A Teacher’s Figuratively Speaking Had Been Forgiven. Then FedLoan Wrecked Their Credit.

Jed Shafer thought their work navigating the distressed general public solution loan forgiveness system ended up being completed. He discovered him away at the register out he was wrong when Lowe’s turned.

When nine refund checks landed in their mailbox a couple of months ago, Jed Shafer figured he had been finally completed with their student loan.

He’d invested years struggling to have the loan forgiveness that federal legislation offers up general general public servants like him, and people checks through the united states of america Treasury covered what he’d paid beyond their responsibility. Their loan stability ended up being formally zero.

But he’s perhaps not done, maybe maybe not by a long shot.

Earlier in the day this thirty days, he went into Lowe’s to purchase a brand new refrigerator and sent applications for a shop bank card to have a ten percent discount. He had been refused at that moment. (more…)