Sentences with phrase «student loan modifications»

Participants discussed strategies to assist borrowers in successfully managing their private student loans, including servicing best practices and approaches to private student loan modifications and refinancing.

Pay as you earn is a student loan modification that stretches the term of the loan and in some cases may reduce principal.

Not exact matches

Student Aid Center misled consumers to believe that they could receive loan forgiveness or modification if they paid unlawful upfront fees, and tricked consumers into thinking the operation was involved in the approval process.

It's important to remember that when you default on a student loan, you are no longer eligible for loan modification, deferment, forbearance, repayment plans, forgiveness or consolidation until you rehabilitate your loan.

It is a followup to my article here where I looked at federal student loans that received a modification, settlement...

On her bill, the Private Education Loan Modification Act, she commented, «I'm trying to make it easier for students to refinance private education loans at today's low interest rates.»

Despite the Secretary's claim that her modifications would «ensure the best outcome for federal student loan borrowers,» we found that for nearly all the choices the Secretary made, where there was an option to make things easier for borrowers or harder, the Secretary chose harder.

This is big news for the private student loan industry, as it has notoriously lacked the kind of modification options available to borrowers through federal student loan programs.

Their current services include debt consolidation, debt settlement, tax debt relief, home loan mortgage modification, business debt relief, as well as student loan default services.

Debt Modification — Many people have additional debt from things like credit cards, student loans, and personal loans.

A bipartisan bill, H.R. 1614, that would allow student loan borrowers to «modify the interest rate of such loans to be equal to the interest rate for such loans at the time of modification» has been introduced once again to the House of Representatives.

Your mortgage may be eligible for a loan modification program, and it is often possible to request a deferment on your student loan.

Medical and dental student loan borrowers will have to deal with modifications to both the variable and fixed interest rates on Citizens Bank's private student loans.

Variable rates on private student loans for graduate students also saw some modifications.

«We are hearing from consumers that they are driven into default because private student - loan companies are not providing concrete loan - modification options,» Richard Cordray, the director of the federal government's Consumer Financial Protection Bureau, said.

Although pure speculation, the changing Executive Office may bring about pivotal modifications to student loans.

[3] The student lending market currently is marked by a lack of consumer protections or loan modification options for borrowers who are struggling with their debt or who may not have a clear understanding of the best repayment options available to them.

Comments Off on Florida Families: As Parents Welcome Kids Back Home to Live, Conflict Between Student Loan Debt and the Kids» Dream of Home Ownership Tags: Condo Law, Condominium Lawyer, Florida Condo Law, Florida Condominium, Florida Homestead, Florida Law, Florida Real Estate, Home Loan Credit Issues, Loan Modification, South Florida Lawyers