Blog Posts in 2014

  • Bad things can happen to those who default on federal student loans. Borrowers may be subject to income tax intercepts, administrative wage garnishments, and seizure of some government benefits. If you are in default, you want to get out as quickly as possible. This post will talk about two ways to cure defaulted federal loans. Consolidation. The first option is to consolidate defaulted loans into ...
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  • Private student loans are originated by private lenders and they may be insured by other private entities. They are not guaranteed by the United States Department of Education. Because these are not federal loans, the remedies that are available are much different if a default should occur. Therefore, careful consideration should be given before taking out a private student loan. From a practical ...
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