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Looked into Federal Student Debt Relief?

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SweetCreditObsession
Valued Contributor

Looked into Federal Student Debt Relief?

It's reported that the Federal Student Debt relief may come in spite of recent challenges. If you haven't already looked at whether this is an option for you, you may want to do so.



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Message 1 of 10
9 REPLIES 9
Shooting-For-800
Senior Contributor

Re: Looked into Federal Student Debt Relief?

I sent mine in.

Took about 2 minutes.

 

Rebuild started in 2014  -  $100k unsecured credit in 2017  -  $400k unsecured credit in 2022.

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Message 2 of 10
SweetCreditObsession
Valued Contributor

Federal Student Loan Debt Relief is in Limbo

The $10-20k in Federal student loan debt relief is in limbo after a Federal judge ruled that it's unconstitutional....

Read the article on NPR 

 



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ccquest
Established Contributor

Re: Federal Student Loan Debt Relief is in Limbo

*Federal judge in Texas, always gotta muck it up somehow. Hopefully they use this as part of the justification to do another extension while it's in limbo and then get this sorted out too.
as of 9/3/22
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Message 4 of 10
CreditCharmer
Regular Contributor

Re: Federal Student Loan Debt Relief is in Limbo

Who knows the fate of the Student loan Debt relief now Siiiiigh!!!

Credit is a lot like a Reputation....It takes 20 years to build it and five minutes to ruin it. If you think about that, and you will do things differently.









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Message 5 of 10
SweetCreditObsession
Valued Contributor

Federal Student Loan Payment Pause is Extended...

Federal student loan payments are paused once again. The end of the pause is contingent on the litigation surrounding the Federal Student Debt Relief being completed.

 

https://www.cnn.com/2022/11/22/politics/student-loan-repayment-freeze-extended/index.html



(+102) | (+106) | (+151) | TU Fico 9: ? | Exp Fico 9: ? | EQ Fico 9: ?| EQ Fico 8 Bankcard: 807

Initial Goal: Min. 740 w/all CRAs - Met
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Message 6 of 10
CreditCuriosity
Moderator Emeritus

Re: Federal Student Loan Payment Pause is Extended...

Yet again it never ends.

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SweetCreditObsession
Valued Contributor

Re: Federal Student Loan Payment Pause is Extended...

Let's hope it's a happy ending. With an indefinite end date, it could take some of us by surprise when the payments resume.



(+102) | (+106) | (+151) | TU Fico 9: ? | Exp Fico 9: ? | EQ Fico 9: ?| EQ Fico 8 Bankcard: 807

Initial Goal: Min. 740 w/all CRAs - Met
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Current Goal(s): Min. 780 w/all CRAs
Gardening Until: ??/??/202?| Last App: 7/21/2021
Message 8 of 10
CreditCuriosity
Moderator Emeritus

Re: Federal Student Loan Payment Pause is Extended...

Have to agree to disagree as costing taxpayers alot of $.  It shouldn't be a surprise either as was "LAST" time end of dec. until recent announcement.  People should expect to start making payments soon as been extended way beyond what has been needed as nothing is free in life.  I wish you the best of luck though.

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Message 9 of 10
pizza1
Community Leader
Super Contributor

Re: Federal Student Loan Payment Pause is Extended...


@SweetCreditObsession wrote:

Let's hope it's a happy ending. With an indefinite end date, it could take some of us by surprise when the payments resume.


I dont know how it could be a surprise to anyone!  No payments for 2 years already, and we get plenty of notice when the payments are going to restart.  Folks have had more than enough time to save back a little money to start their loan payments again.  


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Message 10 of 10
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