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re: Happy Student Loan Payments Resume After a 3-Year Pause month

Posted on 10/2/23 at 8:43 am to
Posted by GetCocky11
Calgary, AB
Member since Oct 2012
51482 posts
Posted on 10/2/23 at 8:43 am to
quote:

I’m sure another pause is coming soon or based on the next election more forgiveness coming.


I'm pretty sure Biden already said there's a multi-month, maybe even a 1 year, on-boarding where non-payment won't have any negative affects on your credit and late fees won't accrue.

However, interest will still accrue starting now.
Posted by Pelican fan99
Lafayette, Louisiana
Member since Jun 2013
35043 posts
Posted on 10/2/23 at 9:00 am to
quote:

I'm pretty sure Biden already said there's a multi-month, maybe even a 1 year, on-boarding where non-payment won't have any negative affects on your credit and late fees won't accrue.

However, interest will still accrue starting now.
yeah. Anyone who waits a year and let’s interest collect without paying is an idiot. People not paying enough to cover the high interest rates is why they’re stuck paying for 20+ years
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