Consolidating student loans advice 2016 online dating sites in charlotte nc
Private student loans are often seen as more risky for borrowers, as they typically have higher interest rates and less benefits.While the government offers many perks - such as deferment & forbearance protections, forgiveness, and income-driven repayment plans - private lenders usually aren't so generous.In total, there were 177,293 complaints - 5,344 of which were made against student loan servicers.The number of borrowers that each servicer manages was pulled from the Department of Education's Federal Student Aid site.
We predict that some of the smaller not-for-profit servicers would rank at or near the top of the list if they were not all grouped together.
With all of the different servicers out there, and given the criticism they often receive, we thought it would be interesting to see how they stack up against each other in the consumers' eyes.
Using the CFPB's Complaint Database, we determined how many complaints were filed against each servicer for 2016 so far (1/1/2016 - 12/15/2016).
Borrowers can use their servicers to change payment plans, enter deferment or forbearance, apply for forgiveness, and more.
In general, servicers are the go-to contact for anything related to student loan repayment.