Student loan borrowers have until June 30 to meet a deadline that could lead to quicker debt forgiveness. Here's what borrowers should know. Student loan borrowers have until the end of June to meet a deadline that could lead to quicker debt forgiveness. Some could even see their debt cleared...

Student loan forgiveness deadline is June 30. Here's what borrowers need to know

As parents, we often go to great lengths to support our children’s education, including taking out loans to cover college costs. Parent Direct PLUS loans are a popular option for many families but can also lead to significant debt. Fortunately, there is a program that can help ease this burden: the Public Service Loan Forgiveness (PSLF) program.

Parent PLUS Loans: Eligibility for Public Service Loan Forgiveness (PSLF)

Consolidating certain federal student loans into a new Direct Loan can help you take advantage of forgiveness options. The Department of Education has extended the student loan consolidation deadline to June 30. Even if you already have Direct Loans, consolidating may help you maximize your debt relief. If you have...

Student Loan Forgiveness Deadline: There’s Only a Few Weeks Left to Maximize Your Debt Relief

There's been much ado about federal student loan forgiveness with little relief directed to students holding private student debt. However, a little-known program directed by private student loan lender Navient is forgiving private loans for borrowers seeking relief on the grounds that their school lied to them. The Project on...

Borrowers urged to apply for Navient's private student loan forgiveness

The first round of Social Security checks for July are headed your way, and unlike June, the payment schedule is back on track without any delays or early payments this month. If you're expecting your check this week, it should arrive this Wednesday. Also, if you're still waiting on your June check, there are a couple of reasons why it may not have arrived.

Social Security July Check 2024: When Will You Get Paid?

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Paying student loans isn't fun -- who doesn't want to pay less? The promising news is that you just might. Check Out: How Much Does the Average Baby Boomer Have in Savings? Read Next: 7 Common Debt...

Your Student Loan Bill Could Drop by as Much as $473 Very Soon — Here’s Why

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Business Insider

The CFPB sued student-loan company PHEAA, accusing it of ignoring borrowers' bankruptcy discharges and sending false information to credit agencies.

A major student-loan company has 'illegally' tried to collect payments from borrowers whose balances were already wiped out through bankruptcy, a federal watchdog alleges in a new lawsuit

Some borrowers on the Saving on a Valuable Education repayment plan, or SAVE, were notified this week that they won’t need to make a student loan payment next month. The Department of Education placed them in a “processing forbearance” as it recalculates payments in July, a DOE spokesperson told CNET Money.

Student Loan Payments Paused for Nearly a Million Borrowers Starting in July

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  With inflation and interest rates high, many consumers are struggling financially. The burden can be particularly heavy for those carrying credit card debt. The average interest rate on credit cards now sits at over 21%, up from just 14% a few years ago. The result is steadily rising balances and minimum payments that can often feel out of reach.Fortunately, there are options for tackling that debt effectively — and without hurting your credit score in the process. We asked...

These 2 debt relief options won't hurt your credit, according to experts

Steven Perry, 58, thought the notice confirming his student-loan forgiveness was a scam. But after decades of payments, he finally got debt relief.

A Gen Xer got $110,000 in student loans forgiven after he'd paid off more than he borrowed. It's allowed him to scrap his plans to work part time in retirement.

Have you ever wondered what happens to old debts that seem to vanish into thin air, only to resurface when you least expect it? Understanding the statute of limitations on debts can feel like deciphering a cryptic code that varies by state and the type of debt you have. It’s a crucial piece of the puzzle for managing your financial health, especially if you’re exploring options like a debt relief program to clean up your financial slate. So, let’s break down this somewhat misunderstood legal framework and what it means for those lingering accounts on your credit report.

Debts and the Statute of Limitations

A defaulted student loan happens when the borrower does not make payments on their student loan, often for a few months or more. Having a student loan in a default state can have serious consequences, including poor credit, the loan payments becoming due in full immediately, the lender taking you to court and not being eligible for forbearance or deferment.

What is student loan default?

After judges blocked key parts of the SAVE student-loan repayment plan, the Education Department said some borrowers would be placed on forbearance.

Student-loan payments will be paused for 3 million borrowers after federal judges blocked debt cancellation and cheaper bills through Biden's new repayment plan

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Alameda Post

California regulators just stopped AT&T from pulling the plug. California’s Public Utilities Commission on June 20 rejected AT&T’s application to stop providing landlines and other services in areas where there is no other option.

Still Need Your Landline?

Nearly 1 in 5 student loan borrowers in the U.S. — or 19% — say they are hiding their debt balance from their partner, according to a recent report. Shame, guilt, depression and anxiety swirling around the topic of student debt can lead people to keep secrets, therapists say.

Nearly 1 in 5 student loan borrowers keep their balance a secret from their partner

Many FAFSA corrections won't be processed until mid-August, which could delay when students see their student loan money. Batch corrections to student FAFSA forms won't be processed until the first half of August. This may have a direct impact on students' ability to receive federal financial aid in time for...

Ongoing FAFSA Issues Threaten to Derail Financial Aid Awards

When money’s tight and your credit score’s in the dumps, getting a loan from a bank can feel like trying to win the lottery. But don’t sweat it—bad credit loans are here to save the day. Let’s break down what these loans are all about and how they stack up against the usual bank loans.

A Second Chance: Best Bad Credit Loans for a Fresh Start

If you find that your savings are limited and you’re still a week or two away from payday, what can you do when faced with an unexpected expense or financial emergency?. When there are no clear ways to resolve your situation it can be stressful, which is why same day payday loans can provide the help you’re looking for.

Applying for Same Day Loans: What You Need to Know

I didn’t wake up one day and decide to launch a side hustle. It was quite the opposite. After my neighbor’s dog-sitter ghosted her right before a trip, I volunteered to watch her dog for a few days. That’s when I realized how easily I could work dog-sitting into my life as a part-time gig.

I Never Thought I Could Make This Much Money Dog-Sitting

Like everything else, internet seems more expensive than ever these days. And despite efforts like the US Federal Communications Commission's recently mandated labels for home internet plans, the total you see on your internet bill never seems to be quite what you expected when you signed up. So I set...

How Much Does Internet Cost, Really?

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Student Loan Forgiveness Deadline: There Are 10 Days Left to Maximize Your Debt Relief

Consolidating federal student loans that aren’t currently eligible for forgiveness programs could help you qualify for debt relief. You must consolidate by June 30th to apply...

Student Loan Forgiveness Deadline: There Are 10 Days Left to Maximize Your Debt Relief

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