How I Recertified My Income-Driven Repayment Without the IRS Data Retrieval

Michael Lux Blog, News, Strategy, Student Loans 0 Comments

A large percentage of federal student loan borrowers are currently enrolled in an income-driven repayment plan.  Unfortunately for these borrowers, the annual re-certification process just got more complicated.  In the past borrowers just went to the Federal Student Aid’s Website for Income Driven Repayment Requests.  The form was fairly simple, …

Getting a Lower Interest Rate from FedLoan Servicing (MyFedLoan)

Michael Lux Blog, Lower Payments, Strategy, Student Loans 0 Comments

FedLoan Servicing, often called MyFedLoan, is one of the largest servicers of federal government student loans.  In addition to being one of the biggest federal loan servicers, they have a reputation for being one of the worst.  Unfortunately, this makes getting answers to some of the most basic questions difficult. …