Student loan borrowers enrolled in the federal Saving on a Valuable Education (SAVE) plan reported unexpected increases in their loan balances, despite government assurances that no interest would ...
KEY TAKEAWAYS The newly created Repayment Assistance Plan will be available in less than a year. For many student loan borrowers, monthly payments are expected to be more expensive than current plans.
"Although no payments are due at this time, interest continues to accrue on your loan(s) during the forbearance period," Mohela wrote to Bruecker in the June 1 letter, which CNBC reviewed. "You have ...
A new report finds that scores dropped the most for those age 18 to 29. Here’s how to deal with a drop in your score. By Ann Carrns Young adults, those 18 to 29, are starting to see the negative ...
We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. Under this new law, student loan borrowers could, in the coming years, ...
You may need to reapply for an income-driven repayment plan if your student loan servicer is Mohela. An income-driven repayment plan can offer you a more affordable student loan payment. But if you ...
Earlier this month, Ellie Bruecker received a troubling notice from her student loan servicer, Mohela. "Although no payments are due at this time, interest continues to accrue on your loan(s) during ...