Instead of working another day for another dollar – it’s for another student loan payment, right? Just ask any recent college graduate, whose average student debt is nearly $30,000! If you’re a former college student with high student loan debt, you know how hard it is to make your student loan payments. Not only are the loan payments hard …
Did you receive a lawsuit on your student loans and you are wondering what to do? You aren’t alone. Thousands of people get sued over their student loans every day because they couldn’t afford to make their loan payments. It’s not your fault; when the monthly amount is more than you can afford and …
What to do if you received a student loan lawsuit Read More »
Announcement: My law firm is now accepting student loan cases where one of the “National Collegiate Trust” entities, which often have numbers such as “2007-2″ or 2006-3,” is suing the borrower and/or co-signer. So if you or someone you know have recently received a lawsuit from National Collegiate Trust, please give me a call to …
Sued by National Collegiate Trust? Now Accepting Cases! Read More »
This will be a small seminar limited to only 8 people. Those who have student loan problems but don’t know where to turn should attend. If you end up needing to hire me afterward, I will credit the full cost of your ticket toward my fees. If you attend, first find out exactly what types …
In the August 28, 2014 edition of the Times of Trenton newspaper, a reader wrote a letter to the editor urging changes to the NJCLASS student loan rules. According to the published letter, the letter writer happens to be an employee of the State of New Jersey. He complains that while NJ state income-tax money …
“How did my NJCLASS loan balance get so high?” This is a common question that stretches beyond just NJCLASS loans, as it affects most student loans. Many student-loan borrowers wonder how their student loan balance grew to be so high, especially when it’s only been a few short years since the original loan amount was …
Do you have an NJCLASS loan in default? Here’s what happens and what you can do. NJCLASS loans are set up in a certain way to keep most borrowers from defaulting. The primary method that NJHESAA seems to use to keep NJCLASS borrowers from defaulting is by requiring cosigners. New Jersey state law governs NJCLASS …
Do NJCLASS loans have a positive or negative impact on your credit score? While a good, on-time payment history of student loans can positively impact your credit score, students with NJCLASS loans are finding that there is a long-lasting negative impact on their credit when they default. If you make your NJCLASS student loan payments …
In a word, no. First of all, the “new program” isn’t really a new program at all – it’s an extension of a program that Obama first signed into law in 2012, known as the “Pay As You Earn” program (or PAYE). Originally, the 2012 version of PAYE allowed only *new* student-loan borrowers to pay …
Will Obama’s new student loan program help me with my private loans? Read More »
Looking for a reason to be happy about borrowing money from Sallie Mae? Sallie Mae, one of the country’s largest private student-loan lenders, recently announced that it will offer new private student loan borrowers their quarterly FICO credit scores for free. If you’re not familiar with the FICO score, it’s a specific credit score that …
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