Easier Access to Private Student Loan Information
New rules will make it easier for students and co-signers to access full information about their private student loans. This will allow citizens to better manage their obligations and compare repayment options, increasing transparency and control over their finances.
Key points
Private lenders must submit detailed student loan data to a central system.
Co-signers will gain access to information about loans they co-signed, in separate accounts.
The system will allow comparing different loan repayment plans, helping choose the best option.
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