Sentences with phrase «lose qualifying payments»
Those two don't qualify, but I did not want to consolidate them and lose qualifying payments.
https://www.survivingstudentloans.com/ Not exact matches
If you're paying your current loans under an income - driven repayment plan, or if you've made qualifying payments toward Public Service Loan Forgiveness, consolidating your current loans will cause you to lose credit for any payments made toward income - driven repayment plan forgiveness or Public Service Loan Forgiveness.
So, if you need two incomes to qualify for a mortgage, how will you make your payments if one of you loses a job?
Borrowers who refinance federal student loans with private lenders lose access to borrower benefits like access to income - driven repayment programs and the potential to qualify for loan forgiveness after 10, 20 or 25 years of payments.
Additionally, if you received an up - front interest rebate, and you have not made the on - time qualifying payments to earn the rebate, the rebate may be lost.
For example, if you have a period of employment with a nonqualifying employer, you will not lose credit for prior qualifying payments you made.
If you have both Direct Loans and other types of federal student loans that you want to consolidate to take advantage of PSLF, it's important to understand that if you consolidate your existing Direct Loans with the other loans, you will lose credit for any qualifying PSLF payments you made on your Direct Loans before they were consolidated.
If you make qualifying PSLF payments on a Direct Loan and then consolidate that loan, you'll lose credit for the PSLF payments.
Keep in mind that when refinancing with a private lender, you lose federal borrower benefits such as access to income - driven repayment programs, forbearance, or deferment, and the potential to qualify for loan forgiveness after 10, 20 or 25 years of payments.
The rules get even more confusing, «If you have both Direct Loans and other types of federal student loans that you want to consolidate to take advantage of PSLF, it's important to understand that if you consolidate your existing Direct Loans with the other loans, you will lose credit for any qualifying PSLF payments you made on your Direct Loans before they were consolidated.»
Forbearance may affect your eligibility for, or cause you to lose, borrower benefits or repayment incentives (such as cosigner release) that require on - time payments to obtain the benefit or retain it after qualifying.
This means that if you lose your job your loan payments may qualify for a temporary hold.
If you lose your job or leave the workforce temporarily, for example, you may qualify for deferment, which allows you to postpone your federal student loan payments for a period of time.
The lawsuit filed says, «When PHEAA causes borrowers to lose the opportunity to make qualifying payments towards loan forgiveness due to its own servicing failures, PHEAA does not remediate borrowers accounts to account for the lost months.
I understood that I would lose a month of qualifying payments on these Direct Loans, but I was that was something I was willing to accept for a simplified loan.
Refinancing is not for everyone — borrowers who refinance federal loans with private lenders lose borrower benefits like access to income - driven repayment plans and the potential to qualify for loan forgiveness after 10, 20, or 25 years of payments.
Additionally, if you received an up - front interest rebate, and you have not made the on - time qualifying payments to earn the rebate, the rebate may be lost.
If you refinance government loans with a private lender, you'll lose access to programs like income - driven repayment, and the chance to qualify for loan forgiveness after 10, 20, or 25 years of payments.
If you include your Direct Loans in the consolidation, you will lose credit for any of the required 120 qualifying PSLF payments you made before the loans were consolidated.
If you have been injured cycling in Massachusetts, having access to qualified, experience attorneys will pay off when dealing with insurance companies for medical bill payment, lost wages, bike repair and payment for pain and suffering.
Our attorneys can help you obtain what the law allows for your lost wages, payment of medical bills and additional compensation for qualified permanent injuries.
Losing your health insurance because you didn't make the premium payment doesn't qualify you for a special enrollment period on the exchange.
The new changes allow borrowers who meet a set of strict criteria to qualify for an FHA loan only 12 months after losing their house for failure to make payments.