Student loan companies aren’t prepared to accept payments in October??

[Saltwater60]

Wait what? You aren’t prepared to start accepting payments again in 3 months from now… Well get to work!!
My wife has continued to pay hers so how are you accepting the payment from me?
This is a joke and a ploy. I’m sure they figure it’s cheaper in the KKK g run if the feds pay it on one lump sum and they can pay off tons of people.

Student-loan companies aren't prepared to restart payments in October, which could be a 'financial catastrophe' for borrowers, senators say

Elizabeth Warren and Ed Markey urged an extension of a student-loan payment pause through at least March to give borrowers and servicers more time.

www.businessinsider.com

 

[drowhawk]

Good! I'm not prepared to start paying them yet either.

 

[2WheelGnnr]

uh....isnt that pretty much your only real job....after you give the money...the get ready and received the money.

How did you do it before!!! god...

 

[tirwin1]

I used to work for a bank. This makes absolutely no sense whatsoever. There is no possible way the servicers are not ready to receive checks. This is simply a ploy to give the borrowers more time. Complete and total bullshit.

 

[Saltwater60]

I used to work for a bank. This makes absolutely no sense whatsoever. There is no possible way the servicers are not ready to receive checks. This is simply a ploy to give the borrowers more time. Complete and total bullshit.

Exactly my thoughts.

 

[Acer-m14]

is this because of climate control ... they want back to manual labor with no electric processing LOL ..

 

[repete]

How fricking hard can it be? Get a check, cash it, even welfare rats can do it!

 

[Robin]

We are all gonna pay for what many of these overeducated fools have learned, especially from those Ivy covered halls of communism.
Robin

 

[Grimscale]

This actually sounds like a good thing.

If a company refuses to accept payment they are waiving any claim of debt owed. No governmental monies need change hands. These companies are willingly forgoing the student's debt.