Husband's loans got kicked off of IDR repayment plan saying we paid a year ahead and no longer qualify. We don't really care about IDR, trying to put everything extra on the loans to pay them off, but we logged on today and they are showing back in forbearance. I don't really understand why and these constant changes are kinda annoying. Anyone else got notified that your loans are in forbearance?
Posted by More-Fox7934
1 Comment
Idk but if you have a lower payment due to income, and you are paying extra, you are showing them you can afford a higher payment. It would be better to put the extra loot into a high interest savings account and make a lump payment to pay it off.