In the long-run if you have federal student loans, demystifying their common myths can help you. Is it possible to myth that is separate fact?
MYTH Great Lakes owns my student education loans.
FACT Lenders, such as the U.S. Department of Education or banks, acquire your loan.
- Section of that which we do is:
- Track your school enrollment and status as long as you’re at school.
- Accept and process your loan re payments with respect to the lending company.
- Work with you as you repay your loans.
- Help keep you up-to-date with information regarding your student education loans.
- Originate and program your federal direct consolidation loans, as required. Continue reading 7 Fables and Information About Federal Figuratively Speaking