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Debt consolidation and bankruptcy are strategies to relieve debt, but the effects are radically different. Bankruptcy can ...
Consolidating federal and private loans can result in a lower interest rate or monthly payment, but be aware that you may lose benefits associated with federal loans.
See the best student loan refinancing companies when it comes to rates, flexibility and finding a top deal with AOL's ...
NEW YORK (AP) — Millions of Americans are seeing their credit scores suffer now that the U.S. government has resumed referring missed student loan payments for debt collection. After 90 days of ...
The Federal Reserve Bank of New York reported that in the first three months of 2025, 2.2 million student loan recipients saw their scores drop by 100 points, and an additional 1 million had drops ...
Student loan payment delinquencies are appearing on credit reports for the first time in more than 3 years, affecting credit scores for millions. Here’s what that means, and what to do about it.
Credit scores decline for millions as U.S. student loan collections restart The Federal Reserve Bank of New York reported that in the first three months of 2025, 2.2 million student loan ...
Celina Damian’s phone has been ringing off the hook with one bewildered, anxious question after another: “What kind of loan is this?” “Am I in default?” “Will the government really take my wages?” ...
The U.S. Department of Education planned for the Treasury Department to take a hand in managing the country's $1.6 trillion student loan portfolio, recent court documents show. "The Department had ...
U.S. Dept. of Ed is collecting on defaulted student loans for first time since the COVID-19 pandemic. CT and other states are taking action.