10 most common student loan servicer mistakes
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Most people don\\u2019t seem to like their student loan servicer \\u2014 and for good reason. Here are the 10 most common student loan servicer mess-ups and why they happen.
In today\\u2019s episode, you\'ll find out:
- The 10 most common student loan servicer mess-ups
- Why servicers urge switching to Revised Pay As You Earn (REPAYE)
- How switching to REPAYE can hurt some borrowers
- Why inaccurate payment counts for loan forgiveness happen
- How to get your payment count fixed
- Why inaccurately reporting your spouse\\u2019s income is a bad idea
- How to find out the repayment plan you\\u2019re actually on
- Why you shouldn\\u2019t wait on Public Service Loan Forgiveness (PSLF)
- Why you should use your tax returns to report your income
- How \\u201cpaid ahead\\u201d status happens
- Why servicers will sometimes put you in forbearance or deferment
- Why servicers will avoid answering questions
- Why servicers don\'t always tell you about your loan options
- How did loan servicing get this bad?
- Congress\\u2019 role in bad student loan servicing
- Why the government won\\u2019t spend on better loan servicing
- What incentives might improve student loan servicing
Full show notes at: http://studentloanplanner.com/36
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