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Are You Ready for Student Loan Repayments to Resume?

Thursday, August 31, 2023

After a historical hiatus throughout the pandemic, borrowers now face federal student loan repayment. Evaluating your full financial picture and making a repayment plan goes a long way toward reducing stress and uncertainty. Unsure where to start? Read on! Verify servicer s . As an outcome of contract transfers and terminations mid-pandemic, your servicer s may have changed since 2020. Translation? You’ll need to confirm who will be receiving future payments and ensure they have your updated contact information. If you have private loans, review any correspondence you’ve received from your original loan servicer. You can reach out to your school’s financial aid office for help tracking that information. Another option is to visit AnnualCreditReport.com for a free weekly report that lists l...