Browsing: default

A person walks on campus at Muhlenberg College in Allentown, Pennsylvania, U.S. March 26, 2025. Hannah Beier | ReutersBorrowers face plan changes, long waits for helpCollection activity…

After a five-year suspension that began in March 2020, the Trump administration is turning the student loan default collections machine back on. Millions of borrowers with…

After a five-year pause, the U.S. Department of Education is resuming collections on federal student loans that are in default. Starting May 5, 2025, borrowers who…

What happens if you default on a business loan? Source link

Mementojpeg | Moment | Getty ImagesBorrowers should ‘not let it get this far’Borrowers should receive numerous notices from their student loan servicers before they go into…