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Congress Passes Relief for Student Loan Borrowers in CARES Act

Titan Consulting

Benefits include the following: Suspension of Monthly Payments : The US Department of Education automatically suspended payments on outstanding federal student loans. Payment relief includes both direct and FFEL (Federal Family Education Loans) loans and lasts through September 30, 2020. About Titan Consulting Group.

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How Can I Stop Student Loans from Taking My Taxes?

Credit Corp

If it does, you’ll receive a refund offset notice in the mail in advance of the proposed refund garnishment. If you pay your student loan balance before the IRS issues your tax refund, your refund won’t be garnished. To garnish—i.e., With interest and fees, his balance grew to $1,350 by January 2021.