(InvestigateTV) — Federal student loan borrowers face a series of changes beginning July 1, and a debt relief attorney says now is the time to act — before those changes affect repayment plans or lead to delinquency.
The changes apply to federal student loans. Borrowers with private student loans are largely unaffected.
Leslie Tayne, a debt relief attorney, said the first step for any federal student loan borrower is to contact their loan servicer and ask about available plan options.
“You might still be in deferment, or you might still have no income — therefore, you want to make sure that you’re finding the appropriate program that works for you,” Tayne said. “And because those changes are happening, if you’re in a…