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Tag Archives: Account Control Technology

Account Control Technology Didn’t Lower My Parent Plus Loan Balance

Problem Solving Series

Question: Dear Steve, Took out a Parents Plus Loan for my oldest child’s college. Right about the time payments were due had to defer them due to economy. Unable to find secure employment. Had to go on state assistance (embarrassed) have 3 minor children at home. ACT (account control technology) offered me another way. Sounded good to me being very ... Read More »

    U.S. Department of Education Practically Prison Raped Over Student Loan Collections

    NCLC Report

    To say the National Consumer Law Center (NCLC) just took issue with the relationship between the U.S. Department of Education and private debt collectors would be like saying a pedophile Santa at the Mall was no problem. While I believe the U.S. Department of Education wants student debtors to be treated fairly and have access to all of the available ... Read More »

      I’m Disabled and Behind on My Government Student Loans. – Jess

      happy woman in wheelchair outdoors beach showing victory sign

      “Dear Steve, I have about 42 thousand in gsl debt that has gone through to about 60 K now. I have been disabled and trying to get on ssi/ssdi for about 6 years now. I have an apartment via a government program to assist disabled persons with housing, but have only 115 plus food stamps from the state while my ... Read More »

        Account Control Technology Wants Me to Get My Student Loans Out of Default. – Chelle

        Ready to Collapse

        I have $54,000 in federal student loans plus owe $20,000 in fees for when my loans were sold and bought by new loan collection agencies. I defaulted on my student loans when I became homeless a few years ago. I graduated from college in 1997 with an (useless) art degree but would like to go back to school to obtain ... Read More »

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