Thursday, November 29, 2012

dethrowining long time top kick credit cards ....student loans new delinquency champs




owen's  area  lode stone comments deftly:

"This  milestone may be misleading
' delinquency rates for student loans are likely to understate actual delinquency rates
 because almost half of these loans
are currently in deferment or in grace periods
and therefore temporarily not in the repayment cycle.
 Among loans in the repayment cycle delinquency rates are roughly twice as high.' "

"It’s worth mentioning, by the way, that student loan debt cannot be discharged in bankruptcy"

MORDANT WIT

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