Private Student Loan Help During the Cornavirus

 The Cares Act or Stimulus bill recently enacted into law address Government Student loans held by the Department of Education.  See our other blog.   The Cares Act does not address private student loans.   It is a good idea to reach out to your student loan lender and see if they are offering some form of assistance.  This link below give an update on some of the private student loan lenders and the type of assistance they are offering.  It also provides contact information for you to reach out to talk to your lender or servicer.

 

Private Student Loan assistance

 

Be safe

Wayne Novick