Discover this podcast and so much more

Podcasts are free to enjoy without a subscription. We also offer ebooks, audiobooks, and so much more for just $11.99/month.

10 most common student loan servicer mistakes

10 most common student loan servicer mistakes

FromStudent Loan Planner


10 most common student loan servicer mistakes

FromStudent Loan Planner

ratings:
Length:
41 minutes
Released:
Aug 6, 2019
Format:
Podcast episode

Description

Most people don’t seem to like their student loan servicer — and for good reason. Here are the 10 most common student loan servicer mess-ups and why they happen. In today’s episode, you'll find out: The 10 most common student loan servicer mess-ups Why servicers urge switching to Revised Pay As You Earn (REPAYE) How switching to REPAYE can hurt some borrowers Why inaccurate payment counts for loan forgiveness happen How to get your payment count fixed Why inaccurately reporting your spouse’s income is a bad idea How to find out the repayment plan you’re actually on Why you shouldn’t wait on Public Service Loan Forgiveness (PSLF) Why you should use your tax returns to report your income How “paid ahead” status happens Why servicers will sometimes put you in forbearance or deferment Why servicers will avoid answering questions Why servicers don't always tell you about your loan options How did loan servicing get this bad? Congress’ role in bad student loan servicing Why the government won’t spend on better loan servicing What incentives might improve student loan servicing Full show notes at: http://studentloanplanner.com/36
Released:
Aug 6, 2019
Format:
Podcast episode

Titles in the series (100)

Travis helps you navigate the insane world of student loans, especially if you owe $50,000 to $1 million. If you've ever spent too much time on the phone with your loan servicer, this is the show for you. Every week we share tips on loan forgiveness, investing, crushing debt, and how to get to financial freedom when you owe more than most people's mortgage.