The unexpected news that your student loan has been sold to a new company can be unsettling. Navigating this transition requires understanding your rights, the potential impact on your loan terms, and how to effectively communicate with the new servicer. This guide provides a comprehensive overview of the process, empowering you to manage this change confidently. From understanding the legal ramifications of the sale to proactively managing your account with the new servicer, we’ll cover essential steps to ensure a smooth transition and protect your financial interests. We’ll also explore potential pitfalls and offer strategies for resolving any issues that Read More …
