The CFPB's student loan ombudsman, Seth Frotman, just released the Annual Report of the CFPB Student Loan Ombudsman which looks at complaints the CFPB has received
regarding federal and private student loans.
Not exact matches
There's no doubt that refinancing can be helpful for
private student loan borrowers, but given the repayment flexibility
and loan forgiveness options the
federal government provides, it's a tougher decision to make
regarding federal student loans.
NextGenVest is a company that works with
students to ensure they are getting the information they need in
regards to finances,
federal education
loans,
and private student loans.
The following table shows the complaints made against each servicer
regarding all types of
student loans - both
federal and private.
It's helping those who want to better themselves through education to pay off their
loans sooner rather than later.NextGenVest is a company that works with
students to ensure they are getting the information they need in
regards to finances,
federal education
loans,
and private student loans.The company saw the issues that many
students face with conflicting information
and a lack of access to sound financial advice for those...
Once the
federal government or a
private lender originates a
student loan, a third party, the
student loan servicer, is hired to collect payments
and handle any problems
regarding the
loan.
Since there is more flexibility
and protection
regarding federal student loans, you might consider making minimum payments through income - driven repayment plans for now so that you can work to pay off any
private loans first.
The two main options in that
regard are
federal student loans and private student loans.
There's no doubt that refinancing can be helpful for
private student loan borrowers, but given the repayment flexibility
and loan forgiveness options the
federal government provides, it's a tougher decision to make
regarding federal student loans.