Using a student loan letter sample could help resolve many common student loan issues, from misapplied payments to debt in collections. Instruct your servicer how to apply student loan payments If ...

When you default on your student loans, your debt is transferred out of the normal repayment servicing system. It enters “into what’s almost like the ‘bizarro land’ of the repayment system,” says ...

Borrowers now face tough choices—begin repayment or risk serious penalties such as wage garnishment and seizure of tax ...

NEW YORK (AP) — Starting next month, the Education Department says student loans that are in default will be referred for collections. Roughly 5.3 million borrowers are in default on their ...

The Biden administration has created a plan to bring 7.5 million Americans in default on their federal student loans back into good ... a “Dear Colleague” letter to financial aid professionals ...

The economic effects of COVID-19 are likely to cause many commercial mortgage loans to go into default. Under such circumstances, one of the first steps lenders and servicers will take will be to ...