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FedLoan Servicing stopped handling federal student loan accounts on December 14, 2021. ... they can contact the Federal Student Aid Information Center at 800-433-3243 or check their credit reports ...
Aspire Servicing Center is a student loan provider that services parent and student loans from an Aspire affiliate. They also serviced Direct loans until 2015 when they transferred them to MOHELA.
Now that the more than three-year COVID-19 student loan payment pause has come to an end, 28 million borrowers have entered repayment since Oct. 1, 2023. With this massive transition from a full...
In return, the U.S. government has retrieved billions of dollars from student loan debtors. [1] From 1994 to 2015, according to ECMC, they returned $4.3 billion to the U.S. Treasury. [2] According to ECMC the company works to reduce student-loan default rates and provide resources to help students repay their loans, and promotes financial ...
The Department of Education announced in 2021 that FedLoan Servicing would stop servicing federal loans at the end of its contract. New updates have been released since then that have changed the...
On your account dashboard, you can find “My Loan Servicers” or check the National Student Loan Program System. If you’re making payments to a lender that isn’t listed, there’s a chance ...
In June 2020, the DOE announced that MOHELA was one of five servicers that would help oversee the federal student loan portfolio in order to bring “enhanced customer support”. [3] [4] In 2021, it was reported that some FedLoan (Pennsylvania Higher Education Assistance Agency) student servicing loans were transferred to MOHELA. [5]
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 ...
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