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May 12, 2008 | 02:56 PM

Student loans and late payments

Mon May 12, 2008 02:05PM | By Tony

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We get this question too often and just want to make it very clear. Student loans are different from pretty much any loan type out there. They can't be forgiven under almost any circumstances and quite impossible to dispute if the negative information like late payments is correct. Credit reporting agencies will verify them always. So don't be late, and if feel that you may be in troubles repaying on schedule, try your best to rearrange with your lender.

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