Student Loans Consolidation Getting an education is an expensive endeavor, and afterward, whether you graduate or not, repaying the loans you took out can prove to be quite challenging. Before you default, or ask for forbearance, or go as far as bankruptcy a common solution to help make your loan …
Read More »Are You Qualify for Student Loan Forgiveness or Discharge?
Federal student loans offer benefits – One benefit is the ability to qualify for loan forgiveness under special circumstances, the federal government may forgive part, or all, of your federal student loans. That means you’re no longer obligated to make your loan payments. Another benefit is there may be some …
Read More »Student Loan Balance Up After Five Years
Here’s what you need to know. A new report says that about half of student loan borrowers have a higher student loan balance after 5 years. Student Loan Repayment Imagine this common scenario: you borrow student loans. You start to pay off your student loans. You keep paying off your student loans every …
Read More »The complicated beauty of student debt forgiveness
Robert F. Smith, founder, and CEO of private equity firm Vista Equity Partners gave a commencement speech to Morehouse College’s graduating class. Then, the billionaire announced that he and his family would pay off the roughly 400 graduating seniors’ student loans — as well as loans taken out by students’ …
Read More »100,000 Debtors Rejected For loan forgiveness for student loans. But why?
Loan forgiveness for student loans Statistics- The latest student loan debt statistics show that more than 100,000 people who applied for public service loan forgiveness have been rejected. Here’s what you need to know and what to do about it. The U.S. Department of Education released the latest statistics for …
Read More »Denied public service loan forgiveness, so filed a lawsuit
The number of people who’ve been financially derailed by the public service loan forgiveness program is piling up, and so are the borrowers interested in bringing their servicers to court to seek damages.“It’s clear that students are claiming the servicers told them one thing, when something else was true,” said …
Read More »CFPB Student Loan Ombudsman Report
Executive summary Pursuant to the Dodd-Frank Wall Street Reform and Consumer Protection Act, this annual report analyzes complaints submitted by consumers between September 1, 2016 and August 31, 2017. During this period, the Consumer Financial Protection Bureau (“CFPB” or “Bureau”) handled approximately 12,900 federal student loan servicing complaints, 7,700 private …
Read More »US Debt $ 4 trillion now- Expert isn’t worried
Americans in Debt, Solutions & Legal Protections of Debt It’s only been five years since Americans hit a grand total of $3 trillion in consumer debt and yet, by the end of 2018, that figure is expected to jump by another trillion. In the first nine months of 2018, Americans …
Read More »In 2018, Americans over the age of 50 owed more than $260 billion in student debt
Challenge in retirement!! In a few years, Seraphina Galante will be 80. And she’ll still be paying off her student loans. For a long time, she didn’t tell anyone about her situation. But after the 76-year-old woman joined an advocacy group for borrowers, called Student Loan Justice, …
Read More »Very reliable company working in the Financial sector- You can talk to them
Student Loan Forgiveness and Repayment Programs Student Loan Forgiveness Every consolidation that we process will be under the William D. Ford Federal Direct Program, also known as the Obama Student Loan Forgiveness program. This program has loan forgiveness built into the end of your payment terms. When you have made …
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