It’s been over three years since many Americans have been required to make payments on their federal student loan debt. Repaying any debt can be overwhelming, and the complex federal student loan system can only add confusion to the process. Here are our best tips for restarting your federal student loan payments in October: Find…
The post Best Tips for Restarting Federal Student Loan Payments in October. appeared first on Northwest Consumer Law Center.
By Christina Henry, NWCLC Board Member. There have been many changes to assist with forgiveness for federal student loans in the last couple of years. The most important changes that anyone with loans, especially if you’re a public service worker or low-income should be aware of are as follows: Understanding ARPA Under the ARPA, any…
The post Your Guide to Recent Student Loan Forgiveness Changes appeared first on Northwest Consumer Law Center.
With federal student loan repayment starting again on October 1, you may be wondering how you’re going to be able to resume payments. After all, it’s been over three years since millions of borrowers have had to submit a federal student loan payment. Fortunately, federal student loans have straightforward payment plans in place. Find out…
The post Federal Student Loan Repayment Plans: Which One Will Work for You? appeared first on Northwest Consumer Law Center.
With all that’s going on surrounding student loans, private student loan borrowers have been feeling left behind as the focus has been on federal loans. Private student loans, for some borrowers, can be a necessary resource for funding higher education, and they come with their own unique considerations and challenges. Unlike federal student loans, which…
The post Exploring Options for Private Student Loans: What Borrowers Need to Know appeared first on Northwest Consumer Law Center.
On Friday, June 30, 2023, the U.S. Supreme Court rendered a highly divided decision that blocked President Biden’s federal student loan cancellation plan, with six of the justices striking down against cancellation. This decision had a significant impact on nearly 40 million Americans who were anticipating relief from overwhelming student loan debt. While we are…
The post How to Deal with Your Federal Student Loans Post-SCOTUS Decision appeared first on Northwest Consumer Law Center.
The federal government paused student loan payments and interest accrual on federal loans in March 2020, but that pause is set to expire this fall, with interest accrual starting September 1st and payments resuming October 1st. Throughout the payment pause, it is possible that your loans were transferred to a new loan servicer (or…
The post Managing Payments and Exploring Options For Borrowers in 2023 appeared first on Northwest Consumer Law Center.
On February 28, 2023, the Supreme Court of the United States will hear oral arguments on two separate cases, both of which challenge President Biden's loan forgiveness program.
The post Student Loans Go Before the Supreme Court appeared first on Northwest Consumer Law Center.
Olivia* received the summons and complaint for this case in the middle of the pandemic for private student loan debt from over 5 years ago. The client had a bad period where she was suffering from a medical condition where she was not able to make regular payments on the card. The debt buyer sued to collect $8,000. After pushing hard for discovery, OC agreed to discuss settlement. NWCLC was able to settle for a full discharge of the debt, removal of the tradeline on her credit reports, and payment to the client in the amount of $2,000.00. *Names and Identifying facts have been changed