If you are struggling with federal student loans, a settlement may be a good option. It can be difficult, however, negotiation skills are the key to this type of deal. Federal student loan settlements involve a reduction in overall payment to satisfy in full the student loan. A settlement is normally possible if the client […]
The Free Application for Federal Student Aid (FAFSA) allows students to apply for more than $150 billion in grants, loans, and work-study funds. Check out this video for info about the FAFSA and the resources available to help fill out this important application. Visit StudentAid.gov/fafsa to learn more.
For more videos about FAFSA visit http://www.youtube.com/user/FederalStudentAid?feature=watch
The following fact sheets on default will explain the sequence of steps when a loan goes into default, and how the borrower can get the loan out of default. If the borrower doesn’t know who holds the loan, you can assist by looking up the loan information on the National Student Loan Data System. As an alternative, you can suggest […]
Edited by: Bruce Mesnekoff
Defaulted student loans can be a nightmare to deal with. Third-party collection agencies may be attempting to force payment from you in a single due, also known as acceleration. Your loan may then be placed with a collection agency, causing you to pay expenses for costs that were brought up trying to […]