This CFPB page lists sample letters that can help you take the following actions: Cancel automatic payment withdrawals. You can send a letter to your student loan servicer revoking your ...

and one important document you may need to request is a student loan payoff letter. Learn more about what a student loan payoff letter is, when you might need one, why it’s important ...

Mortgage lenders need documentation for large deposits in your bank account. For gifted funds, this means providing a gift letter. A gift letter should include the name and contact information of ...

Miss a student loan payment? It never hurts to send a goodwill letter to the lender explaining what happened. Missed loan payments could hurt your credit if you don't act fast. Whether you were ...

Federal student loan provider Nelnet mistakenly sent some borrowers notices saying it would automatically deduct their next payment from bank accounts by Sept. 1 In the letter, Nelnet advised ...

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. A payoff statement is a statement prepared by a lender providing a payoff amount for ...

Prominent Democrats are again urging the Biden administration to extend the pandemic-era student loan payment pause beyond May 1 and cancel debt for millions of borrowers, according to a letter ...