September 20, 2019

How to Make College More Affordable

Going to college can be expensive if you’re not following the right strategy. At Loan Forgiveness, we want to help you get the most out of your college experience – and that includes showing you how to save money while…

September 10, 2019

Deferment vs. Forbearance: Which is the Better Option?

In today’s economy, it’s not unusual for borrowers to experience a few speed bumps on the road to repayment. But with more and more student loans going into default – which grew to 1.5 trillion in 2019 – it’s a…

August 29, 2019

Great Lakes Student Loan Refinance and Consolidation

Great Lakes is one of four servicers approved by the Department of Education to handle federal student loans. In 2018 alone, Great Lakes worked with over 7.5 million borrowers and managed more than $232 billion in student loans, making them…

August 21, 2019

President Trump Signs Executive Order to Forgive Student Debt for Disabled Military

In a surprising move by the Trump administration, President Donald Trump signed an executive order this week that could potentially give thousands of servicemembers better access to student loan forgiveness. Coming after criticism about the administration’s actions on behalf of…

August 05, 2019

Everything You Need to Know About Student Loan Collections

In March 2019, it was announced that borrowers owed more than $1.5 trillion in student loan debt. Just a few months later, Bloomberg released an article stating $3.3 billion of this astronomical figure was in collections, and that collecting on…

July 22, 2019

Is Paying Off Student Loans with a Credit Card a Good Idea?

Credit cards are a great way to build credit, finance a purchase, and in some cases, even pay down debt. But despite their advantages, credit cards have become a big problem for many Americans, who sometimes use these valuable tools…