Who should you contact if you have trouble making payments once you leave school?

Who should you contact if you have trouble making payments once you leave school?

Your school’s financial aid office
Your loan servicer
Your parents
None of the above

Answer:

If you have trouble making payments once you leave school, you should contact your loan servicer. They can provide you with information about repayment options, deferment or forbearance if you are having financial difficulties.

Explanation:

If you have trouble making payments once you leave school, you should contact your loan servicer. Your loan servicer is the company that you borrowed money from and they are responsible for managing and collecting your loan payments. They can provide you with information about repayment options, deferment or forbearance if you are having financial difficulties.

Your school’s financial aid office may also be able to help you with information and resources regarding loan repayment. However, it is typically the loan servicer that you should contact directly for any payment issues.

It is important to keep in mind that if you are struggling with making loan payments, it is best to address the issue as soon as possible and not ignore it. Ignoring payment problems can result in late fees, damage to your credit score, and even default on your loans.

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