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Student loan forgiveness will not be available to these borrowers

President Joe Biden (Photo by Kevin Dietsch / Getty Images) Getty Images The student loan exemption will not be available for these student loan borrowers. Here’s what you need to know. Student loans If there are more student loan cancellations, it’s clear who this will help. Democrats in Congress and President Joe Biden agree there […]

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If you are refused forgiveness for a student loan, do so

WASHINGTON, DC – SEPTEMBER 24: US President Joe Biden listens during a Quad Leaders Summit in the … [+] East Room of the White House on September 24, 2021 in Washington, DC. (Photo by Sarahbeth Maney-Pool / Getty Images) Getty Images The cancellation of student loans continues to be a topic of debate as millions […]

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What to do while waiting for news on student loan forgiveness

sorry340 | iStock | Getty Images It has now been more than seven months since President Joe Biden asked the United States Department of Justice to review its legal authority to cancel student debt. The agency has yet to release its findings. And although Main Democrats argue that the president can cancel debt through executive […]

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Find Your Federal Student Loan Consolidation Rate

Your federal student loan consolidation interest rate is the weighted average of your federal loan interest rates, rounded up to the next eighth of a percentage point. This means that larger loans are more important in your final interest rate. See your consolidation rate How Federal Loan Consolidation Rates Work Consolidation simplifies your payment. When […]

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Vs student loan consolidation. Refinancing

It is not possible to Consolidation now covers student loans also federal loans Private student loans aren’t suitable for this program. Refinancing student loans can yield a lower rate than the original loan conditions. If you refinance federal loans through a private lender you are unable to obtain some important borrower security features. Find out […]

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BBBTips Do Your Homework on Student Loan Consolidation

As the impact of COVID-19 on daily life diminishes, student loan borrowers whose repayments have been suspended due to the virus may consider their options to resume payments on this potentially life-altering debt. This may lead some borrowers to turn to debt consolidation. Better Business Bureau cautions borrowers to research these options carefully and not […]

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How Payday Loan Consolidation Works

Drowning in Payday Loans? These options can be useful. (iStock) Payday loans are a short term option for cash strapped consumers. But they are hardly a saving grace. With exorbitant interest rates and short repayment terms, they often incur more costs than they are worth. They can also cause a vicious cycle of debt that […]

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Big Bank Student Loan Consolidation: Review These 6 Pros and Cons

Note that the student loan situation has changed due to the impact of the coronavirus outbreak and the relief efforts of the government, student loan lenders and others. Check out our Student Loans Hero Coronavirus Information Center for news and additional details. * * * Bigger may be better for some borrowers, but for others […]

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What you need to know about consolidating student loans to fight the coronavirus | Ranger student loan

The health and economic emergency of COVID-19 has caused temporary financial hardship for many Americans, making it difficult for many federal student loan borrowers to keep up with their monthly payments. In March, Congress brought much-needed relief to most of these borrowers by putting their accounts into automatic emergency forbearance and suspending accrued interest on […]

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Nelnet Student Loan Consolidation or Refinancing: How to Choose

If you are repaying Nelnet student loans, you may be wondering what your options are for Nelnet student loan consolidation and refinancing. Both options can simplify repayment, and refinancing your loans can save you a lot of money. Read on to learn the differences between consolidating and refinancing Nelnet student loans so you can decide […]