Search results
Results From The WOW.Com Content Network
The Education Department says Mohela has failed to process borrower applications for key repayment plans. The department isn't assigning new accounts to the student-loan company until it corrects ...
In June 2020, the DOE announced that MOHELA was one of five servicers that would help oversee the federal student loan portfolio in order to bring “enhanced customer support”. [3] [4] In 2021, it was reported that some FedLoan (Pennsylvania Higher Education Assistance Agency) student servicing loans were transferred to MOHELA. [5]
FedLoan Servicing stopped handling federal student loan accounts on December 14, 2021. After the decision, FedLoan accounts were transferred to MOHELA, Edfinancial, Aidvantage and Nelnet.
The new company must honor the original terms of your student loans. That means your payments and balance won’t change at all and you will still have access to the same federal protections you ...
Connect, formerly PRBC, is a consumer credit reporting agency, more commonly referred to as a credit bureau in the United States. It is similar to the other four U.S. credit bureaus ( Equifax , Experian , TransUnion and Innovis ) in that it is an FCRA ( Fair Credit Reporting Act ) compliant national data repository.
With student loan forgiveness still uncertain, borrowers can expect more changes -- and perhaps some potholes -- on the road to paying down student loan debt. As part of the Biden administration's...
Student-loan company MOHELA is facing two lawsuits over claims it mistreated millions of borrowers. Sen. ... Sign in. Mail. 24/7 Help. For premium support please call: 800-290-4726 more ways to ...
Many borrowers are reporting their college debts have been forgiven and are breathing a sigh of relief. From Yvette Walker: