Do Student Loans Affect Stimulus Check
You ll get a temporary reprieve on wage garnishment and you ll also get a stimulus check from uncle sam.
Do student loans affect stimulus check. Spending the money they would otherwise pay towards their student loans might provide a marginal stimulus for the economy through increased or sustained consumer spending. Many are worried about how their stimulus checks could impact their student loans. If your federal student loans are in default there s good news.
Some might also consider. Some fear that their student loan lender could even seize their stimulus payment and apply the funds to their. Additionally private student loans which often carry higher interest rates than federal loans aren t included in the stimulus package.
The department of education will start the suspension period automatically.