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In addition, the next webinar in the series is tentatively scheduled for October 1, 2017, and will cover Loan Estimate and Closing Disclosure content questions.
} Currently, borrowers need to know the name of their servicer to make payments and must work through that company to access debt-management programs.
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However, in this instance, the 30 days during which Loan Y was outstanding are not counted toward the determination of whether Loan X and Loan Z are part of the same loan sequence.
The reality is that most college students don’t receive enough scholarships and grants to pay for their education, although every bit of free money helps.
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As with other lenders, there is a late payment fee.
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While direct lending funds lack liquidity, thanks to the mismatch in supply and demand, investors can be compensated with a large illiquidity premium.