Maybe you lost your job or faced an unexpected emergency expense. Whatever the reason, you’ve fallen behind on your mortgage — and now there’s a notice of default on your door. But what is a notice of ...
It has been more than five years since referrals for collections regarding student loans in default were paused as a form of temporary financial relief during the COVID-19 pandemic. Biden’s ...
The Trump administration says it will soon resume collections on defaulted student loans for the first time in five years, raising questions and anxieties for millions of borrowers across the country.
The U.S. government will resume involuntary collections on defaulted federal student loans next month, the Education Department announced Monday, ending a five-year pause that began at the start of ...
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What Happens if You Default on a Personal Loan?
Defaulting on a personal loan can damage your credit score and lead to both legal and financial trouble. If you aren’t able to make payments, talk to your lender as early as possible to avoid default ...
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