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2. What is debt forgiveness? - AOL

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

   Unsecured debts include personal loans, student loans and credit cards. On the other hand, secured debts such as mortgages and car loans are typically not eligible for debt forgiveness ...

3. 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. [1]

4. Federal Direct Student Loan Program - Wikipedia

   en.wikipedia.org/wiki/Federal_Direct_Student...

   Student loan debt in 2019 is the highest it has ever been. According to the latest loan debt statistics, student loan debt has become the second highest consumer debt category behind mortgage debt. [15] The government combats this large outstanding balance with student loan forgiveness which come in several forms, the two most popular being ...

5. Should Biden have forgiven more student debt? - AOL

   www.aol.com/biden-pardoned-son-forgive-more...

   More: You may not need that student loan after all.Here's the latest college tuition trend. Supreme Court reacts to Biden's debt forgiveness plan. In 2023, the U.S. Supreme Court shut down the ...

6. What Democrats want Biden to do on student loans before ...

   www.aol.com/news/democrats-want-biden-student...

   That’s because the time in forbearance will not count toward the number of payments required to be eligible for debt relief under programs like Public Service Loan Forgiveness, which wipes away ...

7. Debt management plan - Wikipedia

   en.wikipedia.org/wiki/Debt_management_plan

   This commonly refers to a personal finance process of individuals addressing high consumer debt. Debt management plans help reduce outstanding, unsecured debts over time to help the debtor regain control of finances. The process can secure a lower overall interest rate, longer repayment terms, or an overall reduction in the debt itself. [2]

8. Debt consolidation with a personal loan

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

   A debt consolidation loan is a type of personal loan. Some lenders offer them as different products, but they follow the same principles. Both are fixed-rate installment loans that have a set ...

9. Nonrecourse debt - Wikipedia

   en.wikipedia.org/wiki/Nonrecourse_debt

   Recourse debt or recourse loan is a debt that is backed by both collateral from the debtor, and by personal liability of the debtor. [2] This type of debt allows the lender to collect from the debtor and the debtor's assets in the case of default, in addition to foreclosing on a particular property or asset as with a home loan or auto loan.