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Washington borrowers with commercially-owned Federal Family Education Program Loans or privately held student loans who are struggling to make their payments due to the COVID-19 pandemic may be eligible for expanded relief.
A quick guide on how to determine the type of loan you have and the servicer of your student loan.
Federal student loan relief for those with cancer is coming soon.
The federal government can garnish 15 percent of your wages administratively – meaning they do not have to successfully take you to court like private lenders must to collect your pay. Even parents who took out loans for their children or cosigners are at risk of having wages garnished if the loan goes into default.
The U.S. Department of Education's decision to reverse it's rule on the addition of collection fees to student loans may cost borrowers thousands of dollars.
With all the talk in the media about the trouble with student loan debt, many borrowers are still managing to achieve the American dream.
If your student loans are in default, you will want to read this. Your options, the pros and the cons and where to get help.
Call us at (888) 864-8548
and your counselor will review your credit report, analyze your financial situation and help you find the option that's best for you.
