Saturday, October 20, 2018

IBR to PAYE

A post in Light Purple

So I got a letter dated October 12th that I have been changed from IBR to PAYE or REPAYE. I'm now paying $293.01/monthly, which is about what I expected. But Why did I have to be the one to call every week before things got moving? Why did this drag out so long? What the hell are they doing at the FedLoan that they can't process things in a timely manner? Every year? So now I just wait for the next bill, which I hope will be in November, since the October payment didn't count towards my 120 payments for forgiveness because I'm on the forbearance paying the same amount I was paying before. 

This is full of crock.

I just pray more students will NEVER accept a loan, ever, for college.

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