Navigating the complexities of student loan repayment can feel overwhelming, especially when you’re unsure who actually holds the debt. Understanding who owns your student loan is crucial for effective repayment and avoiding potential pitfalls. This guide will demystify the process of identifying your loan owner, clarifying the distinctions between federal and private loans, and explaining what to do if your loan is sold or transferred. From initial disbursement to potential sale or transfer, the ownership of your student loan can change hands. This journey impacts everything from your interest rate and repayment options to who you contact for assistance. This Read More …