Having your wages garnished over an unpaid debt is one of the more stressful financial consequences you can face. One day, you're making ends meet between your paycheck and your regular bills, and the ...
In 2020, the federal government paused collections efforts on defaulted federal student loans, part of pandemic relief efforts. While Congress said payments would start again in 2023, the pause ...
What is wage garnishment, and what should you do if you’re facing it? Following the Education Department’s restart of collections on defaulted student loans in May, nearly two million borrowers could ...
Student loan borrowers who default on their loans could see 15% of their paychecks docked by the federal government soon. It’s still unclear when wage garnishment will start, but there are steps you ...
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Your paychecks could shrink as student loan wage garnishment resumes soon - here’s how borrowers can prepare
Student loan paycheck deductions: For millions of Americans struggling with defaulted student loans, a looming reality is coming into sharper focus, the federal government is preparing to resume wage ...
After a significant pause due to the COVID-19 pandemic, federal student loan collections have officially resumed. This marks a shift from the Biden administration's relief measures, as the Trump ...
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