Default is one of those big, scary words. Defaulting on your student loan is an unfortunate thing, and can have a number of negative consequences. But there are things you can do to get out of it and fix the damage. So what is Student Loan … [Read more...] about How To Get Student Loans Out Of Default
Student Loan Repayment Plans
Should I Defer My Student Loans?
There are several reasons as to why somebody may be unable to meet the repayments on their student loans. If you're one of those people, you may be wondering, "Should I defer my student loans?" It is important to note that deferment is not right for … [Read more...] about Should I Defer My Student Loans?
Why Student Loan Borrowers Are Doomed To Default
According to Market Watch, some of the most vulnerable student loan borrowers have been set up to fail. This is based on new information released by the Consumer Financial Protection Bureau which discovered over 220,000 people who have defaulted on … [Read more...] about Why Student Loan Borrowers Are Doomed To Default
How Student Loans Work
Unless you are exceedingly fortunate on a financial level, you will probably need to take out student loans to cover the cost of your education. Unfortunately, the world of student loans is incredibly complex. It seems that no matter how much … [Read more...] about How Student Loans Work
Why The Student Loan Default Rate Is Down
The Department of Education has announced that the number of people that are not making payments on their federal student loans within three years has fallen. The national student loan default rate is now at 11.3% which is down from 11.8% in the … [Read more...] about Why The Student Loan Default Rate Is Down
Will Bankruptcy Erase Your Student Loans?
Annual bankruptcy filings are steadily decreasing as you can see in the chart above. However, things like national economic changes or shifts in the job market can cause bankruptcy rates to skyrocket. With so many students carrying … [Read more...] about Will Bankruptcy Erase Your Student Loans?