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
Student Loan Default
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?
Automatic Default on Student Loans
These days millions of people find themselves taking out student loans in order to pay for the high cost of college. However, many young adults and recent high school graduates are not able to obtain a loan on their own so they rely on a parent or … [Read more...] about Automatic Default on Student Loans
Understanding Delinquency vs Default On Student Loans
Understanding Delinquency vs Default On Student Loans What is default? The term "default" means you have failed to make payments on your student loan as scheduled according to the terms of your promissory note, the binding legal document you signed … [Read more...] about Understanding Delinquency vs Default On Student Loans
Hard Time Paying Your Student Loans?
Are you having a hard time paying your student loans? Do not default, you have options! Learn how to postpone or delay your student loan payments! FORBEARANCE VS DEFERMENT ON STUDENT LOANS If you have a student loan and are having a hard time … [Read more...] about Hard Time Paying Your Student Loans?
