Student loan servicer FedLoan not extending their contract – Rae Kaplan explains what that means and what you should do

John Williams

FILE – In this Jan. 21, 2020 file photo, dollar bills have been dropped into a tip jar at a carwash in the Brooklyn borough of New York. Many millennials are now parents with jobs, car loans and mortgages. They have experienced a global recession and a pandemic, and some are also still paying off student loan debt. (AP Photo/Mark Lennihan, File)

Rae Kaplan, from Debt Relief Attorney Law Firm, joins John Williams. FedLoans will not be extending their contract with the Department of Education and loans will be transferred to a different servicer. Here’s what Rae recommends you do before the switch happens in December.

Copyright 2021 Nexstar Media Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

Business News

More Business News

Political News

More Political News

Technology News

More Technology News

Science News

More Science News

Entertainment News

More Entertainment News

Odd News

More Odd News

The Mincing Rascals

More The Mincing Rascals

The John Williams Show
Weekdays 9 a.m. - noon JohnWilliams

Focusing on current events, John discusses the news of the day, sports, television programs, movies, and books with a thoughtful perspective and quirky sense of humor. Inquisitive and curious by nature, he asks what listeners want to know and his guests never get a pass on the tough questions. (Click for more.)

The John Williams NewsClick sponsored by Joint Relief Institute

More NewsClick

Popular