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November 19, 2015

Lenders taking more borrowers to court over their student loans

  • The number of lawsuits over delinquent loans from private lenders has increased significantly.
    • By DAVE COLLINS
    Associated Press

    HARTFORD, Conn. — Fall behind on your student loans these days and you could end up getting more than hectoring phone calls and threatening letters. Some lenders are taking more people to court, attorneys say.

    The number of lawsuits filed over delinquent student loans that were made by private lenders has increased significantly in the past two years, lawyers told The Associated Press, even though borrowers are missing payments much less often than they did during the height of the recession.


     
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