Student loan debt collection resumes on May 5. Here's how borrowers can prepare to repay loans and get lower monthly payments ...

The Department of Education restarted collections of loans in default on Monday, putting millions of borrowers at risk of ...

But what does all this mean for your credit score ... Though you can request a forbearance on your loan as many times as you want, it's not recommended to do so often. Lenders and servicers ...

Once you’ve failed to make a loan payment in 270 days, you will probably enter into default. That means, as of May 5, the government can take your federal tax refund ... enroll in a different ...

If you log in to your account on the federal website, StudentAid.gov, you’ll find your dashboard with details on how much you ...

"I have no idea how much I'll be expected to repay, so I cannot begin to budget or save for those repayments," one SAVE ...

Second, understand that consolidating your loan will stop collection activity, but there are still consequences. "Although consolidation is quicker, it does not remove the default from the ...

A charge-off is when a lender writes off your ... loan, you may get a charge-off notice from the creditor. Although the notice may indicate the lender is no longer expecting payments, it doesn’t ...

Your friend is experiencing buyer’s remorse.” “Buyer’s remorse? What does it mean ... whether you’ll be able to repay the loan you’ve probably taken.” ...

Wage garnishment starts this summer for loans left in default. But you can still have options if you're behind on payments.

This benefit is suspended during periods of deferment and forbearance ... Compare loan options and get your rates today. What Does It Mean to Refinance Student Loans? Why Should You Refinance ...

Federal student loans ... benefit lowers your interest rate but does not change the amount of your monthly payment. This benefit is suspended during periods of deferment and forbearance.