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12 votes
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Small businesses continue legal battle over denied pandemic aid
12 votes -
Navient reaches $120 million settlement with Consumer Financial Protection Bureau for misleading US student loan borrowers
21 votes -
US appeals court blocks all of Joe Biden's SAVE student debt relief plan
45 votes -
Graduated in December 2023, but federal student loan servicer still lists my loan status as "in school" and that repayments will not begin until December 2025?
Screenshot for clarity My understanding was that after I graduated, I would have a six-month grace period, during which no loan payments would be due. At some point during that six-month grace...
My understanding was that after I graduated, I would have a six-month grace period, during which no loan payments would be due.
At some point during that six-month grace period, my university should have notified "the feds" or my loan servicer that I had graduated, so that they could appropriately adjust my loan status and start date of my repayments.
Well, we are seven, almost eight months post-graduation, and my loan repayments still are not due to begin until December 2025.
I'm still looking for a job, so if I can continue to put off repayment, that would be great.
Of course, if my loan status finally updates, and the servicer realizes I was supposed to start repayment in July 2024, but didn't, then that would not be great.
What do?
Literally this evening I intended to just go ahead and sign up for the SAVE plan, so I wouldn't have any payments until I got a job, even if my loan servicer woke up and realized their mistake. Unfortunately, republicans hate America, so that plan is looking dead in the water. I might go ahead and try to sign up anyways. Maybe I will continue to get lucky.
7 votes -
Failed Graceland sale by a mystery entity highlights attempts to take assets of older or dead people
21 votes -
Bad property debt exceeds reserves at largest US banks
23 votes -
How millions of US borrowers got $127 billion in student loans canceled
15 votes -
Canadian federal government considering new caps on payday lending and high risk lending
12 votes -
Africa is dogged by debt
10 votes -
US President Joe Biden is still trying to forgive student debt in ‘a very direct confrontation’ with US Supreme Court, expert says
59 votes -
US Education Department readies latest tranche of student debt relief but faces new legal challenges to the program
18 votes -
US auto loan rejections hit record high as consumer credit standards tighten
29 votes -
US Supreme Court strikes down President Biden's student loan forgiveness: Now what?
117 votes -
US President Joe Biden can probably forgive student debt even if Supreme Court of the United States rules against him
28 votes -
Google to prohibit personal loan apps from accessing user photos, contacts
11 votes -
After Signature Bank deal, FDIC is left with $11 billion in ‘toxic waste’ loans
6 votes -
Grab – Asia's Uber – knows customers and drivers so well it can vet them for loans
6 votes -
The Biden-Harris administration's US student debt relief plan
35 votes -
The new US Income-Driven Repayment system could cause some big problems
7 votes -
Sri Lanka defaults on debt for first time in its history
4 votes -
Defrauded students to receive loan forgiveness
9 votes -
How a $17 billion bailout fund intended for Boeing ended up in very different hands
4 votes -
US taxpayers' virus relief went to firms that avoided US taxes
12 votes -
Education without loans
5 votes -
US Federal Reserve treads cautiously into municipal market with loan lifeline
5 votes -
US banks warn of 'utter chaos' in new small business lending program
9 votes -
Judge rules that student loan debt is dischargeable in bankruptcy
18 votes -
Money stuff: You can’t just call loans options
5 votes -
US Congress promised student borrowers a break. Education dept. rejected 99% of them.
20 votes -
College financial-aid loophole: Wealthy US parents transfer guardianship of their teens to get aid
15 votes -
British Columbia ending interest on new and existing student loans
10 votes -
Predatory lending practices: Business borrowers hurt by "confession of judgment" filings
9 votes