The loans offered by the Department of Education are the only means toward gaining an education for many Americans (or foreign nationals attending school in the US). Without this crucial assistance, many simply wouldn’t be able to afford the cost of attending any university. In fact, recent data* suggest that around 20% of the loans [...]
Joe was in the hospital when he received a letter informing him that the Education Credit Management Corp was giving him 30 days to repay his student loans or that they would start garnishing his wages. You see, Joe had defaulted student loans on a student loan for a degree that he had not even [...]
Wouldn’t you like to know how to consolidate your defaulted student loan and still get the benefits of Income-Based Repayment (IBR)? Contrary to information you find in the Internet suggesting you are not entitled to the benefit of a reduced monthly payment plan under IBR. In searching the Internet I found that most sites tell [...]
If you default on your student loan, wage garnishment is a distinct possibility taken by the lender. There are steps you can take to stop the wage garnishment but it is better to do something about your loan before it comes to that Visit this website to read more: http://helpstudentloandefault.com/student-loan-wage-garnishment/
