a Trump administration could affect your finances - AOL

    www.aol.com/finance/7-ways-trump-administration...

    Additionally, he has not elaborated on his promise to make interest rates on auto loans tax-deductible. ... In his first term, he failed to end the Public Service Loan Forgiveness program.

  5. Public Service Loan Forgiveness - Wikipedia

    en.wikipedia.org/.../Public_Service_Loan_Forgiveness

    The Public Service Loan Forgiveness (PSLF) program is a United States government program that was created under the College Cost Reduction and Access Act of 2007 signed into law by President George W. Bush to provide indebted professionals a way out of their federal student loan debt burden by working full-time in public service.

  6. How to tell if debt settlement is a good idea for you - AOL

    www.aol.com/finance/tell-debt-settlement-good...

    Unlike debt settlement, consolidation requires full repayment of the outstanding balance. With debt consolidation, you take out a new loan or open a new line of credit to pay off your debts. This ...

  7. How to get out of debt without paying - AOL

    www.aol.com/finance/debt-without-paying...

    Your loan, job status and sometimes even the school you attended will play a role in determining your eligibility for these programs: Income-driven repayment plans: These types of repayment plans ...

  8. Higher Education Relief Opportunities For Students Act

    en.wikipedia.org/wiki/Higher_Education_Relief...

    In March 2020, the CARES Act passed by Congress included a pause on federal student loans repayments and interest until September 30, 2020. [8] On August 8, 2020, the Trump administration issued a memorandum instructing the Secretary of Education to pause on student loan payments and interest through December 31, 2020 using the authority ...

  9. What nonprofit debt consolidation is and how it works

    www.aol.com/finance/nonprofit-debt-consolidation...

    Auto loans are secured by the vehicle. If a borrower fails to repay the loan, the lender could repossess the vehicle. Using the automobile as collateral disqualifies auto loans from nonprofit debt ...

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