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Here's the 'most likely scenario' for when student loan payments could restart — and how to prepare

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Borrowers may be down to their last few months without a student loan payment. Here's how to prepare for bills to resume.

Double-check your servicer has your current contact information, so you receive all the notices about the upcoming change, experts say.

If you mistakenly send a payment to your old servicer, the money should be forwarded by the former servicer to your new one, he added.Many people's lives have been changed by the Covid-19 pandemic. If your circumstances look different than they did three years ago, it may make sense to review the payment plans available to you and find one that's the best fit for your current situation.

 

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