Analysis of bankruptcy filings has demonstrated that borrowers with knowledgeable representation have a much greater likelihood of
success than borrowers without counsel.
Not exact matches
Remondi also used the interview to defend Navient's
successes with student loan
borrowers, saying it leads the industry in number and percentage of
borrowers who are enrolled in income - driven repayment plans, has the lowest level of severely delinquent
borrowers, and the lowest level of defaults in the industry at a rate that he says is 31 percent lower
than peers.
Our hypothesis was and is that many
borrowers are better
than their credit scores indicate, simply because their scores don't factor in their previous borrowing
successes.
More
than anything, the lopsided
success of Givling — low daily revenues and a long funding queue — highlights the desperation felt by many
borrowers and the need for new policy measures to address the long term economic burden of student loans.