Sentences with phrase «borrowers get on track»

With around $ 8 billion in total private student loans in the United States, lawmakers want to find a way to help these borrowers get on track with their debt and also wipe it off of their credit reports so they can achieve other personal and financial goals in the future.

Adam is one of the few attorneys in the entire country who knows anything about student loan laws and the programs out there to help borrowers get on track and keep up with affordable payments.

Not exact matches

Borrowers who have withdrawn from their retirement accounts to repay student loans for parents need to play catch - up to get back on track.

While the rehabilitation process was designed to help borrowers, there are systemic issues that make it difficult for graduates to get back on track.

It set guidelines for servicers handling multiple loans and focused on helping lapsed borrowers get back on track.

The lenders will be looking for a clear demonstration from the VA borrower that they got back on track since the foreclosure and now have the ability and willingness to make their VA loan payment on time each month.

Make sure the banks that service federal loans are held to high standards and provide better information to borrowers; and raising the bar for debt collection to make sure that fees charged to borrowers are reasonable and that collectors are fair, transparent, and help borrowers get back on track.

The good news is, your cosigner won't necessarily be taking on those obligations forever — many lenders will release the cosigner after the borrower has established a track record of making payments (for more on the topic, see «How adding a cosigner can help you get a better loan «-RRB-.

From the basics of financial aid to staying on track during repayment, we've got free articles, tools, and eBooks to help borrowers better understand their options at every stage of the student loan process.

Therefore, borrowers who re-default will often be stuck in default indefinitely — with no further chance to get back on track and in good standing.

If a borrower is in danger of defaulting on their debt, a restructured auto loan agreement can be helpful for getting their finances back on track.

In the end, mortgage lenders who can effectively modify mortgages for borrowers in default will be in a position to get those borrowers back on track, keep them in their homes and revitalize the income streams from these deals.

While the United States government has been relying on debt collectors to help defaulted student loan borrowers get back on track, analysis from the CFPB claims that the money is going to waste.

Similarly, no available data allow policymakers to evaluate the effectiveness of economic hardship deferment or voluntary forbearance — two options that allow borrowers to temporarily stop payments — or to determine if these options help individuals get back on track or are simply waypoints to default.22

But still, calling the borrower and threating to break his legs to collect would get the hammer lowered on that seller under that Act, so would calling the borrower at work or calling friends or tracking him down in a public place.

Other service firms such as title companies, appraisers and engineering firms also are hooked into the online network, so the borrower can get bids and track the progress of the loan on Redbricks.com's online system.