Consolidating american education services loans

21-Mar-2016 11:24

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Fed Loan Servicing is a student loan servicer, which means it collects loan payments and helps borrowers sign up for alternative repayment plans for the Department of Education.

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The easiest way to pay your loan bill is to sign up for direct debit, which will deduct the required monthly payment from your bank account automatically. 2017 is shaping up to be the best year on record for those needing help with private student loan debt. First, President Donald Trump’s student loan forgiveness plan appears to promise a major shake up of the student loan and student loan repayment industry.Second, the Federal Government’s Consumer Financial Protection Bureau has essentially launched an all-out war on Navient, the country’s single-largest servicer of student loan debt, creating what amounts to a Navient Student Loan Forgiveness Program that’ll help anyone who still owes money to the company (whether that debt is Public or Private in nature).To find out how to deal with your private loans, read through this page and I’ll explain exactly what you need to do.

If you’re in a hurry, if you have questions, or if you have a complicated financial situation that isn’t explained here, then I recommend calling the Private Student Loan Relief Helpline, which is a service that can deal with your debt on your behalf.To enroll in direct debit, create an account on Fed Loan Servicing’s website.

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