New year, new student loan servicer? You may have heard the student loan servicer FedLoan ended their contract with the government Dec. 2022. If you haven’t…surprise! Happy new year! But don’t worry, this change should (hopefully) be a painless one … Continue reading What you need to know about FedLoan ending their government contract
Are you confused about what’s happening with student loan forgiveness? Join the club! On Aug. 24, 2022, the Biden-Harris Administration announced a Student Debt Relief Plan that includes one-time student debt relief for millions of borrowers. Since then, there’s been a lot … Continue reading Student Loan Forgiveness: Frequently Asked Questions
We’re proud to announce a big step in getting borrowers better student loan repayment outcomes: Meet our new, exclusive refinancing marketplace for student loans! You probably know Payitoff provides our partners tools for their borrowers to leverage federal programs in … Continue reading Introducing Payitoff’s exclusive Refi marketplace with Sparrow
We couldn’t be more excited to announce our latest partner is Lever, an Australian debt negotiation app making its US market debut. Powered by our API and smart debt guidance, in the US market Lever will be assisting borrowers specifically … Continue reading Debt Negotiation App Lever is Payitoff’s Newest Partner
According to the U.S Department of Labor, over 22 million Americans have filed for unemployment over the past month. Obviously, this is an unheard-of amount of job loss, but how does it affect student loan borrowers? Roughly 1 in 5 … Continue reading 10% of student loan borrowers are newly unemployed
Yesterday, the Department of Education announced the following in response to the COVID-19 crisis: All federally held student loans will have interest rates set to 0% for a period of 60 days. Federal loan borrowers will have the option to suspend … Continue reading The Student Loan Response to COVID-19
Yesterday, Trump announced a sudden change to student loan repayment in response to COVID-19: the government is “waiving federal loan interest” until further notice. What does this mean? While there’s still many unanswered questions, the TLDR is: if you have … Continue reading WTH is Trump’s Student Loan Interest Waiver?
For student loan borrowers on income-driven plans, getting married can have a huge impact on their monthly payments. Important Questions To Ask Before tying the knot, there’s two important questions to ask a future spouse about their financial situation: What … Continue reading Married With Student Loans
Anglia Advisors offers comprehensive financial planning services to their clients. Over the past few years, they’ve seen an increasing number of prospective and existing clients with significant student debt. The burden is extremely high for anyone with a graduate degree, especially … Continue reading Anglia Advisors Improves Holistic Offering with Student Debt Repayment (Case Study)
It’s hard to keep track of all the alternative forgiveness options available to student loan borrowers. Many exist based on occupation, state and type of loan. The nuances of each program are confusing, especially when it comes to federal teacher … Continue reading Saving $32k with Teacher Loan Forgiveness