Student Loan Interest & Payments Waived through September 30

[Bryan Danielson]

What about if your loan already in default?

 

[Wildin]

Finesse season has returned!





"Hi my name is Eric from Navient student loans, as you know we are currently suspending payments on student loans due to covid-19. Now I see that a payment processed within the last 7 days, if you'd like I am able to deposit that money back in to your account, and suspend further automatic withdrawals, once again, no fees, no interest, no penalties until this crisis has some sort of resolution. Would you like to do that today?






















What's your routing and bank account number"

 

[Tenchi Ryu]

What about if your loan already in default?

Already covered in this, not taking shyt til September

 

[Serious]

There are none lol

It depends on the individual though

My friend's is 400 a month. About 100 usually goes to interest.

So if he keeps paying over these next 6 months all of that will go to principal which is amazing.

Or he can sit on that 400 and stack.

$400

How much does he owe overall....

My student loan payment is only $110

 

[wire28]

 

[levitate]

shyt effective immediately?

 

[Elle Driver]

I asked like a week ago but no one replied:

If this proposal to suspend interest charges on federal student loans during this whole Covid-19 thing goes through, does anyone know if that also applies to loans that have defaulted (and are not actually being monitored by the government anymore)?

Also, does anyone know if that applies only to loans that people have been making payments on? I have a loan that I never made one payment on and it's over 10 years old. It is now officially being held by Reliant Group, not by the Department of Education (even though they had it first).

Apparently they’re suspending garnishing wages and taxes for those who defaulted.

 

[Sad Bunny]

$400

How much does he owe overall....

My student loan payment is only $110

20K.

He wanted to pay them off faster.....less than 10 years.

Some people pay the minimum for 30 years.

fukk that shyt. Lol.

 

[Sad Bunny]

That would be
I do wonder if the payments halted or are the accounts in forbearance (still gaining interest)?

They aren't ganing interest.

It shows up as 0% on Navient.

 

[Sad Bunny]

Man when you put it like that I think Im going to keep paying my shyt instead of holding off until September

You should. Take advantage.

This doesn't happen too often lol

 

[Brolic]

$400

How much does he owe overall....

My student loan payment is only $110

That’s nothing my monthly payments are almost $700 a month.

 

[KneeGrow.]

shyt like this really should illustrate how arbitrary it is.

Why stop at September? Why not a year from now? Why not forever?

 

[Serious]

That’s nothing my monthly payments are almost $700 a month.

I only owe 10k

 

[Serious]

shyt like this really should illustrate how arbitrary it is.

Why stop at September? Why not a year from now? Why not forever?

Where's @September at

 

[Womb Raider]

Shiiiiit I owe ~50k they wasn’t getting shyt besides those private loans paid back anyway


When I do start paying them ima hop right on that public service loan forgiveness wave 10 years of my money for it all to go away