Federal student loan collections resume, putting borrowers in default at risk of wage garnishment within 30 days.
Student loan borrowers who default on their loans could see 15% of their paychecks docked by the federal government soon. It’s still unclear when wage garnishment will start, but there are steps you ...
We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. Wage garnishment allows creditors to take money from your paycheck ...
In 2020, the federal government paused collections efforts on defaulted federal student loans, part of pandemic relief efforts. While Congress said payments would start again in 2023, the pause ...
What is wage garnishment, and what should you do if you’re facing it? Following the Education Department’s restart of collections on defaulted student loans in May, nearly two million borrowers could ...
Student loan repayments are officially back and millions of borrowers could soon face wage garnishment, reduced Social ...
Shortly after the Trump administration resumed collection efforts on defaulted federal student loans, the Education Department offered more detail to borrowers about the timeline for garnishments and ...
Millions of student loan borrowers could be facing wage garnishment by the end of August with collections starting within weeks, according to a report from credit bureau TransUnion. The report ...
Speer pointed out a law has already been offered to states to address shortcomings in the debt-buying process. If passed in ...
CHARLESTON, W.Va. (WCHS) — West Virginia Sen. Jim Justice has been issued a garnishment summons to pay more than $3 million in debts owed to an Illinois-based creditor after the senator failed to ...