Published on 2011-04-25 16:05:36 By admin
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 [...]
Published on 2011-11-03 15:00:34 By admin
Millions of student facing problems to pay student loans, what can you? The U.S. Department of Education today released the official FY 2009 national student loan cohort default rate, which has risen to 8.8 percent, up from 7.0 percent in FY 2008. The cohort default rates increased for all sectors: from 6.0 percent to 7.2 [...]
Published on 2011-08-16 15:02:40 By admin
There are many ways to deal with defaulted student loans. One of the simplest ways to satisfy defaulted student loans is to consolidate all outstanding loans into one lump sum then refinancing that amount under a new interest rate and/or agreement. With this in mind you may ask “Can I consolidate my defaulted student loans”? [...]
Published on 2011-04-04 17:37:56 By admin
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 [...]
