Loans transferred to Dpmt of Education

  • charonh
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Replied by charonh on topic Re: Loans transferred to Dpmt of Education

I investigated and found out that the gov't made an agreement with financial institutions that they could transfer some of their student loans in order to make new loans. I think I like mine better this way too.
10 years 4 months ago #1

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Replied by Meya on topic Re: Loans transferred to Dpmt of Education

Yup! Same thing happened to me. I wonder why they are doing that? But anyway, it is a good thing, deferments and forbearance are much easier with them. I am not bothering mines, even though I had mines solely transfered over to Chase, they are giving it up to Dept of Edu. :worried:
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I don't know if this is good or bad, but two of my student loan lenders have transferred my loans to the Department of Education. I was wondering had this happened to anyone else.
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