I just received a notice that my student loan with Heartland ECSI is 60 days past due and it's affecting my credit report. I thought the moratorium lasted until the end of the year?

General
1

Nothing online that I can find about this. Because of this, my credit report now shows a past due mark, even though I believed all loans were still under moratorium until the end of the year. Has anyone else experienced something similar?

1 Like
2

brielle, howdy,If you’re experiencing financial difficulties, you may be eligible for a deferment or forbearance, which can temporarily delay or decrease your monthly payments. However, interest will still accumulate during a forbearance period.

2 Likes
3

Since the Department of Education does not own these Perkins federal loans, they are not eligible for the interest-free epidemic forbearance. If you combine them into a federal direct loan, you might be able to qualify them.

1 Like