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Ever ask yourself what happens when the “pause” button on your student loans finally flips off after all those years? Here’s ...
TransUnion found that nearly 6 million federal student loan borrowers were 90 days or more past due as of April.
Almost 2 million people who took loans for school might not be able to pay back and could have their pay cut as soon as July ...
Millions of student loan borrowers are facing potential wage garnishment this summer if they don't take the complicated steps ...
Student loan default starts the same way for everyone: a missed payment. Then, another. And another. Until nine total months — about 270 days — pass and your loan defaults. Three months later ...
Defaulting on student loans can have enormous consequences for borrowers -- credit damage, financial penalties, wage garnishment, tax refund seizures, and even litigation. This penalty defies ...
Student loan default starts the same way for everyone: a missed payment. Then, another. And another. Until nine total months — about 270 days — pass and your loan defaults. Three months later ...
Defaulted student loan borrowers will need to come up with a plan in the next few weeks as the Trump administration plans to restart involuntary collections for those who have missed payments.
Student loan default usually happens after 270 days of missed payments. Get federal loans out of default with options like rehabilitation and consolidation.
It’s also possible to rehabilitate your defaulted federal student loans through an agreement with your loan servicer. “If you’re at risk of wage garnishment, contact your loan servicer right ...
Student loan borrowers are considered delinquent if they fail to make a loan payment for 90 days. When late payment stretches on for a total of 270 days, then the borrower falls into default.
If your student loan payments are too expensive, you risk defaulting on your debt. Student loan default is a serious issue with severe consequences, including damage to your credit report and, if ...