Student Loan Payments Paused July 1-31 | Income Driven Repayment Plans

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  • Опубликовано: 4 окт 2024

Комментарии • 21

  • @StudentLoanPlanner
    @StudentLoanPlanner  3 месяца назад +3

    On a separate note…160,000 Borrowers Just Got Their Loans Forgiven: Could You Be Next? www.studentloanplanner.com/student-loan-forgiveness-idr-save-pslf-idr-adjustment/

  • @SmecaWash
    @SmecaWash 3 месяца назад +4

    Not surprised and honestly they may extend this pause until September due to the IDR count that needs to happen as well… They should have never extended the deadline and like you said with so many new consolidated loans you have to recalculate it minus all the interest that accrued before the consolidation

  • @redhotmoon1656
    @redhotmoon1656 3 месяца назад +4

    I just got notified that my feorbearance is ending in 20 days, and I'm on the SAVE plan. It's been saying that my forbearance was ending in 2039. It's so confusing/frustrating

  • @albeedat1
    @albeedat1 2 месяца назад

    Smh, this mess is confusing and ridiculous. Thanks for this video by the way. I had applied for IDR last year and was approved but Mohela now doesn't take online documents. Unknown to me, so l resubmitted my documents and now this. I visited the Mohela website today and it basically read if you previously applied for IDR/SAVE that you don't need to do anything else and continue to pay your approved IDR amount

  • @ireneolsen9037
    @ireneolsen9037 3 месяца назад +3

    I am on autopay, should I stop that or they will just take care of it on their end and skip July? I am in SAVE.

  • @JessicaOC78
    @JessicaOC78 3 месяца назад +1

    I had so much trouble with getting the IDR payments correct when my husband and I were under Nelnet, it was beyond frustrating. With the Mohela transition and SAVE, we finally got that squared away and were making payments each month. Now we have been split between two different loan servicers, and I'm afraid our combined income and student loan debt are not going to be considered anymore and we will run into issues with our total payments again.
    Are those IDR payment going to be calculated through the DOE still or with the servicers individuallly?

  • @shannonshaffer7197
    @shannonshaffer7197 3 месяца назад +3

    Will ibr applications still be processed during this time?

  • @anitabrown3286
    @anitabrown3286 3 месяца назад

    The injunction was struck down so now what?

  • @Minecraftgamers567
    @Minecraftgamers567 3 месяца назад +1

    How can I find information about the new regulations for the SAVE plan that you said will be implemented in July? Also what resources would you recommend to stay up to date with the legal information and court hearings regarding this topic? Thank you!
    Best

    • @sagapoetic8990
      @sagapoetic8990 3 месяца назад

      There should be regulations being followed -- what is shocking is the lenders/processors are defying the government and calling the shots. This is just wrong and this administration needs to buck up and take a stand, not cave. We have to vote and call our officials and demand they and these private contractors, which is what Nelnet, Mohela etc are, follow the government guidelines. The voter, not the banks, are supposed to call the shots.

  • @tiffanysteen1845
    @tiffanysteen1845 3 месяца назад +1

    Can I make a payment anyway loans are scam thru make it digitally in secs I spend a life time paying it off due to fractional reserve banking. I’d saved is block I need apply diff IDR plan. I hate this I wish I had paid off in full at 0% in COVID we paid 44k off already during COVID I wish I applied 24k I had saved last July but we had that for 6 month emergency fund lived off it when I retired

  • @TA-lb9ew
    @TA-lb9ew 3 месяца назад

    What success rate do people filing an Adversary Proceeding in BK court are apptoved?

  • @kckanu8457
    @kckanu8457 3 месяца назад

    Please as far as you know does the double consolation process work? If so, do you have any person to suggest I work with? Thanks KC

  • @melk.175
    @melk.175 3 месяца назад +1

    I thought 8 states were shot down when they fought it?

    • @SmecaWash
      @SmecaWash 3 месяца назад +1

      These are new lawsuits separate from the previous Supreme Court ruling

  • @TA-lb9ew
    @TA-lb9ew 3 месяца назад

    Will Save Plan be extended to September?

  • @Degenxdta
    @Degenxdta Месяц назад

    All those pizzas and parties you all had for 4 years added up didnt they

  • @chugroot
    @chugroot 3 месяца назад

    But let's not worry about the billions going oversees or to illegals