Check your knowledge who do you contact when it’s time to enroll in a repayment plan?
Answer:
When it’s time to enroll in a repayment plan for student loans, contact your loan servicer for help exploring various repayment options and programs.
When it’s time to enroll in a repayment plan for student loans, you should contact your loan servicer. These are companies assigned by the Department of Education to handle student loan payments and repayment plans.
There are different repayment options available, including standard repayment plans, income-based repayment plans, and extended repayment plans. Each plan has specific eligibility requirements and rules.
If you are struggling to make payments, it’s important to communicate with your loan servicer. They can help you explore options such as income-driven repayment plans and loan forgiveness programs.
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