Still paying off your #StudentLoans?
July 1st brought several important regulation changes designed to help student loan borrowers. Most regulatory changes, including changes to student loan interest rates, are effective on July 1st, despite the fact that the federal fiscal year doesn’t begin until October 1st. This is partially due to a requirement that the Department of Education give advance notice of any proposed regulatory changes, including those dealing with student loans. Federal law mandates that the Department of Education set aside times for the public and affected to comment on the proposed changes. So whether you’ve just signed for a new loan, are in default or any situation in between…
Check out these 4 regulation changes to help you get to the finish line with your finances & #CreditRating in tact.
Source: The Student Lone Ranger