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Day: April 24, 2025

Student Loan Collections Restarting: What Defaulted Borrowers Need to Know Before May 2025

Posted on April 24, 2025April 30, 2025 By John Corcione No Comments on Student Loan Collections Restarting: What Defaulted Borrowers Need to Know Before May 2025
Student Loan Collections Restarting: What Defaulted Borrowers Need to Know Before May 2025

Are you one of the 5.3 million borrowers bracing for the restart of student loan collections on May 5, 2025? After a five-year hiatus due to the pandemic, defaulted student loans are back in play, and it’s crucial to act now. If you’ve been in default (not having made a payment in 270 days), the…

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