Who Do I Call About My Student Loans? (Question)

call the Federal Student Aid Information Center (FSAIC) at 1-800-433-3243.

How do I contact the Department of Education student loans?

If you are not sure which service center to call, contact the Federal Student Aid Information Center at 1-800-433-3243 or by email at [email protected]

How do I find out what collection agency has my student loans?

To determine the collection agency assigned to your defaulted loan, contact the current holder (the lender with which you have an account and to which you owe a debt). The U.S. Department of Education contracts with several collection agencies to collect on defaulted loans.

How do I find out about my student loans?

You can use the National Student Loan Data System (NSLDS) to find out what federal loans you have. As of February 2020, the NSLDS site is found on the Department’s StudentAid.gov site.

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Do student loans go away after 7 years?

Student loans don’t go away after 7 years. There is no program for loan forgiveness or loan cancellation after 7 years. However, if it’s been more than 7.5 years since you made a payment on your student loan debt and you default, the debt and the missed payments can be removed from your credit report.

What is the phone number to the Department of Education?

The local number in Washington, D.C. is 202-453-6100. Federal Relay Service. Email: [email protected]

Who has my defaulted student loans?

Identifying Your Servicer To find out who your loan servicer is, visit your account dashboard, find the “My Aid” section, and select “View loan servicer details,” or. call the Federal Student Aid Information Center (FSAIC) at 1-800-433-3243.

Do student loans go into collections?

If you stop making your student loan payments altogether, they’ll go into default and potentially be sent to a debt collector. A student loan won’t go to collections until it has entered default. Once your loans enter default, the entire balance becomes due, also called acceleration.

Are defaulted student loans suspended?

On Aug. 6, 2021, the U.S. Department of Education announced a final extension of the student loan payment pause until Jan. 31, 2022. The pause includes the following relief measures for eligible loans: a suspension of loan payments. stopped collections on defaulted loans.

Is nelnet a federal loan?

Nelnet is a federal student loan servicer working on behalf of the U.S. Department of Education, the government agency that lends you or your child student loans.

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How many days after missing a student loan payment do your loans go into default?

While federal student loans don’t go into default until after 270 days of past-due payments, borrowers with private student loans are beholden to the rules of their loan providers.

Do student loans show up on credit report?

Similar to other financial commitments, student loans can appear on credit reports. Since credit scores are calculated using information from credit reports, on-time payments — and late or missed payments — can impact credit scores.

What happens if you never pay your student loans?

Let your lender know if you may have problems repaying your student loan. Failing to pay your student loan within 90 days classifies the debt as delinquent, which means your credit rating will take a hit. After 270 days, the student loan is in default and may then be transferred to a collection agency to recover.

How do I deal with old student loans?

The most easily accessible student loan forgiveness programs include: Public Service Loan Forgiveness: After 10 years of making payments while working full time for a qualifying government or nonprofit employer, the rest of your loan debt is forgiven.

Can you go to jail over student loans?

Can You Go to Jail for Not Paying Student Loan Debt? You can’t be arrested or sentenced to time behind bars for not paying student loan debt because student loans are considered “civil” debts. This type of debt includes credit card debt and medical bills, and can’t result in an arrest or jail sentence.

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