All Types of People Default on Student Loans

All Types of People Default on Student Loans

Default happens when a borrower fails to repay his or her student loans according to the promissory note. For federal student loans, default occurs after 270 days without a payment. That’s 9 consecutive months of skipping payments. Federal Student Loan Default...
Employees Need Help with Student Loan Servicers

Employees Need Help with Student Loan Servicers

What is a Student Loan Servicer? If you hold federal student loans, you borrowed money from the U.S. Department of Education (ED) via their Federal Student Aid program. To handle the repayment of those loans, ED uses student loan servicers. Currently, there are 9...
Avoid this Overpayment Mistake

Avoid this Overpayment Mistake

This week’s blog post was written with permission about one of our Family Access users. Remember, IonTuition users can grant free accounts to family members.  Anne is a Typical Student Loan Borrower Anne is an elementary school teacher with over $10,000 in...
Student Loans Affect Your Credit Score

Student Loans Affect Your Credit Score

A credit score is a measurement of a person’s trustworthiness to repay their debts. Scores range from 300 (very poor) to 850 (excellent). A person with a high credit score has a history of on-time payments, a reliable income, and a relatively low amount of...