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  2. How the Supreme Court's student loan relief ruling affects ...

    www.aol.com/supreme-courts-student-loan-relief...

    The SAVE plan was created to fix some long-standing problems with earlier income-driven repayment plans, or IDRs. It also debuted a month after the Supreme Court blocked Mr. Biden's plan to erase ...

  3. Sweet Settlement Wipes Out $6 Billion in Student Loan Debt - AOL

    www.aol.com/finance/sweet-settlement-wipes-6...

    June 30, 2022 at 6:00 AM. An estimated 200,000 defrauded former college students are set to have $6 billion in federal loan debt wiped clean as part of a proposed settlement agreement filed June ...

  4. What is debt forgiveness? - AOL

    www.aol.com/finance/debt-forgiveness-202301471.html

    Debt settlement: This is when you negotiate for the debt to be settled for a lump-sum to guarantee payment. This process severely damages your credit score because you must miss several payments ...

  5. Federal Direct Student Loan Program - Wikipedia

    en.wikipedia.org/wiki/Federal_Direct_Student...

    The William D. Ford Federal Direct Loan Program (also called FDLP, FDSLP, and Direct Loan Program) provides "low-interest loans for students and parents to help pay for the cost of a student's education after high school. The lender is the U.S. Department of Education ... rather than a bank or other financial institution." [1]

  6. Structured settlement - Wikipedia

    en.wikipedia.org/wiki/Structured_settlement

    Structured settlement. A structured settlement is a negotiated financial or insurance arrangement through which a claimant agrees to resolve a personal injury tort claim by receiving part or all of a settlement in the form of periodic payments on an agreed schedule, rather than as a lump sum. As part of the negotiations, a structured settlement ...

  7. Debt settlement - Wikipedia

    en.wikipedia.org/wiki/Debt_settlement

    Process. Debt settlement is the process of negotiating with creditors to reduce overall debts in exchange for a lump sum payment. A successful settlement occurs when the creditor agrees to forgive a percentage of the total account balance. Normally, only unsecured debts, not secured by real assets like homes or autos, can be settled.

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