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- š© Really, another lawsuit?
š© Really, another lawsuit?
Welcome to the 333 new readers this week! They've joined 8,691 readers getting no b.s. student loan news.
Hey ,
Howās your week been so far?
Itās been a busy one over here. Weāre getting ready to close our office to new clients from Monday September 24 to Monday October 9 while we set up our shiny new client portal.
If youāre already a client, donāt worryāweāll take care of you as usual. And if you want to become one, I look forward to welcoming you in a couple weeks.
Alright, letās get into this weekās storiesā¦
š© Republicans try to block the SAVE plan
š Will they stop garnishing social security?
šø Woman regrets paying her loan in fullābut should she?
āÆļø New video: My courageous client shares her student loan struggles
š³ļø I need your vote!
And moreā¦
Fix yourself a drink, sit down with me, and press play š
š No time to watch? Hereās the low down:
š©Will SAVE be blocked by republicans?
Short answer: we donāt know. In light of this new bill, people are understandably worried about the safety of this plan. Now, SAVE was created by executive order, not a law, so it could technically be voided by the Supreme Court. But in the face of such uncertainty, all we can do is work with the options we have right now. If SAVE is right for you, stick with it. Iām all about keeping options on the table. So if they take this one off, we just pivot to another one. Iāll update you as this unfolds. But for now, hang tight.šCan they stop social security from being garnished?
Senate Finance Chair Ron Wyden and a team of reps are trying their hardest. If this billpasses, borrowers who default on their loans wonāt get their social security check garnished. If it doesnāt pass, there are still plenty of programs for borrowers in defaultālike Fresh Start. More on this story as it happens.āÆļø New video: My client Lisa shares her student loan struggles.
Lisa went from winning corporate awards to losing her job, her house, and her faith in the system. She experienced shame and isolation, fuelled by vicious comments from servicers and judgements from society. Sound familiar? Let Lisaās story remind you: whatever youāre going through, youāre not alone.
Hear Lisaās story
šøThis woman on TikTok regrets paying her loans off in full.
But honestly, I donāt think she should. Could she have spent that money on better things? Sure. And yeah, her credit has taken a temporary hit. But she shouldnāt worry too much. As I always say, credit bounces back faster than you think. And hey, now sheās free from her loans! Silver linings and all that.
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Thanks for stopping by, . I hope this was helpful. As always, if you want 1:1 help managing or erasing your loans, Iām right here.
Take care,
Tate